Overview
Bryce Terveen specializes in providing comprehensive office market solutions, primarily within the Phoenix metropolitan area. With over 75+ years of combined market experience, the team has completed over 3,750 transactions (for more than 50 million square feet, with an aggregate value exceeding $10 billion).
Services Offered: Investor Leasing, Occupier Services, Investment Sales, Land Development and Build-to-Suit Transactions
The team's goal is to provide expert, "value-added" service, while maintaining the highest standards of integrity and professionalism. Their dedication and experience have resulted in many long-term relationships with their clients and have earned them countless awards and recognition both locally and nationally with CBRE.
Our Team
Bryce Terveen
Senior Vice President
Tenant Representation
Advisory & Transaction Services, Office
2019 Statistics
Deals Completed
111
Total Transactions
Volume
1.8M+
Square Feet Leased/Sold
Value Add
$1.98B+
Total Consideration
Experience
75+
Years
Transaction History
420
Transactions
$1.98B
Total Consideration
9.3M
Total SF
Available Properties
View our listings to find your next investment or leasing opportunity.
Featured Properties
The Esplanade
Located in the heart of Phoenix's desirable Biltmore neighborhood, enjoy access to world-class shopping, dining, resorts, golf, and more, including a dedicated pedestrian tunnel directly connecting The Esplanade with the upscale Biltmore Fashion Park.
The Watermark
The Watermark is Tempe's newest premier mixed-use development located on the north bank of Tempe's Town Lake. Watermark contains over 1.9M SF of thoughtful and sustainable development, including 600,000 SF of Class A office space (260,000 SF Phase I & 340,000 SF Phase II).
Scottsdale Quarter
Scottsdale Quarter is a 1.2 million sq. ft. lifestyle center offering a premier work environment where luxury meets efficiency, in an ideal location in the heart of upscale Scottsdale. This premier mixed-use project offers office, retail, residential and hotel space.
Success Stories
Liberty Center at Rio SaladoTempe, AZ
80-Acre Development Site
The project is an approximate 80-acre development site our team leased for the developer, a publicly traded REIT. We advised the client to move forward on a speculative basis on many of the buildings in the park. The original development timeline was a 10-year buildout, but we completed the lease-up in approximately 3 years. Total project size is 775,000 SF of office, including 2 build-to-suits and 2 corporate headquarters.
Missouri FallsPhoenix, AZ
190,419 SF Office Building
We assisted our client with the purchase of Missouri Falls through a court-appointed receivership sale. The building is located in an explosive growth area, but was neglected and needed upgrades, and was essentially vacant at the time. We advised ownership and their capital partner to build 50K SF of initial spec suites which were very successful, and lead to another 50K SF of spec suites being built. During lease-up, we drove rents from $19/SF to $26.50/SF, and after achieving 87% occupancy, we sold the building for $217/SF.
Canyon VillageScottsdale, AZ
100,000 SF Mixed-Use Class A Development
This project had a 70% vacancy rate at listing inception. We advised ownership to execute a spec suite program to key in on the right users for that market, and they built out suites from 1,000-3,000 SF. Combining aggressive leasing and strategic economic structuring, we leased the project to 90% in just 18 months.
Related Industries & Specialties
The Advisory & Transaction Services team provides real estate investors with proven, bespoke marketing and leasing strategies that deliver exceptional outcomes aligned with clients’ investment objectives.
Delivering unmatched strategy, innovation and execution to drive advantage for all occupiers
CBRE is the global leader in Office Services, with the most comprehensive advisory and transaction services platform and more professionals specializing in the office sector than any other firm.
Download Team Brochure
Our team is driven by exceptional integrity and loyalty to our clients, and specializes in providing comprehensive Advisory & Transaction services for institutional owners, REITS and private capital who own office properties across metro Phoenix.
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Press Releases
Tech Industry Remains Biggest Force in Office-Leasing Activity Despite Pandemic-Induced Slowdown
October 29, 2020
Phoenix ranks in CBRE’s annual Tech-30 report due to robust tech-job growth, office-rent gains, and strong office demand.
October 29, 2020
Offices
Phoenix
2575 East Camelback RoadSuite 500
Phoenix, AZ 85016