Nexus @ ASU Research Park 8600 S Science Dr

Newmark, as exclusive advisor, is pleased to present the opportunity to acquire the leasehold interest in Nexus @ ASU Research Park, a Class A, ±123,864 square foot, 100% leased corporate office property in Tempe, Arizona (the “Property”). The Property is fully leased to the investment grade, Fortune #2, ±$1.8 trillion market cap, Amazon.com, Inc. (NASDAQ: AMZN; S&P: AA- LT & A-1+ ST ; Moody’s A2). The lease is guaranteed by the parent company.
Built in three phases, in 1985, 1987 & 1995, and fully repositioned from 2015-2020, with ongoing improvements today. Amazon has enjoyed
occupancy at the Property since 2015 and recently renewed their lease commitment for a 5-year firm term. Amazon utilizes Nexus @
ASU Research Park as its North American Network Operations Center supporting Amazon’s transportation operations. This one-of-a-kind operations center services the entire United States. Since 2015, property ownership and Amazon have infused more than $16 million (±$130 PSF) of capital improvements into the interior, exterior, and building infrastructure. Amazon continues to invest capital into their space with an ongoing improvement project in the 8600 S. Science portion of the Property which will update the FF&E, flooring, and paint, among other aesthetic improvements. This significant capital investment in the Property, recently renewed lease, physical occupancy, and the fact that Amazon has never vacated a direct leased or owned asset across Metro Phoenix, signifies a high likelihood of continued operation and success at Nexus @ ASU Research Park