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Colonial Capital
1440 E Missouri Ave
Suite C-285
Phoenix , AZ 85014
Real Estate Type: Office
Square Feet: +/- 3,356
Project Overview
Three Building Class B Office Campus
Renovated Historical Buildings with unique architecture
Located in decision maker neighborhood, tenant wants to be here
Challenge
Top Option is leased by national group with better credit from underneath us
Backup option was always kept incase we needed to pivot
Looming Lease Expiration Date that is creeping closer and closer
Solution
Work with LL to shift focus to new building
Working with LL architect and GC got plans to grab space from one suite and capture into new suite closer to our ideal size at LL sole cost
Results
Turnkey space that was built at cost that made sense to the Landlord
Tenant located in area and building they want to be in
Able to relocate on time and avoid paying double rent
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