Consumer Cellular Dials Up 85,245 SF, 8-Year Back Office Lease in Tempe

PHOENIX - April 3, 2014 - PRLog -- Portland, OR-based Consumer Cellular leased 85,245 SF of back office space at Tempe Commerce Park, Bldg. F, 7410 S. Roosevelt St. in Tempe. The 8-year lease begins this spring and comprises the entire building footprint.

Lee & Associates Principal Rick Lee represented the Scottsdalebased ownership of Walton-EH Tempe Commerce JV VI, LLC (Everest Holdings). Mike Nye of Capacity Commercial of Portland, OR represented the tenant, Consumer Cellular.

Consumer Cellular is one of the largest no-contract cellular phone provider in the U.S. Its business model is geared to consumers who prefer a low cost, no commitment phone service. The company consistently ranks high in consumer surveys including a top company to work and most innovative along with accolades from Careerbuilder, Inc. Magazine and Ernst & Young.

The Class B, flex building offers 5:1,000 parking and is situated on the 6.5 AC back office/distribution Tempe Commerce Park. The property offers convenient access to the I-10 Freeway and is a short drive to Phoenix Sky Harbor International Airport.

For more information: Rick Lee, Principal; 602.954.3742, rlee@leearizona.com

About Everest Holdings:
Everest Holdings is a diversified real estate investment and advisory company focused on assets in the Southwestern US. Founded in 2002 and based in Scottsdale, AZ, Everest has acquired more than $300 million of commercial and residential assets. Everest’s investors and clients include some of the country’s largest and most sophisticated institutional and high net worth participants. Everest has earned a reputation for securing above-standard returns and creating uncommon value for its investors and advisory service clients. More info at: www.everestholdings.com

About Lee & Associates Arizona
Lee & Associates Arizona specializes in providing exceptional commercial brokerage services to the industrial, offi ce, land and investment sectors of the Phoenix commercial real estate market. The Phoenix offi ce was established in 1991 and is now recognized as one of the most successful brokerage fi rms in the state. Each of the 49 nationwide Lee & Associates offices has a strong local ownership combined with a powerful platform from the national Lee & Associates network.