Growing software company buys Kyrene Corporate Center
PHOENIX – Kyrene Corporate Center, a 32,000-square-foot office property at 9280 S. Kyrene Road in Tempe, Arizona. The project was purchased to serve as the new headquarters of Handwrytten Software Co., a company that provides software and hardware to mimic human handwriting for use in marketing materials.
“Handwrytten needed a new home that would accommodate the company’s long-term growth,” says Michael Marsh with Colliers in Arizona. “I worked with this buyer for several years, developing and redefining long-term growth strategy and real estate plans. This property’s excellent location near Interstate 10 and existing cashflow made it an ideal choice.”
Marsh represented the buyer in the transaction. Michael Milic of Colliers in Arizona represented the seller.
Kyrene Corporate Center was constructed in 1998 and features 31,962 square feet of office space in a single-level building. The structure is situated on a 2.62-acre site. Located just ¾ mile east of Interstate 10, Kyrene Corporate Center is 10 minutes from Sky Harbor International Airport. The property benefits from proximity to nearby Arizona Grand Hotel, Arizona Mills Regional Mall, Ahwatukee Foothills Town Center and ASU Research park, as well as numerous golf courses, restaurants and entertainment venues.
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 65 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues to $3.6 billion ($4.0 billion including affiliates) and $46 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
Colliers in Arizona has served clients locally and globally for more than 40 years.