Irgens breaks ground on 17 Three Hundred
Irgens broke ground on 17 Three Hundred at Perimeter Center, a two-story, Class A office building, located at 17300 N. Perimeter Drive in Scottsdale. The 47,322 SF building is scheduled for completion in October.
“This project is the second building within the Irgens Perimeter Center project,” said Jason Meszaros, senior vice president and managing regional director of Irgens. “The building is already attracting substantial tenant interest and we anticipate a fast lease-up.”
Irgens purchased an existing building and the acreage for this second structure in 2015. After leasing the first building, Irgens sold it to Wan Hai Lines in 2017. “We are now eager to get this second phase out of the ground and available to the market. The Perimeter Center is recognized for offering the highest quality of space and the availability of sizable floor plates has diminished. Pent-up demand in the area is ready for some inventory to lease,” Meszaros said.
“The Scottsdale Airpark submarket finished 2018 with a vacancy rate below 10 percent,” Meszaros said. “New construction in the area remains extremely limited and our project is poised to offer the Class A space for which this area of Scottsdale is recognized. The medical industry continues expanding in this area, looking to serve the increasing population moving to North Scottsdale. Traditional office users also will be attracted to this property because of its finishes and convenience.”
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