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THE TEAM
WHY TEMPE
AVAILABILITIES
PROJECT
PROJECT INFORMATION
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HIGHLIGHTS
ON-SITE AMENITIES
LOCATION
Building LAYOUT
Building Facts
Class A Campus
Total RSF: ± 292,397 RSF Total Size: 14.6 AC Parking Ratio: 6.0/1,000 Structured Parking 2 AC Village Park Pickle Ball Court Water Features
Phase I – 1325 W Rio Salado Pkwy
Phase II – 1325 W Rio Salado Pkwy
3-Story ± 110,329 RSF – Construction Complete Ready for TI’s
3-Story ± 132,972 RSF – Estimated Delivery Q2 2024
Tempe Vale Building I
Tempe Vale Building II
Wi-Fi Equipped Village Park
Pickle Ball Court
Grab & Go Retail User/Coffee Bar
Full Service Restaurant User
Half Basketball Court
Food Truck Area
Opportunity Zone Project, developed/owned debt free
New one-of-a-kind corporate campus located in the heart of Tempe
5-minute drive to Phoenix Sky Harbor International Airport
Adjacent to the nation’s largest university, Arizona State University
Quick access to all major metro freeways
3.1M people within 30-minute commute of the site
Download Building I Floor Plan
Building II
Building I
Download Building II Floor Plan
ASU
Transportation
lifestyle
Amenities
Corporate Neighbors
about tempe
Tempe is situated in the heart of the Valley. Tempe is a top technology center in Arizona and a leading choice for major corporations. Major city initiatives focus on transportation, accessibility, sustainability, quality of life, open data, performance metrics, and inclusivity.
Centered in the Greater Phoenix Metropolitan Area 3 minutes from Phoenix Sky Harbor International Airport
5 freeways, 8 light rail stops and access to Tempe Street Car Direct Population of 190,000
Median age is 28.1 years 42% of residents have Bachelor’s Degrees
Most walkable and bikeable city in the Valley, with hundreds of miles of bike lanes and pedestrian corridors
The City of Tempe offers a fresh, vibrant business environment attracting the next generation of employees
17,000 Businesses are located in Tempe, employing over 210,000 people
https://www.tempe.gov/government/economic-development/why-tempe/life-culture#:~:text=Tempe%20is%20a%20vibrant%20and,do%20any%20time%20you%20want.
Tempe’s lifestyle is vibrant, active, and diverse. One of the most prominent aspects of Tempe is its social scene. Residents have the advantage of getting to regional events, business centers, and neighborhoods using the Tempe Streetcar.
The city of Tempe is highly livable and is known for its buzzing social scene. Each year residents get to enjoy more than 100 athletic, music, and cultural events. Tempe boasts one of the strongest economic environments nationwide, with flourishing businesses and industries.
Tempe is a vibrant and active community. Home to Tempe Town Lake, Tempe Center for the Arts, Historic Mill Avenue, PAC 12 Sports, and the oldest comedy club in Arizona, Tempe Improv. With over 40 events and festivals in downtown and the lake district residents can always find something fun & relaxing to do.
Boating- Dragon boats, paddleboards, kayaking, and etc. Boat Parades Biking & Hiking Spring Training ASU Sports Tempe Festival of Arts
The city of Tempe is conveniently located centrally in Metro Phoenix with access to all major freeways, city-wide bus service, and the Valley Metro Rail line. Tempe is just a short drive from Phoenix Sky Harbor International Airport, which is a hub for numerous domestic and international flights.
One of the most widely recognized universities in the nation, Arizona State University, is conveniently located minutes from the Tempe Vale campus.
#1 innovation school in the U.S. (ASU ahead of MIT & Standford)
The U.S. News Rankings for ASU
1st, Most innovative school in the U.S 2nd, Local government management program in the U.S 5th, Online MBA program in the nation Top five business schools in the west Top ten law schools in the nation
Ranked as one of the highest schools for outstanding academics
74,878 students enrolled
Leasing
Owner
Verde Investments, Inc. is a private real estate development and investment company based in Phoenix, AZ, founded by Ernie Garcia in 1992. Verde Investments, Inc. has a net worth of over $1.2 Billion and owns a portfolio of commercial real estate primarily in the southwest that includes office, multi-family, retail, and industrial properties. Mr. Garcia is also the founder and owner of DriveTime Automotive, the fourth largest used car financer and retailer in the US with over 160 dealership locations. Matt Brucker is the Managing Director of Real Estate for Verde and has 17 years of development, leasing, and asset management experience. Over his career he partnered with multiple national and international real estate investment groups such as Clarion, Crow Holdings, New York Life, Northwood Investors and USAA, leading to the completion of 2.5 million square feet of office and industrial product for numerous Fortune 500 tenants, including Amazon, CarMax, Centene, JPMorgan Chase, Lennar, Northern Trust, NXP Semiconductor and Republic Services.
NEWMARK
Since 1929, Newmark faced forward, predicting change, and pioneering ideas. Almost a century later, the same strategic sense and audacious thinking still guide our approach. Today, Newmark’s integrated platform delivers seamlessly connected services tailored to every type of client, from owners to occupiers, investors to founders, and growing startups to leading companies. Tapping into smart tech and smarter people, Newmark brings ingenuity to every exchange and transparency to every relationship. Thinking outside of boxes, buildings and business lines, delivering a global perspective and a nimble approach. From reimagining spaces to engineering solutions, we have the vision to see what’s next and the tenacity to get there first.
OUR TEAM
Partners for over 8 years, our team specializes in working with tenants, resolving their complex real estate needs. Regardless of a company’s position, we provide value-added real estate services tailored to meet the evolving workspace requirements of contemporary tenants. Whether your company is facing a near-term lease expiration, experiencing rapid growth, or seeking to right-size its operations, our team offer the expertise and resources required to craft a creative solution to address your unique situation.
Tom Adelson
tom.adelson@nmrk.com t - 602-952-3829
Erin McClure
erin.mcclure@nmrk.com t - 602-952-3830
NEWS COMING SOON
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FOR MORE INFORMATION
tom.adelson@nmrk.com
t - 602-952-3829
Executive Managing Director
Director
erin.mcclure@nmrk.com
The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
Building FactS
Overview
Tempe Vale is a cutting-edge corporate campus created to provide modern office space that encourages creativity, collaboration, and productivity. With state-of-the-art facilities and thoughtful design, Tempe Vale aims to create a sense of community and balance in the lives of our tenants. Tempe Vale redefines the office experience by offering a more contemporary, flexible, and inspiring workplace. Located in the heart of Tempe, Arizona, this brand new office project offers some of the most sought-after amenities, including pickle ball courts and a half basketball court. Tempe Vale has been built to produce a more positive and vibrant work environment. The floor plates at Tempe Vale maximize the use of office space and ensure effective layouts for all tenants. Designed to promote productivity and comfort within the building, ensuring that businesses can thrive and succeed. With over 3.1 million people that live within a 30-minute commute of the site in Tempe, finding better office space for lease will be difficult. This new one-of-a-kind corporate campus is the ideal location for your business to establish its office. Contact us today to tour Tempe Vale.
Tempe is a vibrant and active community. Home to Tempe Town Lake, Tempe Center for the Arts, Historic Mill Avenue, PAC 12 Sports, and the oldest comedy club in Arizona, Tempe Improv. With over 40 events and festivals in downtown and the lake district residents can always find something fun and relaxing to do.
Tempe City Council approves plans for nearly 500 apartment units, with more than 1,000 in the pipeline - Phoenix Business Journal (bizjournals.com)
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