Oct 12, 2022 - InBusiness Phx

Huge Demand of New Commercial Project Garners Highest Price-Per-Square-Foot Office Rents in Arizona History

RED Development announced today that the Class AA office building at The Grove, the highly anticipated mixed-use destination in Phoenix, is now 100% fully leased prior to the completion of construction, which is a first in Arizona commercial real estate history. JLL, a global brokerage firm, represented RED in leasing the office building and is the first tenant to move in this week with close to 130 employees from its Phoenix division.

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