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Office Tenant Pushes Lease to 158,169 SF

SCOTTSDALE, AZ-Expanding its existing presence by 51,997 sf, DHL Information Systems new office space is located in Building B of the Koll Perimeter Center. The five-year lease is valued at $7.8 million.

By Diana M. Rodriguez | Updated on July 09, 2003

SCOTTSDALE, AZ-After becoming the first major tenant at the Koll Perimeter Center last year, DHL Information Systems has added 51,997 sf to its existing 106,172 sf of office space. The new five-year lease, valued at $7.8 million, is for Koll’s Building B at 8665 E. Hartford Dr.

The CB Richard Ellis Inc. team of Tom Adelson, Jim Fijan, Jerry Roberts and Kevin Calihan represented the building owner, Perimeter Center Lot 1 Office Park of Scottsdale. Locally based DHL’s interests were negotiated by Jim Trobaugh, Rob Marsh and Chris Hook, also with CBRE’s Phoenix office.

Roberts, senior VP with the brokerage house, notes the latest lease brings the 212,000-sf complex–which consists of twin two-story buildings–to 100% occupancy. “The buildings are upscale and have great exposure to the 101 Freeway, which is newly completed in North Scottsdale,” he explains, adding that the complex’s large floor plates with more than 55,000 sf per floor, also worked to attract big tenants.

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