Morgan Stanley to expand its footprint in Gilbert with new office lease
December 17, 2021Article originally published in Phoenix Business Journal | Brandon Brown
Leading financial firm Morgan Stanley is expanding its footprint in the Valley after signing a new office lease in Gilbert.
The Fortune 100 global financial services firm has signed a second lease at Rivulon, the large master-planned mixed-use project located at Gilbert Road and the Loop 202.
Morgan Stanley already leases 20,000 square feet of office space in Rivulon’s 111 E. Rivulon Blvd. building. The new lease will be for 50,000 square feet of office space in The Commons at Rivulon development. The Commons at Rivulon is a multibuilding office complex.
“It is a testament to our community that Morgan Stanley is continuing to invest in and expand its footprint in Gilbert,” said Gilbert Mayor, Brigette Peterson, in a statement. “The Fortune 100 company’s expansion at Rivulon will create even more high-wage jobs, making Morgan Stanley one of the largest private employers in Gilbert. This will not only benefit those in Gilbert, but all of the Phoenix-metro area.”
