“Carlisle is an exciting and valued addition to the region, and will complement the notable roster of first-class corporate citizens also claiming Northeast Phoenix as their home. We're thrilled Carlisle selected Kierland One and believe it will serve as a magnet for other distinct companies, drawing even more interest and investment in the area,” says Anderson.

Hines and PCCP are further enhancing the immediate retail/shopping amenities next to Kierland One. Arizona State Credit Union is building a 4,400-square-foot state-of-the-art branch and Cole Investment Group of Scottsdale, AZ is developing more than 8,000 square feet of multi-tenant retail and restaurant shops. Both are expected to open in late 2016.

Jeff Hartland and Scott Boardman with Cushman and Wakefield represented the ownership in the transaction. Tom Adelson with CBRE represented Carlisle.

PHOENIX—Kierland One's large flexible floor plates, access to the Valley's talented labor pool and nearby shopping/retail options enticed Carlisle Cos. to relocate its corporate digs from Charlotte, NC. The manufacturing company will occupy the entire fourth floor of Kierland One.

Hines and joint venture equity partner, PCCP LLC, inked the 46,000-square-foot lease for Carlisle Cos. Inc. Carlisle manufactures a wide range of products that serve broad markets including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics. Carlisle generated $3.5 billion in net sales in 2015.

Chris Anderson, managing director and city leader for Hines, tells GlobeSt.com: “Hines is excited to welcome Carlisle to Kierland One in Northeast Phoenix. The Kierland area is seeing increased interest. Carlisle's corporate headquarters is expected to intensify market activity, bringing additional high-quality jobs to the area.”

Kierland One is a class-A, 175,441-square-foot office building located in the Kierland submarket. Situated on 11 acres, the four-story building located at 16430 N. Scottsdale Rd., is across from the Promenade Shops, within the Kierland master-planned development.

“Carlisle is an exciting and valued addition to the region, and will complement the notable roster of first-class corporate citizens also claiming Northeast Phoenix as their home. We're thrilled Carlisle selected Kierland One and believe it will serve as a magnet for other distinct companies, drawing even more interest and investment in the area,” says Anderson.

Hines and PCCP are further enhancing the immediate retail/shopping amenities next to Kierland One. Arizona State Credit Union is building a 4,400-square-foot state-of-the-art branch and Cole Investment Group of Scottsdale, AZ is developing more than 8,000 square feet of multi-tenant retail and restaurant shops. Both are expected to open in late 2016.

Jeff Hartland and Scott Boardman with Cushman and Wakefield represented the ownership in the transaction. Tom Adelson with CBRE represented Carlisle.