(Disclosure: Rose Law Group represents Mattamy Homes.)
By Rose Law Group Reporter
PHOENIX, Arizona, July 27, 2021 – A new lease directed by the Phoenix office of JLL has extended the lease for Mattamy Homes at The Corporate at Pima Center through 2029. It also ushers in a first-floor consolidation and Phoenix headquarters update for Mattamy, the largest privately owned homebuilder in North America.
“Phoenix is a vibrant and exciting market, and one that we are committed to being in for a long time. In keeping with that commitment, we’re firming up and adding to our office space at Pima Center,” said Mattamy Phoenix Division President Don Barrineau. “Our current team is quite talented and experienced, and now we’re going to add more folks who will enjoy an unexpected and exhilarating career ride. Based on our recent, significant land buys, we expect explosive growth at Mattamy Phoenix the next 5-plus years.”
Under the new lease, Mattamy will expand its Phoenix office footprint to 15,904 square feet on the first floor of Class A The Corporate at Pima Center, located at 9200 E. Pima Center Parkway in Scottsdale, fronting the Loop 101 freeway just south of Pima Road. It will also update its Phoenix headquarters with contemporary creative office amenities and an on-site design studio.
JLL Managing Director John Pierson, Senior Vice President Trevor Pratt and Associate Lauren Lovell represented Mattamy in the lease expansion. JLL Managing Director John Bonnell, Executive Vice President Brett Abramson, Senior Vice President Chris Latvaaho and Associate Chris Beall represented the building owner, City Office REIT.
“Phoenix consistently ranks among the nation’s hottest markets for new home construction and value appreciation,” said Pierson. “Mattamy’s new office configuration will help them to capitalize on and serve that growth with a very efficient and modern work environment for its employees and a beautiful, centralized design showroom where its customers can enjoy their homebuying and home design experience. It is a great testament to Mattamy’s success and their customer-first philosophy.”
Designed to accommodate Mattamy’s growing Phoenix division, the new headquarters will consolidate team members from two separate suites into a single, first-floor location. The combined space will allow for better collaboration with large group, breakout and individual work areas focused on embracing the company’s strong culture of inclusion and teamwork.
The building sits along the Loop 101 freeway, accessible to more than 1.4 million people over 25 years old within a 30-minute commute and with 39 hotels and almost 12,400 multifamily units within five miles, and more than 4.1 million square feet of retail amenities within three miles. It is minutes from Sky Harbor International Airport, downtown Tempe and downtown Scottsdale. Tenants are served by newly renovated lobby and common areas, and generous covered parking, with a 5/1,000 parking ratio.
Construction on the new Mattamy office space is in final planning stages, with completion and move-in scheduled for Fall 2021. Phoenix-based McCarthy Nordburg is the project architect. The property is managed by JLL’s property management group, on behalf of the landlord.
