PHOENIX, January 22, 2018 – Cushman & Wakefield has announced that Atlanta-based Randstad, a global leader in HR services, signed a 10,668-square-foot (sf) lease at 3838 N. Central Avenue in Phoenix.
On behalf of Randstad, the transaction was completed by Curtis Chickerneo and Larry Downey of Cushman & Wakefield’s Phoenix office and Allison Bittel of Cushman & Wakefield’s Atlanta office. John Bonell, Brett Abramson and Chris Latvaaho of Jones Lang LaSalle represented the landlord, San Diego-based Parallel Capital Partners, Inc.
Randstad will be relocating and consolidating its offices into one location at 3838 N. Central Avenue. The company plans to move in this month.
3838 N. Central Avenue is part of City Square, midtown Phoenix’s prominent mixed-use project consisting of three Class A office towers totaling over 724,387 sf. The site provides tenants with a first-class business environment including high speed internet and fiber optics, City Square Sports Club, Hilton Garden Inn, on-site restaurant facilities, on-site childcare facility, barbershop, shoe shine, beauty salon, easy access to major banks, 24-hour guard services, and on-site management and engineering.
“3838 N. Central Avenue provided a great opportunity for Randstad to consolidate a few offices in the Valley to one central location while reducing their overall square footage and leasing costs,” said Chickerneo.
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Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value 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.