Tuesday, May 28, 2013

State Farm to Occupy $600M Development In Phoenix Area




National Commercial Real Estate News From CoStar Group





State Farm to Occupy $600M Development In Phoenix Area



Ryan Companies US, Inc. and Sunbelt Holdings will develop a $600 million, five-building campus in Tempe, AZ, to be occupied by anchor tenant State Farm as its regional headquarters.

After leasing 250,000 square feet in the fourth quarter amid unconfirmed reports about occupying a new development, State Farm announced in a joint release with the city of Tempe that it will anchor the mixed-use project near Tempe Town Lake on land owned by Arizona...






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