New Experiential Office Buildings Like CASA Continue to Lease

While a COVID-stricken economy has halted many large metro Phoenix leases, mid-size deals continue to make a significant impact at experiential projects like CASA, George Oliver’s Class A creative office redevelopment in Phoenix’s popular Uptown neighborhood.

In the span of a few months, the 181,000-square-foot development has signed more than 20,000 square feet in new office leases and is in the process of delivering its next phase of move-in-ready speculative office suites, with two of those suites pre-leased prior to completion. Together the activity brings CASA, which delivered in December, to 75 percent leased.

Companies moving to CASA come from a wide range of submarkets, indicating that the building’s new tenants are breaking down local barriers and looking outside of traditional or preferred geographical locations to find this unique type of product.