MindBody

1355 N. Scottsdale Road, Suite 300
Scottsdale, AZ 85257

 

Size:  28,000 SF

Property:  SkySong 4

Lease Type:  New Lease

Requirement
Leasing modern/creative office space for millennials

Challenges

  • Leasing temporary space
  • Timing for temp space was incredibly urgent
  • Additional temp space was unexpectedly needed, requiring a short-term sublease
  • Client needed a gradual growth in headcount up to full capacity

Solution

  • C2 negotiated two separate short term solutions and a permanent office, all at a mixed use project
  • C2 negotiated a “grow in” period for the long term space

Benefits

  • Reduced speed to market
  • Substantial rent savings during growth mode
  • Tremendous flexibility for initial space needs
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Valley of the Sun United Way

3200 E. Camelback Road, Suite 375
Phoenix, AZ 85018

 

Size:  32,800 SF

Property:  Biltmore Commerce Center

Lease Type:  Relocation

*United Way had to make the decision on who to represent them for the first time in 57 years…they picked The Coppola-Cheney Group.

Challenge
Decide between buying a building, leasing, or re-developing an existing owned asset

Solution

  • Analyze thoroughly all options
  • Lease a collaborative flexible option with enhanced meeting space

Results

  • Every employee at VSUW felt they got a promotion with the new space
  • Flexible lease option
  • Central location for all employees, board members and volunteers
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AFS Technologies

National Tenant Advisory

Representing fast growing tech companies is a challenge. Add in a company that is also acquiring other companies, and you have a complex real estate portfolio.

The Coppola-Cheney Group handles all these issues, while ensuring a great work environment.

Requirements

  • Nationwide portfolio of representation
  • Consolidate/re-cast offices due to acquisition

Challenges

  • Multiple offices in the same market
  • Cultural differences
  • Incredible focus on bottom line metrics

Solution

  • National tenant advisory

Benefits

  • Single point of contact
  • Local expertise and experience
  • C2 Unique Advisory Process
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Kudelski Security

5090 North 40th Street, Suite 450
Phoenix, AZ 85018

 

Size:  30,000 SF

Property:  Class “A” Office

Lease Type:  Corporate Relocation

Requirement
To find a Corporate Headquarters for a worldwide company currently headquartered in Geneva, Switzerland

Challenges

  • Location parameters
  • Language barriers
  • Cultural challenges
  • Time differences

Solution
From over 60 sites/projects, only one option was viable for the client. This caused the negotiations to be difficult and strategic.

Benefits

  • Top Floor
  • Unparalleled views
  • Fantastic terms
  • Building signage
  • Over market tenant improvement allowance, allowing for an incredible buildout
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Dickinson Wright

1850 North Central Avenue, Suite 1400
Phoenix, AZ 85004

 

Size:  46,000 SF

Property:  Central Arts Plaza

Transaction Type:  Relocation

Requirement
Arizona headquarters relocation

Challenge
Relocate after 20 years, or renew/renovate existing premises

Solution
Relocate to 1850 North Central Avenue

Benefits

  • Negotiated over $6/SF in annual rent savings
  • Achieved substantial above market Tenant Improvement Allowance
  • Flexible growth rights
  • 100% free parking
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May, Potenza, Baran & Gillespie

201 North Central Ave, 22nd Floor
Phoenix, AZ 85004

 

Size:  +17,000 SF

Property:  Chase Tower

Lease Type:  Renewal

Requirement
Lease renewal or relocation

Challenge
Leveraging a renewal position with one of the most difficult Landlords in Phoenix

Solution
Exploit an excellent relocation option against renewal play

Benefits

  • Our client received the cheapest Class A building lease in Downtown Phoenix in the last 15 years
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Motorola

2900 S. Diablo Way
Tempe, AZ 85282

 

Size:  330,000 SF

Property:  Diablo Center

Lease Type:  Sale and Lease-Back

Requirement

Sale and Lease-Back

Challenge

The Coppola-Cheney Group was faced with a complex transaction of selling a 29-acre facility consisting of 4 buildings totaling 330,000 SF while leasing back 245,000 SF to Motorola

Solution

The Coppola-Cheney Group helped select the right buyer on the first try who closed ahead of schedule. The Coppola-Cheney Group’s versatile knowledge of all product types and a regional perspective on sale trends allowed their client to maximize profits in minimal time

