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Avison Young relocates and expands into new 12,000-sf Phoenix office; ground-floor space will accommodate growing team and client events

Avison Young relocates and expands into new 12,000-sf Phoenix office;
ground-floor space will accommodate growing team and client events 12 Aug 2020

Phoenix, AZ David M. Genovese, Avison Young Principal and Managing Director in Arizona, announced that the firm’s Phoenix office has expanded into 12,000 square feet (sf) of ground floor space and relocated its 50 Phoenix-based employees to 2720 E. Camelback Road, Suite 150. The new offices are within the Camelback Lakes office complex, a four-building project totaling 203,290-sf owned by a partnership between DRA Advisors and Mainstreet Capital Partners.

“This new space is perfect for accommodating our team and supports our future growth plans,” said Genovese. “It features a design, finishes and amenities that we have been wanting for our firm. All of us, staff included, are excited to make it our new home. Additionally, we have an advantage of a highly coveted ground floor location with a private entrance, and the design has been strategically modified to allow for social distancing between staff, while we continue to navigate the current pandemic environment.”

The new office features monument and building signage ideal for elevating Avison Young’s presence in the market. It also offers large meeting rooms, a lounge, a private patio, and other amenities that enable the team and clients to eventually socialize and collaborate.

“In light of the COVID-19 pandemic, it is even more important for clients to seek the best advisors to develop and optimize their real estate strategies. Not only will this new state-of-the-art space offer an inviting and fun environment for our entire team of AY professionals, but it will also be a place where we can host future client events,” said Mark Seale, Avison Young Principal and Director of Brokerage Services.

Seale noted that professionals have been expressing an unprecedented interest in joining Avison Young’s Phoenix team. He added: “This new space is a further testament to the long-term commitment to the Arizona marketplace and will help us achieve our goals of selecting the very best talent in the market and being the leading commercial real estate provider here.”

The Camelback Lakes property has historically been a prime asset in the local market, and is about to undergo significant interior and exterior renovations by the ownership who acquired the asset approximately one year ago.

Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its Principals. Founded in 1978, with legacies dating back more than 200 years, the company comprises thousands of real estate professionals in more than 100 offices around the world. The firm’s experts provide value-added, client-centric investment sales, leasing, advisory, management and financing services to clients across the office, retail, industrial, multi-family and hospitality sectors.

Avison Young is a 2020 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for nine consecutive years.

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Darcie Giacchetto, Places Public Relations: 949.278.6224