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GPS Goes the Way of Medicine

Phoenix Office
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Colliers International's Sean Westfall, Fletcher Perry and Michael Dupuy are transforming a tech-centric HQ space into the HQ for a healthcare company. And also diminishing some of Phoenix's shadow space in the process. We learned that Arizona Priority Care just inked a big deal for 25k SF at Chandler Corporate Center. The healthcare group subleased the space with popular GPS maker Garmin International, pushing the 67,500 SF office building to 90% leased.

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We spoke to Michael about the deal, who says APC plans to house its executive and admin office at Chandler Corporate Center (here). But he also adds that actual medical space is not far in coming here. As for MOBs, Michael says the leasing activity has been “somewhat stagnant” during the year. “I expect more of the same in 2015,” he says.