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“Keyser is a trusted partner and made the near impossible happen from a complexity, timing and cost perspective. I trust them implicitly.”
Jack Sinclair CEO, Sprouts Farmers Market
Project Type
Corporate
Headquarters
Relocation
Location
North Scottsdale,
Arizona
Employees
Designed to accommodate
1,000+
Timeline
Expansion or Contraction
Flexibility
OVERVIEW
As Sprouts Farmers Market continued its growth, the company recognized the opportunity to create a new corporate headquarters that would better support its long-term business objectives, strengthen talent attraction and retention, and reflect its evolving brand and culture.
Sprouts partnered with Keyser to identify and secure the ideal headquarters location in North Scottsdale, Arizona. The assignment required far more than finding available real estate. It demanded a comprehensive market strategy capable of uncovering opportunities beyond publicly listed inventory while aligning location, development, timing, and cost with the company’s long-term vision.
Through a proactive site selection process, strategic negotiations, and comprehensive project management, Keyser successfully delivered a customized build-to-suit headquarters that positions Sprouts for continued growth in one of Arizona’s premier corporate corridors.
OVERVIEW
As Sprouts Farmers Market continued its growth, the company recognized the opportunity to create a new corporate headquarters that would better support its long-term business objectives, strengthen talent attraction and retention, and reflect its evolving brand and culture.
Sprouts partnered with Keyser to identify and secure the ideal headquarters location in North Scottsdale, Arizona. The assignment required far more than finding available real estate. It demanded a comprehensive market strategy capable of uncovering opportunities beyond publicly listed inventory while aligning location, development, timing, and cost with the company’s long-term vision.
Through a proactive site selection process, strategic negotiations, and comprehensive project management, Keyser successfully delivered a customized build-to-suit headquarters that positions Sprouts for continued growth in one of Arizona’s premier corporate corridors.
The Challenge
Relocating a corporate headquarters requires balancing operational, financial, and strategic priorities while maintaining business continuity throughout the process.
For Sprouts, the project presented several unique challenges:
Identify a premier headquarters location within the highly competitive North Scottsdale submarket
Navigate limited availability of large-scale, high-quality sites capable of supporting a corporate headquarters
Develop a build-to-suit solution aligned with Sprouts’ operational requirements, culture, and long-term vision
Position the company within North Scottsdale’s growing concentration of prominent corporate headquarters
Identify opportunities beyond traditional listed inventory
Coordinate multiple stakeholders while maintaining project schedule, budget, and strategic objectives
The Challenge
Relocating a corporate headquarters requires balancing operational, financial, and strategic priorities while maintaining business continuity throughout the process.
For Sprouts, the project presented several unique challenges:
Identify a premier headquarters location within the highly competitive North Scottsdale submarket
Navigate limited availability of large-scale, high-quality sites capable of supporting a corporate headquarters
Develop a build-to-suit solution aligned with Sprouts’ operational requirements, culture, and long-term vision
Position the company within North Scottsdale’s growing concentration of prominent corporate headquarters
Identify opportunities beyond traditional listed inventory
Coordinate multiple stakeholders while maintaining project schedule, budget, and strategic objectives
Keyser’s Strategy
Rather than limiting the search to publicly marketed properties, Keyser implemented a proactive, market-wide strategy designed to identify every viable opportunity within the target area.
The team conducted a parcel-by-parcel evaluation throughout North Scottsdale, engaging directly with property owners to uncover both on-market and off-market opportunities. By expanding the search beyond conventional listings and evaluating multiple development scenarios, Keyser created competition and significantly expanded Sprouts’ available options.
After identifying the optimal location, Keyser structured a customized build-to-suit solution tailored to Sprouts’ long-term operational needs while leading negotiations and coordinating the many stakeholders involved throughout the transaction, development, and implementation process.
Key initiatives included:
Comprehensive parcel-by-parcel market analysis
Engaging with property owners to uncover additional development sites
Identifying both listed and off-market opportunities
Evaluating multiple site selection and development scenarios
Creating competitive leverage throughout negotiations
Structuring a customized build-to-suit solution
THE RESULTS
Keyser successfully relocated Sprouts Farmers Market’s corporate headquarters to a premier North Scottsdale location designed to support the company’s future growth and operational objectives.
The customized headquarters provides a workplace that aligns with Sprouts’ culture, enhances employee experience, and positions the organization within one of Arizona’s most desirable corporate environments.
By expanding the search beyond traditional market opportunities and maintaining alignment throughout every phase of the project, Keyser delivered a solution that maximized flexibility, strengthened negotiating leverage, and achieved an exceptional business outcome.
Project highlights include:
Successfully relocated Sprouts’ corporate headquarters to North Scottsdale
Delivered a customized build-to-suit headquarters aligned with the company’s long-term vision
Secured a highly visible location within one of the region’s premier corporate corridors
Expanded available opportunities through an exhaustive market search
Created competitive leverage that strengthened the overall transaction
Managed the project from strategic planning through implementation
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Client Testimonial
From day one, Jeff has been responsive, professional, and supportive. No matter how many questions we had, or how detailed some of our requests may have seemed, he never once hesitated. Every question has been answered thoroughly, every concern addressed, and every request handled with a positive attitude.
Chelsie McLaughlin
Director of Corporate Communication, Sprouts Farmers Market
Delivering Commercial Real Estate That Supports Business Strategy
A successful headquarters project requires more than finding available space. It requires aligning location strategy, workplace design, financial objectives, project execution, and long-term business goals into a single, cohesive solution.
By combining strategic site selection, transaction management, project management, and build-to-suit expertise, Keyser helped Sprouts Farmers Market create a headquarters designed to support its continued growth while positioning the company for long-term success.
Delivering Commercial Real Estate That Supports Business Strategy
A successful headquarters project requires more than finding available space. It requires aligning location strategy, workplace design, financial objectives, project execution, and long-term business goals into a single, cohesive solution.
By combining strategic site selection, transaction management, project management, and build-to-suit expertise, Keyser helped Sprouts Farmers Market create a headquarters designed to support its continued growth while positioning the company for long-term success.
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A headquarters is where a company's mission is lived every day. It's where culture is strengthened, ideas become action, and people come together to build the future. Helping create a place that supports all of that is one of the greatest privileges in our profession.
Jonathan Keyser
Founder and Managing Partner, Keyser
About sprouts farmers market
Sprouts Farmers Market is a fast-growing specialty grocery retailer known for fresh, natural, and organic foods and a welcoming, farmers market-inspired shopping experience. Headquartered in Phoenix, Arizona, Sprouts operates hundreds of stores across the United States and has built a distinctive brand centered on fresh produce, better-for-you products, and making healthy living accessible to its customers.