CBRE and Cushman & Wakefield to Market The Edge

CBRE Awarded Office Assignment; Cushman & Wakefield Awarded Retail Assignment

PHOENIX, December 20, 2018 – Palmer Development has awarded CBRE and Cushman & Wakefield the marketing assignment for The Edge, a 15.39-acre planned mixed-use development.

CBRE’s Bryan Taute and Charlie von Arentschildt are exclusively marketing the Class A office space for lease. Cushman & Wakefield’s Brent Mallonee, Chris Hollenbeck, Regan Amato and Shane Carter are exclusively marketing the retail, restaurant and entertainment space.

“We are thrilled to have assembled some of the most talented brokerage teams in the state to help complete this development,” said Daniel Lupien of Palmer Development.

Located on the northwest corner of 90th Street and the Loop 101 in Scottsdale, Ariz., The Edge will include a 210,000-square-foot (sf) Class A office building 10,000sf of inline shop space and four retail pads.

The Edge offers exceptional visibility and access via the Loop 101 and provides an attractive opportunity serve flagship locations in Scottsdale.

“The Edge is a premium location surrounded by highly sought after demographics with unmatched freeway visibility. This is a location tenants will use to showcase themselves,” said Cushman & Wakefield’s Brent Mallonee.

The office location will cater to both senior executives due to the proximity to executive housing and the skilled workforce along Loop 101. The site will place prominent corporate branding along the Loop 101.”We are very excited to be involved with a project of this quality that is able to accommodate companies seeking 100,000 SF or more. Scottsdale has seen a very limited amount of new construction and there are not any buildings along the north loop of the 101 that can accommodate large users,” said CBRE’s Bryan Taute.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

2018-12-20T16:27:03-07:00December 20th, 2018|