2155 W Pinnacle Peak Rd
Phoenix, AZ 85027
Corridors Corporate Center · Bureau Propriété À vendre

Corridors Corporate Center, located at 2155 West Pinnacle Peak Road, Phoenix, Arizona (the “Property”) is a high quality, ±132,061 SF, 92% leased, four-story multi-tenant office building that is anchored by Chubb Insurance (NYSE: CB; S&P AA). This highly amenitized investment opportunity checks all the boxes that office tenants seek today including an onsite fitness center with lockers and showers, Corridors Café, conference/training facility, and abundant surface parking, much of which is covered canopy. In addition to the café, this multi-tenant property includes four high quality office tenants with expertise in the insurance, banking, solar and logistics industries, the largest of which being Chubb Insurance, an original tenant to the building, representing 63% of the total Property GLA, and is in full physical occupancy. In addition to Chubb Insurance, the Property recently added another investment grade credit tenant, Umpqua Bank (S&P BBB) -- when combined with Chubb Insurance, investment grade tenancy occupies 80% of the GLA at the Property!
In addition to Corridors’ sticky, credit-worthy tenancy, the Property also benefits from an outstanding, Deer Valley submarket location. This high barriers to entry location is one of the most sought after in all of Metro Phoenix due to not only its easy access to labor via the I-17 & Loop 101 freeways, high quality retail, hospitality and restaurant amenity base, minimal available fee simple land, as the majority is controlled by the State of AZ, Federal Government or local municipalities, but the most compelling sustainable element in this market area is the $165 Billion, Taiwan Semiconductor Manufacturing Company’s United States HQ, a short 5-minute drive from the Property!