Diablo 2900 South Diablo Way, Tempe, AZ Freehold 1980 - 1998 20 December 2021 US$61.8 million (US$174 psf) 3.3 years 7 Land Tenure Building Completion Acquisition Date Purchase Price WALE by NLA No. of Tenants Top Three Tenants by GRI (%) 27.8 Smart Embedded Computing 21.2 Alchera Incorporated 19.9 Semiconductor Components Industries Diablo is a five-building collaborative office campus in Tempe, Phoenix that caters to the expanding creative, technology, education and healthcare tenants in the broader Phoenix market. The property features large, flexible floorplates, an on-site café and fitness centre, indoor and outdoor amenity areas, ample parking, and excellent visibility and frontage along the I-10 freeway. Lease Expiry Profile by NLA (%) Gross Revenue (US$ million) NPI (US$ million) 8.0 3.5 9.3 2023 2024 2025 5.5 6.8 1.1 2023 2024 2025 0.0 27.2 18.6 15.9 19.7 18.6 2026 2028 2029 2030 2031 & Beyond 2027 Occupancy 37.8 % Valuation US$44.9 m NLA 355,385 SQ FT / 29 / MANULIFE US REIT
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