September 27, 2018
Newport Beach, CA-based KBS signed 31,333 square feet of leases Anchor Centre in Phoenix. The new deals involved BurnsBarton, First Option Lending and Magnus Title Agency, while World Wide Technology Holding and L. Roy Papp & Associates renewed leases at the property. Anchor Centre is part of the KBS Real Estate Investment Trust III portfolio.
Situated in Phoenix’s Camelback Corridor, the two-building office complex offers more than 333,000 square feet of rentable space connected by a below-ground parking structure. The complex at 2201 and 2231 East Camelback Rd. is equipped with a 5,000-square-foot restaurant and bar, and an outdoor plaza with a central water feature and shaded seating.
JLL’s Kyle Seeger and Ryan Bartos represented BurnsBarton, MKJ Advisors’s Scott Johnson represented Magnus Title Agency, and CBRE’s Corey Hawley represented World-Wide Technology Holding. Cushman & Wakefield’s Chris Walker, Sean Spellman and Mike Beall represented KBS in the transactions.
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