German conglomerate Henkel AG wants to sell its headquarters building in Scottsdale.
The 368,000-square-foot, Class A office and research and development space was headquarters to Henkel’s consumer products arm and Dial Corp. The property is at 7201 E. Henkel Way near the intersection of Scottsdale Road and Loop 101. The well-known building was designed by Phoenix-based architect Will Bruder. It was built in 2008.
Henkel bought Dial in 2004. The German firm is moving its U.S. consumer products headquarters to Stamford, Connecticut, after buying Sun Products Corp. That move impacts 375 Arizona jobs.
Henkel picked Jim Fijan and Will Mast of CBRE Group Inc. (NYSE: CBG) to list and market its Scottsdale building.
The brokers say the space can also be used for medical, biotechnology, data center, education uses as well as for offices and R&D.
There isn’t a listing price for the Class A property, according to CBRE. The U.S. Green Building Council Leadership in Energy and Environmental Design-certified building includes 262,000 square feet of office space and 106,000 square feet of R&D space. It also has 1,000-space parking garage, a cafetorium (cafeteria and auditorium), 82-foot atrium, breathable membrane sky light and fritted glass facade.
The Henkel space also has a third-floor roof garden.
“The property presents itself as a rare investment for its sustainable design, unique amenities and prime location at the epicenter of the amenity-rich area of North Scottsdale,” Fijan said. “It is truly a unique live-work-play environment, which continues to entice the millennial workforce.”
The area is home to some big corporate and health care names, including Fender Musical Instruments Corp., Mayo Clinic and Axon Enterprise Inc. (Nasdaq: AAXN).
“Dial is a historic brand with long-standing roots in the Valley, and its tremendous impact on greater Phoenix will not be forgotten,” said Fijan. “We are looking forward to finding a suitable buyer for this iconic property that will forever carry a piece of history along with it.”
This content originally appeared in the Phoenix Business Journal.