Redflex Traffic Systems Inc. will expand its space with the lease of 76,625 square feet of office space at Pinnacle Peak Commerce Center in Phoenix.
Redflex provides digital red light and speed enforcement services with photo speed programs in nine states and photo red light programs across 20 states.
Brad Anderson and Bryan Taute of CB Richard Ellis' Phoenix office represented the tenant in negotiating the seven-year lease. The landlord, Orsett Properties of Phoenix, was represented by Tim Whittemore of Cushman & Wakefield in Phoenix.
The company is planning to move from its current location in North Scottsdale in September, according to CBRE.
Pinnacle Peak Commerce Center is located on the northeast corner of Pinnacle Peak Road and 23rd Avenue. Financial terms of the transaction were not disclosed.