Michael Achtman with Orion Investment Real Estate represented Chapter in the lease, and CBRE Group Inc.’s Corey Hawley and Bryan Taute represented the building owner.

According to CBRE research, office vacancy in the Valley increased to 20.1% in the third quarter. For office leases totaling at least 20,000 square feet, there are 55 active deals in the market and 11 that have been sidelined.

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