Colliers International represents ViaWest to complete lease-up of office complex

Phoenix, July 18, 2018 – Deer Valley Financial Center recently attracted five new tenants, bringing the Northwest Phoenix office complex to 100 percent occupancy. The project, located at 22601 N. 19th Avenue, was acquired in February 2018 by ViaWest Group of Phoenix.

“ViaWest took a proactive approach, integrating a variety of tenant-friendly amenities and move-in ready spec suites at Deer Valley Financial Center, which tenants found extremely appealing. Tenants jumped on the opportunity to be part of the new amenity-rich renovations, as they knew spaces would be in high demand,” said Ryan Timpani of Colliers International in Greater Phoenix.  “Employee-focused features such as community shuffleboard, television and lounge areas, as well as on-site dining have created one of the best multi-tenant office environments in the submarket.” 

Timpani and Kyle Campbell with Colliers serve as exclusive leasing agents for the Deer Valley Financial Center and represented the landlord in the following lease transactions. 

Innovative Pain & Wellness, PLC of Scottsdale signed a long-term lease for 5,690 square feet of space at the property. The tenant was represented by Rich Andrus and Tanner Milne of Menlo Group Commercial Real Estate in the lease negotiations.

Phoenix Managed Networks, LLC, a telecom firm based in Reston, Virginia, leased 5,374 square feet of space for more than five years. The company was represented by Rick Mineweaser of Diamond Pacific Investments, Inc.

Qmes Holdings LLC has leased 3,122 square feet of space for more than three years.  The durable medical equipment and supply company is based in Pennsylvania.  Dan Casey of DAUM Commercial Real Estate represented the company in its lease negotiations.

Quest Civil Contractors, LLC, a Phoenix-based construction company, has leased 2,207 square feet for two years.  The firm was represented by Eric Bell of Kidder Matthews in the transaction.

DuBe Talent Consulting, LLC, a Minnesota company, has leased 1,942 square feet for more than five years.  The human resources consulting firm is headquartered in Boston and was represented in the negotiations by Kyle Stickles of Cresa Phoenix.

“When we purchased Deer Valley Financial Center, we could see its untapped potential and we planned to execute on a spec suite and amenity program focused solely on the tenants and their employees,” said Steven Schwarz of ViaWest Group. “Prior to delivering any of the improvements, we were successful in bringing the property to 100 percent occupancy within the first five months of ownership. Although it was not an easy feat, it proves how strong the Deer Valley submarket has become. We foresaw the desire for an amenity rich environment. We created and delivered as promised and the success was clearly demonstrated by our lease up.”

Deer Valley Financial Center is a two-building, campus style office project located near the intersection of 19th Avenue and Deer Valley Road. The 126,578-square-foot development features Class A office space, common conference facilities, community shuffleboard, television and lounge space, as well as on-site dining. The ViaWest Properties asset is adjacent to the Deer Valley Airport and just 20 minutes from Sky Harbor International Airport. The property offers convenient access to Interstate 17 just one mile away and Loop 101 access just two miles from the project.

About ViaWest Group
Established in 2003, ViaWest Group is a Phoenix-based full service commercial real estate acquisition, development, property management, investment and advisory firm. ViaWest Group has been one of the fastest growing real estate investment companies in the Valley over the last few years with over $400MM of acquisitions.  Since inception, ViaWest has been involved in over $850MM of acquisitions. ViaWest Group is looking to acquire and develop more office, industrial, retail and commercial land parcels in the Southwestern United States. www.viawestgroup.com

About Colliers International Group Inc.
Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 12,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $20 billion of assets under management from the world’s most respected institutional real estate investors.
 
Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice to accelerate the success of its clients. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers is ranked the number one property manager in the world by Commercial Property Executive for two years in a row.

Colliers is led by an experienced leadership team with a proven record of delivering more than 20% annualized returns for shareholders, over more than 20 years.

For the latest news from Colliers, visit Colliers.com or follow us on Twitter: @Colliers and LinkedIn.

Colliers International in Greater Phoenix has served clients locally and globally for more than 35 years.