by Dan Peoples | Feb 06, 2013
February 5, 2013

NEWS FROM: Parallel Capital Partners, Inc. 

FOR INFORMATION: Matt Root, Parallel Capital Partners, 858-882-9506
Jim Ingebritsen, Parallel Capital Partners, 858-882-9504
Dan Peoples, Peoples & Company, 858-552-1456

Parallel Capital Partners Renews Business Journal Publications at US Bank Center

San Diego, Calif.  Parallel Capital Partners, Inc. has announced that Business Journal Publications, Inc. has signed a lease for 7,673 square feet at the US Bank Center in Phoenix, Arizona. The lease term is for 72 months.

Built in 1976 and renovated between 2001 and 2005, the US Bank Center comprises 31 stories of offices and above-ground garage parking and is the second-tallest building in Arizona.

The Business Journal is the premier media solutions platform for companies strategically targeting business decision makers. Business Journal delivers a total business audience of over 10 million people via their 42 websites, 61 publications and over 700 annual industry leading events.

Business Journal Publications was represented by Cresa Phoenix and Parallel Capital Partners represented itself.

Parallel Capital Partners, Inc. ( is a private, fully-integrated real estate investment and operating company focused on acquiring value-added and core plus opportunities for our own account in the western United States and Hawaii.