Benefits

  • Motorola relied on C2’s expertise to dispose of a unique combination of office, light assembly and lab space
  • The Coppola-Cheney Group’s versatile knowledge of all product types and a regional perspective on sale trends allowed their client to maximize profits in minimal time
  • Provided Motorola with needed capital in a wave of downsizing due to selecting the right buyer on the first try
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Perkins Coie

2901 North Central Avenue, Suite 2000
Phoenix, AZ 85012

 

Size:  85,000 SF

Property:  Phoenix Plaza I

Lease Type:  Renewal/Expansion

Requirement
Efficient work space and quality corporate image throughout the next decade for one of the largest law firms in Arizona

Challenge
Uncertainty over whether to renew, relocate or purchase

Solution
After considerable financial and occupancy analysis, C2 determined the optimal solution was to renew with a four-phase refurbishment plan

Benefits

  • Impressive Cost Savings of 20%
  • Long Term Cost Control
  • Improved Efficiency 15%
  • Image consistent with the firm’s reputation
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Kutak Rock

8601 North Scottsdale Road, Suite 300
Scottsdale, AZ 85253

 

Size:  30,263 SF

Property:  Gainey Center I

Lease Type:  Renewal/Expansion

Total Dollar Value to Client:  $1,582,694

Clients benefit PSF:  $52.30/SF

We have successfully negotiated the Kutak Rock LLP Arizona Headquarters’ real estate costs for the next 10 years. Kutck Rock LLP had many high quality options available given today’s real estate market. Kutak Rock LLP selected The Coppola-Cheney Group to help align its real estate and business needs and find the right solution for the firm.

We have enabled Kutak Rock LLP to:

  • Substantially reduce its office rents
  • Receive a generous tenant improvement allowance to refurbish the space
  • Avoid a costly and cumbersome relocation
  • Focus on its core business while having peace of mind regarding real estate
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California Casualty

5651 W. Talavi Corporate Center
Glendale, AZ 85306

 

Size:  27,750 SF

Property:  Talavi Corporate Center

Lease Type:  Renewal

Challenge

  • Reducing rent prior to lease execution

Solution

  • Leverage market relocation alternatives to improve clients negotiation position

Results

  • Above market free rent concessions
  • Generous tenant improvement allowance
  • Below market rents locked in for long term
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Versant Capital Management

2394 East Camelback Road, Suites 100/130
Phoenix, AZ 85016

 

Size:  + 6,000 SF

Property:  Biltmore Financial Center

Lease Type:  Relocation

Requirement
+ 6,000 SF consolidation of high-end office

Challenge
Limited options in the Camelback Corridor

Solution
Work with existing Landlord and anchor tenant to wave the anchor tenant’s expansion rights on the subject space

Benefits

  • Retaining prime location at 24th and Camelback
  • Lowest Class A rate structure in recent years
  • Minimal down-time
  • Reduced moving costs
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Mercedes Benz of Scottsdale

4725 North Scottsdale Road
Scottsdale, AZ 85251

 

Size:  80,000 SF

Property:  Dealership, Showroom and Service Center

Transaction Type:  Purchase

Requirement
Relocate Arizona headquarters/dealership to premier location

Challenge
Confidentiality, navigating location restrictions and municipal hurdles

Solution
Partner with The Coppola-Cheney Group to purchase an office building and retrofit it into a Mercedes car dealership, showroom and service center

Benefits

  • Strategy derived from 3,500 transactions
  • Smooth transaction, start to finish
  • Increased exposure in the market
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JDA Software

14400 N. 87th Street
Scottsdale, AZ 85260

 

Size:  135,000 SF

Property:  Northsight Corporate Center

Lease Type:  World Headquarters

Requirement
New world headquarters location

Challenge
JDA needed to decide between a split operation and consolidating into one location

Solution
After considerable financial and occupancy analysis, C2 found the ideal location for a build-to-suit option. The Coppola-Cheney Group negotiated a lease with the option to purchase and JDA exercised the option at the optimal time, creating over $10 million in value

Benefits

  • Eliminated operational obsolescence
  • Immediate 23% reducation in existing lease rates
  • Corporate image and culture enhancement
  • Ability to grow over time
  • Substantial efficiency gains in layout
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