PHOENIX—Sources at Wentworth Property Group revealed that Shultterfly is designing a new build-to-suit facility at Discovery Campus Building located at Elliot Road and Loop 101, sharing the main entrance with ASU Research Park in Tempe.
The online photo printer Shutterfly revealed in a recent SEC filing that it signed at 217-thousand-square-foot deal for a production facility in Tempe through 2025. The facility will consolidate all of the company's locations in the greater Phoenix area, including the recently acquired R&R Images facility. It will also offer the possibility for future expansion.
The Discovery Business Campus is a 136-acre, mixed-use campus with 800 thousand square feet of office space and a mix of industrial, retail and hotels. Wentworth purchased the campus from Freescale Semiconductor in 2010.
Jones Lang LaSalle managing directors Karsten Peterson, Dave Seeger, Mark Gustin and Mark Detmer represented WPC in the lease negotiations. Jones Lang LaSalle senior managing directors Pat Williams and Steve Corney, and vice president Andrew Medley, represented Shutterfly.
At press time little else was known about the deal.
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