Situated in Phoenix’s Camelback Corridor, Anchor Centre is a
twobuilding office complex offering over 333,000 square feet of rentable space
connected by a below-ground parking structure. The complex is equipped with a
5,000-square-foot restaurant and bar, and an outdoor plaza with a central water
feature and shaded seating. Onsite amenities at the property include a
conference room, game room, fitness center and car wash.
Anchor Centre is centrally located at 2201 and 2231 East
Camelback Road, adjacent to the most prominent intersection in Phoenix, 24th
Street and Camelback. Tenants at the property are within walking distance of
numerous shopping and dining options such as Saks Fifth Avenue, California
Pizza Kitchen and The Cheesecake Factory.
“Work-life balance is a priority for many of our tenants at
Anchor Centre,” said Tim Helgeson, senior vice president for KBS and asset
manager for the property. “We are proud to be able to provide them with a
variety of onsite and nearby amenities in a location central to Phoenix.”
Kyle Seeger and Ryan Bartos of JLL represented BurnsBarton, Scott Johnson of MKJ Advisors represented Magnus Title Agency, Corey Hawley of CBRE represented World-Wide Technology Holding, and Chris Walker, Sean Spellman and Mike Beall of Cushman & Wakefield represented KBS in the transactions.
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended including statements relating to KBS REIT III’s ability to invest in and manage a diverse portfolio, and the performance of Anchor Centre and of the Phoenix real estate market. These statements are subject to known and unknown risks, uncertainties and other factors which may cause KBS REIT III’s and/or Anchor Centre’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.