Jeff Wentworth, vice president with Grubb & Ellis Co.'s office advisory group, negotiated the five-year lease for the tenant. He tells GlobeSt.com that GTX/Paybyclick opted for the new location because it offered underground parking as well as a Scottsdale location. "It's one of the few locations in north Scottsdale that has parking underground," Wentworth said. "That was an important criteria for them."
The firm will move from 2390 East Camelback Rd. in Phoenix into the three-story, class A office complex in February, Wentworth said. Building owner Cavan Investment Ltd was represented in the transaction by Craig Coppola of Phoenix's Lee & Associates Arizona. Phil Lovell, Grubb & Ellis senior vice president of the industrial advisory group, assisted in the negotiations with Wentworth.
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