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Phoenix & Southwest  + Phoenix  + Healthcare  | 
850 PBC

Wexford Taps C&W for Leasing of 850 PBC

Cushman & Wakefield has been engaged by Wexford Science & Technology LLC to provide leasing services for its recently constructed life science and biolab facility, 850 PBC (Phoenix Biomedical Campus), in downtown Phoenix. Designed for LEED Gold certification, 850 PBC is a 227,113-square-foot seven-story class-A building located at 850 N. Fifth St. within the larger 30-acre Phoenix Biomedical Campus.

Completed in late 2020, the building is 65 percent leased to multiple tenants and anchor Arizona State University (ASU) that occupies part of the first and all the second, third and fourth floors. The entire fifth floor of the building will also feature the only market-ready lab/incubator space known as Wexford Innovation Labs, being leased up by Wexford.

The Cushman leasing team is led by Alexandra Loye with Scott Boardman and Kristina Cutillo. Cushman also provides facility management for Wexford’s locally and national portfolio.

“850 PBC is a premier innovative project like no other in the region, offering a rare opportunity for both small and large life science tenants to cultivate new relationships, collaborate and thrive,” says Loye. “Already with a strong foundation in diagnostics and medical device, Phoenix is an emerging hub for life science and biotech, and for myriad factors, remains prime for continued growth.”

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Alexandra Loy

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

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