PHOENIX—CBRE has negotiated a 62,771-square-foot office lease at Black Canyon Commerce Park located at 2133 W. Peoria Ave. in Phoenix. The building is now 100% leased to Progrexion, a technology enabled consumer service business that provides a suite of credit repair services.
Currently, Progrexion occupies approximately 60,000 square feet in the I-17 corridor submarket. The additional 62,000-plus square feet will be used to house the 450 new employees Progrexion plans to hire in the near future.
Ashley Brooks, Jim Bayless and Jenny Aust Turner of CBRE's Phoenix office represented the landlord, Newport Beach-based Granite Black Canyon Holdings, in negotiating the long-term lease agreement. Darius Green of Keyser and Sam Pruitt of Site Selection Group represented Progrexion.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
