PHOENIX—Bryan Cave, a law firm with more than 135 employees, has been located at Renaissance Square for 17 years, and has renewed its long-term 38,878-square-foot lease there. Meanwhile, new tenant, Berkeley Research Group LLC (BRG), committed to a 6,244-square-foot lease also at Renaissance Square, according to Hines, the international real estate firm.
Steve Hamel, Hines' general property manager, tells GlobeSt.com: "Hines is pleased to renew Bryan Cave's long-term lease and sign a new lease for Berkeley Research Group LLC. Renaissance Square's premier downtown location makes it appealing to tenants of all kinds."
One Renaissance Square is a property owned by Hines.
"We are pleased to renew our lease at Renaissance Square and continue to take advantage of the close proximity to the courts and government and business centers. Bryan Cave is committed to supporting business in downtown Phoenix and serving our clients in Arizona and globally," said Jay Zweig, Bryan Cave office managing partner.
BRG moved to Renaissance Square from a location north of Camelback Road on Central Avenue. The global strategic advisory and expert consulting firm has about 15 employees in its Phoenix office and more than 850 employees worldwide.
"As BRG continues its global expansion, with offices located in key markets throughout the world, we are delighted to have our Phoenix professionals based at Renaissance Square," said Sebastien Belanger, BRG's vice president of operations.
John Pierson with JLL represented Bryan Cave, while Pierson and Trevor Pratt represented BRG. Pat Devine with Cushman & Wakefield represented Hines in both transactions. Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 199 cities in 19 countries. Hines has $87 billion of assets under management.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
