PHOENIX, Dec. 27, 2024 ~ Phoenix, AZ - Discount Tire, a leading national retailer of tires and wheels, has expanded its presence in Arizona with the recent purchase of Desert Ridge Corporate Center I and II. The acquisition was made through the company's real estate division, Halle Properties, LLC.

The Desert Ridge Corporate Center consists of two four-story office buildings, totaling 275,208 square feet of multi-tenant use space. These buildings were originally constructed in 2005 and 2007.

Discount Tire is no stranger to the Desert Ridge area, as they currently occupy an entire floor in one of the buildings. This space houses a portion of the company's corporate functions. Founded in 1960 by Bruce T. Halle, Discount Tire now operates over 1,200 retail stores across the United States and offers a robust online shopping experience for tires and wheels. With over 3,500 employees in Arizona alone, Discount Tire consistently ranks among America's top performing brands for customer service.

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According to Dean Muglia, Chief Executive Officer at Discount Tire, acquiring additional office space at Desert Ridge was a strategic move to secure their near-term future. "This will allow us to create the best working experience for our employees while also providing flexibility as we continue to grow our operations and corporate presence in Arizona," said Muglia.

The Desert Ridge site spans over 12 acres and is located just 4.7 miles from Discount Tire's headquarters. It is also conveniently situated only one mile from another site that the company acquired in December 2022. The property boasts a highly amenitized design with a three-level parking structure and easy access to over 30 dining and shopping options at the nearby Desert Ridge Marketplace retail center.

With this latest purchase, Discount Tire solidifies its commitment to Arizona and its employees by investing in prime office space that will support their continued growth and success.

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