Project expected to total nearly 2,000 square feet
PHOENIX, ARIZ. – Evergreen Devco, Inc., a leading retail and multifamily development company, announced today that it has negotiated a build-to-suit lease agreement for a single-tenant retail building that will house a Black Rock Coffee Bar on the southeast corner of 35th Avenue and Greenway Road in north Phoenix.
The future 1,887-square-foot development will be the first location in the city of Phoenix for the Portland-based Black Rock Coffee chain that has 60 shops in five states, including four in Arizona.
Max Bippus of CBRE represented the landlord, Evergreen-35th & Greenway, L.L.C., and Tyson Switzenberg of JLL represented the Tenant, Black Rock Store Operations, LLC.
Construction is expected to start in July with an occupancy date of early 2020.
About Evergreen Devco, Inc.
Founded in 1974, Evergreen specializes in retail and multifamily development, tenant roll outs, project and construction management, property management, asset management, sustainable building and solving financing issues for various retailers and franchises. Working throughout the nation, Evergreen has earned a reputation as an industry leader by delivering high-quality real estate developments and services reliably, efficiently and cost effectively. The company has over 50 employees with offices in Arizona, California, Colorado and Utah. Evergreen is currently engaged in the development of more than 60 retail and apartment projects and has completed more than 500 projects. www.evgre.com.