Property Details
Arrowhead Fountains
Property Information
ADDRESS: 16150 North Arrowhead Fountains Center Drive, Peoria, AZ
SIZE: 96,798 SF
DATE ACQUIRED: February 2016
Property Description
Purchased along with Scottsdale Norte as a gallery deal, this 3-story, multi-tenant office building is located east to the West Loop 101. This institutional-quality property was 88% occupied at the time of purchase by national tenants such as Fidelity Title, RBC Capital Markets, and Wells Fargo. The building’s flexible floor plates allow for multiple tenant configurations, and the overall lack of quality office space in the submarket continues to benefit the property’s desirability. Recent capital upgrades and renovations include exterior enhancements, landscaping and hardscaping, restroom and corridor remodels, and new interior finishes and décor.
