Colliers International Completes 5-Year Lease of Global Business Travel and Events Firm

NEWS RELEASE

PHOENIX (December 4, 2013) – Colliers International in Greater Phoenix recently completed the 5-year lease of Carlson Wagonlit Travel, a Paris-based business travel and meetings and events company.

Carlson Wagonlit Travel selected Desert Canyon 100, located at 2401 W. Peoria Ave. in Phoenix, for its large, flexible floor plans and proximity to employees’ residences. The company, which has a presence in 150 countries and territories, is leasing 25,815 square feet.

Constructed in 1999, Desert Canyon 100 is a three-story, Class A building located near Interstate 17, allowing quick access to downtown Phoenix and Phoenix Sky Harbor International Airport.

Keith Lambeth, senior vice president at Colliers International, and Ryan Timpani, senior associate at Colliers International, served as brokers for the landlord, St. Paul Fire and Marine Insurance Company of St. Paul, Minn.

Richard Collins with CD Commercial Advisors of Phoenix and Stephen Pisarik with Studley of Irvine, Calif., served as brokers for Carlson Wagonlit Travel.

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December 4, 2013

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