Park Central Welcomes Cyber-Security Firm Avertium

PHOENIX (January 24, 2022) – A leading cyber-security firm is the latest cutting-edge company to locate at Park Central. 

Avertium, a cyber-security solutions company serving more than 1,200 mid-market and enterprise-level organizations across 15 industries, has signed a new lease for a 17,000-square-foot regional office at Park Central. The company will occupy a spec suite that had previously been built out at the project. Avertium was recently recognized as the #1 cybersecurity firm in the Valley. 

Jeff Schmidt, CEO with Avertium, said the new Park Central location will help the company expand its footprint in the fast-growing tech sector. 

“This new location aligns with the energy that our company thrives on,” said Schmidt. “This work environment gives our employees the quality of life they need to make our customers’ world a safer place.”

Sharon Harper, Chairman and CEO of Plaza Companies, one of the co-developers of Park Central, said the new leases show continued momentum for growth and expansion at Park Central. 

“We are very pleased to welcome Avertium to the Park Central family,” Harper said. “Avertium is an industry leader in a fast-growing segment of the technology sector and will benefit greatly from the synergies provided by Park Central.”

Plaza Companies and Tucson’s Holualoa Companies have teamed up to redevelop Park Central into a vibrant destination, which once was the city’s first official large-scale shopping mall. The companies have transitioned the expansive space from a retail center to an almost 500,000-square-foot bustling community hub ideal for playing, working, congregating and celebrating the arts. 

The new lease continues a series of landmarks at Park Central. In September, the new Creighton University Health Sciences Building opened to students, and construction recently began on two new restaurants facing Central Avenue. Additionally, the Aspire apartment community at Park Central is nearing completion as well. 

Stan Shafer, Chief Operating Officer for Holualoa Companies, said the activity on site is helping further the vision for Park Central as a hub for business, education and community. 

“It is gratifying to continue to see Park Central grow and evolve over time and welcome new, innovative companies and organizations to the project,” he said. “The mixture of activities and uses at Park Central is creating a great deal of energy and momentum that is having a positive impact on the entire central Phoenix area.”

The new Park Central includes 450,000 square feet of Class A low-rise creative office space available for lease with the ability to accommodate tenants ranging from 3,500 square feet to more than 100,000 square feet in size. It features exclusive tenant patios, on-site restaurants and amenities, a stunning mid-century modern design, 15-25 foot ceilings, extensive bike paths and light rail access and ample parking. For more information on the project, visit www.parkcentralphoenix.com.

For office leasing, tenants and brokers can reach out to Andrew Cheney with Lee & Associates (602.954.3769) or Bill Cook with Plaza Companies (623.344.4526).  For Retail leasing contacts are Brent Mallonee with Cushman and Wakefield (602.224.4437) or Margaret Lloyd with Plaza Companies (623.344.4558).

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