First of a Series of Big Leasing Moves by Cohen Equities
Phoenix, Arizona – April 8th, 2016 – Cohen Equities announced today that Cox Communications has relocated and expanded at Blackhawk Corporate Center in Phoenix, Arizona. The tenant, a leading provider of advanced digital video, internet, telephone and home security and automation, relocated from one of the three buildings within the project to another, leasing approximately 52,327 square feet of space. Cox Communications was represented by James Bayless and Eric Ross of CBRE in the transaction.
“The Deer Valley submarket and its southern neighbor, the I-17 Corridor, provide a strong employment base that is highly attractive to tenants seeking space in the Valley,” said Tim Whittemore of Cushman & Wakefield, who represented Cohen Equities.
Built in 1998, Blackhawk Corporate Center is located in the Deer Valley submarket, which is situated at the Loop 101 and Interstate 17 Freeway interchange. The total project size is 252,350 square feet and 23.95 acres of land. The center is currently 70% occupied, and leasing will be handled by Colliers International.
“This was a complex transaction and we are very thankful to our brokerage partners who ensured that everything went smoothly,” said Meir Cohen, Chairman and CEO of Cohen Equities. “This lease to us is a testament to the effort our property managers put in to consistently ensure that our tenants are happy, their businesses thrive and their needs are well accommodated.”
About Cohen Equities
Cohen Equities is a national real estate investment firm that pursues commercial assets that present an opportunity to add value in both secondary and gateway markets. The company has successfully invested in and improved more than 9 million square feet of real estate across the United States. Led by Meir Cohen, a real estate veteran with more than 30 years of experience, Cohen Equities creates significant value through active management, leasing and repositioning activities. For more about Cohen Equities, please visit cohenequities.com.