Avison Young Signs Expansion Lease, Plans Growth

Avison Young’s Phoenix office signed a lease for expansion, inking a six-year, 12,000-square-foot deal at the 203,290-square-foot Camelback Lakes Corporate Center. The commercial real estate brokerage company inked the deal for the space at 2720 E. Camelback Rd. with DRA Advisors and Mainstreet Capital Partners, and will relocate its 50 Phoenix-based employees in June 2020.

The new space will allow Avison Young to employ up to 80, while also providing the company with monument and building signage, large meeting rooms and collaborative areas and other common area amenities. “Phoenix is a robust market, and our growth has resulted in our investment in 12 new employees in 2019. We have maxed out of our current space,” said Avison Young’s David Genovese. “We wanted a modern, flexible and collaborative environment for our growing team, as well as better exposure to the market along the Camelback corridor.”

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