Peoria Center at Arrowhead

Description:

Peoria Center at Arrowhead -- with its immediate access to one of greater Phoenix's most viable and well-trained labor pools -- will bring approximately 84,000 SF of office space in two double-story buildings, to the second fastest-growing city in the United States. The park is bringing high-tech office space to the under-served Arrowhead market, which has a 97 percent occupancy rate and virtually no available Class A space.

Located in an office market that is home to a diverse corporate mix, Peoria Center at Arrowhead connects to Phoenix within minutes via the Agua Freeway Loop 101 Freeway at the Bell Road interchange, putting more than 100,000 workers living within a 30-minute commute. The Alter Group's low-rise buildings fulfill this market's pent-up demand for advanced office space in a landscaped campus-style setting.

The Peoria Economic Development Department facilitates a pro-business environment with an aggressive economic-incentive program to bring new employers into the community. These initiatives include economic development zones along major transportation corridors such as the 101 Freeway, expedited plan reviews; demographic and real estate information services; and financial assistance for qualified prospects. As a direct result of this proactive approach, the community enjoyed a low 2.5 percent unemployment rate during 2004.

Contact Information:

Kurt Rosene
Senior Vice President
The Alter Group
(480) 302-6600
krosene@altergroup.com