Okland Construction Leases 85,241 Square Feet At 2525 West Corporate Center Drive In Phoenix

The property asset involved in the transaction is an industrial property located at 2525 West Corporate Center Drive in Phoenix, AZ, encompassing a total of 85,241 square feet. This asset is leased under a full-building lease agreement, supporting Okland Construction's expansion of its prefabrication operations for technology-sector clients.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Asset Size: 85,241 sq ft
• Address: 2525 West Corporate Center Drive
• Market: Phoenix, AZ
• Landlord: Brian Murray - Ryan Companies; Robert Jue - Standard Real Estate Investments
• Tenant: Bill Okland - Okland Construction
• Landlord's Representative: Cooper Fratt, Tanner Ferrandi, Connie Nelson & Brady Turpen - CBRE
• Tenant's Representative: Chris Rogers, Trevor McKendry & Beau Citron - DAUM Commercial Real Estate Services

The individuals and companies involved in the deal include Brian Murray from Ryan Companies and Robert Jue representing Standard Real Estate Investments, who are the landlords. Bill Okland from Okland Construction acts as the tenant. The landlord's representation is handled by a team from CBRE, consisting of Cooper Fratt, Tanner Ferrandi, Connie Nelson, and Brady Turpen, while the tenant is represented by Chris Rogers, Trevor McKendry, and Beau Citron from DAUM Commercial Real Estate Services.