North Loop 101 Business Center
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North Loop 101 Business Center consists of one Class A two-story office building (88,514 sf), and three Class A single-story R&D buildings (totaling 169,497 sf). Developed in 2007 (Class A Office) and 2001 (Class A R&D), the institutional quality project is well located in the North Phoenix submarket between Deer Valley and Scottsdale, fronting the Loop 101 Freeway on a full diamond interchange in close proximity to the SR51 and I-17 connections. The Property’s strong infill location with excellent regional access via the freeway system allows tenants to draw from key labor pools in North Phoenix (both east and the west) and to some extent throughout the entire Valley. Tenants are drawn to the project’s accessible location, visibility/signage along Loop 101, high quality improvements, corporate presence, and sufficient parking (5:1,000 rsf). The project is currently 86% leased to a diverse mix of high quality credit tenants, including L-3 Communications.
Regent acquired North Loop 101 Business Center in September 2015, and is in the process of completing cosmetic improvements to the façade, parking lots and common areas. In addition, Regent is aggressively marketing the vacant space for lease.