CHRYSLER LEASES 16,212 SF AT PARADISE VILLAGE OFFICE PARK

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PHOENIX – Chrysler Group LLC has signed a 16,212-square-foot lease at Phoenix's Paradise Village Office Park. The automaker is opening a new administrative office at the 268,598-square-foot, Class A building. It plans to occupy the space this October. Jerry Noble, Pat Devine and Greg Mayer of CBRE’s Phoenix office represented the building’s owners, Sterling American Property and Lincoln Property Company, in the six-year lease negotiation. Chrysler was represented by Dev Gupta of UGL Equis Corporation in Phoenix. Financial terms of the lease were not disclosed.

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