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Handwrytten acquires new Tempe headquarters

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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. 

About Colliers
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.


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Michael Marsh

Associate Vice President

Phoenix

As an associate vice president with Colliers, Michael Marsh specializes in the sale and leasing of office and flex properties, representing landlords/owners, owner/users, buyers, tenants, investors and fiduciaries. His areas of expertise include corporate advisory, tenant representation, investments, sale/leasebacks, build-to-suits, and distressed or turnaround situations.

Michael is a member of the top-producing team of Todd Noel, senior executive vice president; Kyle Campbell, vice president; Matt Baniszewski, senior associate; and Tara Dannenberg, senior client services specialist. The team specializes in office and educational properties, leveraging extensive knowledge of the market to assist clients in achieving their real estate and business objectives.

Working closely with clients as part of their executive team, Michael strives to understand their long-term requirements and goals, or help clients establish those, in order to minimize short- and long-term risk. HIs legal and operational background enables him to ask the critical questions and dig deep into each client's operations to craft uniquely tailored opportunities that maximize value.

Michael provides in-depth market analysis, detailed financial reports and comprehensive strategies to position properties in the marketplace. Through an integrated platform of services, he ensures clients are able to make profitable and informed real estate decisions throughout property ownership, sales, acquisition and leasing.

With in-depth experience and hundreds of successful engagements, Michael expertly guides clients through challenging situations to reach successful conclusions. He breaks down complex terms, specifications and requirements into easy-to-understand and measurable decision points. Michael prides himself on being a trusted and ethical partner to clients and colleagues, providing thoughtful, knowledgeable and creative solutions.

Prior to joining Colliers, Michael served as an associate with Lee & Associates, representing landlords and tenants in the leasing, sale and acquisition of commercial space. Working on behalf of tenants, he identified locations and spaces that met their requirements for current and future growth. Michael developed strategic leasing, acquisition and sales strategies to optimize the value of his clients’ real estate assets.

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Michael Milic

Vice President

Phoenix

As a vice president with Colliers and licensed associate broker, Michael Milic specializes in the sale of office and industrial investment properties with values from $2 million to $15 million. Mike represents investors, landlords and owners, as well as tenants on an exclusive basis.

His extensive background includes more than 30 years of office and industrial real estate experience, in addition to 12 years of ownership and construction management experience.

Mike joined Colliers in Arizona in 2002, having previously been with the Colliers office in Montreal, Canada, from 1990 to 1993.

When Mike moved to Phoenix in 1996, he was with CORE/Jackson & CORE Realty Partners–ONCOR International from 1996 to 2002. He served as vice president of office and industrial, partner, ONCOR manager, and designated broker.

Prior to moving to Phoenix, Mike opened his own brokerage firm in Montreal, serving as president and designated broker with Previa Investments, Inc., from 1993 to 1996. He was with Colliers in Montreal from 1990 to 1993, before opening his brokerage firm.

From 1980 to 1990, Mike served as vice president of operations for a construction firm that built buildings across the United States. During his tenure, he was responsible for the oversight of all of the company's construction projects, with values ranging from $5 million to $10 million.

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