Cavasson Attracts Major Tech Tenant

by Mike Hunter

Cavasson, Nationwide Realty Investors’ 134-acre premiere mixed-used project now under development at Loop 101 and Hayden Road in Scottsdale, will include tree-lined sidewalks, bike paths and green spaces, with ample parking in an adjacent six-story parking structure.

Hospitality franchisor Choice Hotels International, Inc., one of the world’s largest hotel franchisors, will relocate its technology headquarters to anchor a 150,000-square-foot, five-story building in the project. Fred Darche and Spencer Nast of Lee & Associates represented Nationwide Realty Investors in the real estate transaction. Construction on the building is slated to begin this year, with anticipated completion in late 2021.

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