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City of Peoria Press Release

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Office Park Tagged as ‘Talk of the Town’

Professional Association Honors Commercial Real Estate Project in Peoria


PEORIA, Ariz. (March 20, 2007) – A professional association for commercial real estate has selected a Peoria development for its annual Talk of the Town award.

The Arizona chapter of the National Association of Industrial and Office Properties honored the Thunderbird Office Park @ 101, on 83rd Avenue north of Thunderbird Road, for being one of the most talked about developments in the Valley. That makes 2007 the fourth straight year a project in Peoria has been honored for design or architecture.

“This is a big deal in the real estate world,” said Steve Prokopek, the city’s economic development director. “It means it was the most discussed, in a positive way, among brokers and developers this year.”

Thunderbird Office Park @ 101 comprises two structures. Building A fronts 83rd Avenue and is designed for small users. Building B backs up to Loop 101 and offers large corporate or institutional users visibility from the freeway. Western International University is the anchor tenant, joined by Countrywide Home Loans. Each two-story building contains 75,000 square feet of space.

The project was developed by Helmholdt Real Estate of Paradise Valley and McShane Cos. of Rosemont, Ill.; designed by Patrick Hayes Architecture of Scottsdale; and built by McShane Construction Corp., a subsidiary of McShane Cos.

“We are thrilled to receive the award this year,” said Shana Helmholdt, one of the principals of Helmholdt Real Estate. “It puts a cap on a project that was a wonderful team effort among construction brokers, leasing consultants, the general contractor and the city of Peoria. The project certainly has experienced a lot of success, as evidenced by the WIU sign visible from Loop 101.”

Other award-winning projects in Peoria since 2004 are Cibola Vista Resort and Spa, Vistancia, two fire stations and the city’s Public Safety Administration Building.


Contact: Steve Prokopek, 623-773-7738 or steve.prokopek@peoriaaz.gov