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...

InvenSense Leases 130,000 SF for New HQ in San Jose

InvenSense, Inc. (NYSE: INVN), the leading provider of MotionTracking™ devices for consumer electronics like smartphones and tablets, has signed a lease deal for 130,000 square feet at 1745 Technology Dr. in San Jose, CA.

The eight-story, 228,310-square-foot office building was developed by Spieker Properties, Inc. in 2000 on 15.2 acres in the San Jose Airport submarket of Santa Clara County, part of the Concourse at Technology Tower. The...

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