Vero Capital is set to rebrand and redevelop the two-building office campus, Kierland I & II, located in Scottsdale. The property will be renamed Inisio at Kierland and undergo a $29 million capital program. The project is expected to be completed in Q3 of 2024. Vero acquired the buildings for just over $100 million through separate transactions.
The renovation plans include creating modern workspaces that are easily accessible, as well as a training center and shared conference rooms. Additionally, there will be flexible huddle rooms, focus booths, a working library,and even a billiards break room for employees to enjoy during their breaks. To promote employee wellness,the property will also feature state-of-the-art amenities such as thermal saunas,a 6,000-square-foot wellness center with flex spaces,recovery areas,massage therapy services,and private showers with spa-like features.There will also be outdoor fitness facilities including pickleball courts.
Leading the leasing efforts at Inisio is John Bonnell from Stream Real Estate Services.The post on Connect CRE highlights Vero’s plan to invest $29 million into revamping this prime office space in Scottsdale without mentioning any specific company names or locations.
