 |
December 10, 2007
Phoenix, AZ – Casino Arizona (www.casinoaz.com) has leased 3,400 SF at The Alter Group’s (www.altergroup.com) Riverwalk Arizona business park in Scottsdale, AZ. Michael J. Alter, President of the Chicago-based national corporate real estate development firm, announced the transaction.
Casino Arizona will use the space, located at 7580 North Dobson Road, as a corporate sales office supporting its two casinos owned and operated by the Salt River Pima-Maricopa Community.
One of the country’s largest developments on Native American land to date, Riverwalk Arizona will yield an estimated 1,500,000 SF of corporate office and retail space, and create up to 15,000 new jobs.
The Alter Group’s exclusive leasing agent for Riverwalk Arizona is CB Richard Ellis, represented by Jerry Roberts, Senior Vice President. Roberts also represented Casino Arizona in the transaction.
“Thanks to its phenomenal population growth – Maricopa County has added more than 3,000,000 residents since 1970 – demand for Class A office space in the Phoenix area has reached unprecedented levels,” said Kurt W. Rosene, Senior Vice President, National Development, of The Alter Group.
Riverwalk Arizona is set on prime land owned by the Salt River Pima-Maricopa Community, home to the Pima and Maricopa Indians, descendants of the ancient Hohokam Indians. The community was created in June of 1879 and consists of 53,600 acres – with 19,000 maintained as a natural preserve. Adjacent to The Alter Group’s land site is The Pavilions, a 140-acre retail shopping center; Casino Arizona; and the Talking Stick Golf Club.
The Alter Group is a national corporate real estate development firm with five vertically integrated affiliate companies. Each offers specialized services, including brokerage, healthcare facility development, construction, and property management.
The Alter Group, founded by William A. Alter in 1955, has developed close to 100,000,000 SF of speculative projects for its own portfolio and build-to-suit facilities for corporate users. This year, the company has 6,700,000 SF of space, worth $796,000,000, under development in national markets.
The firm was recently ranked as # 5 in the National Real Estate Investor survey of America’s top office developers for the second consecutive year.
Back to Top |
|
|
|
|
|
|
|
| Casino Arizona Leases Office Space at Riverwalk Arizona |
| December 10, 2007 |
|
|
|
|
|
|
| |
 | |
