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Credit Company Buys Parcel in Popular Northwest Suburb

PHOENIX-A credit counseling company is joining dozens of other companies that have relocated to the popular area along the I-17 Corridor near the Loop 101 interchange. The company has purchased land to build an office campus.

By D.J. Burrough | Updated on March 09, 2001

PHOENIX-A nationwide debt management firm has purchased 21 acres in northwest Phoenix where it plans to build a campus.

Credit Counselors of America Inc. purchased a 21-acre parcel at the southwest corner of 19th Avenue and Monona Drive for $7.4 million. The property is less than a mile from Interstate 10 and just a quarter mile from the Loop 101, which is under construction.

The debt consolidation agency plans to build a 240,000-sf office building on the site, which will serve as a regional campus. Cuervo Development Co. is building the project and is scheduled to commence construction this spring.

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