Chaparral Business Center Welcomes Nextiva and Regenesis Biomedical

SALT RIVER PIMA-MARICOPA INDIAN COMMUNITY, Ariz., May 16, 2012 /PRNewswire/ -- Salt River Devco is pleased to announce two major tenants for Chaparral Business Center.  Nextiva, Inc. leased 25,883 square feet at Chaparral Business Center II and Regenesis Biomedical, Inc. leased 26,455 square feet at Chaparral Business Center V. "We're excited to have these growing companies in the project and look forward to being their Real Estate partner for many years to come," said Jeff Roberts, Asset Manager.

"As leaders in web based technology and biotechnology, both Nextiva and Regenesis Biomedical are outstanding complements to our tenant mix," added Vince Lujan, CEO Salt River Devco.

"Unitedweb and its family of companies, which includes Nextiva, iboost and others, is pleased to be growing our business at Chaparral Business Center," said Thomas Gorny, CEO of Unitedweb. "Our companies are market leaders in cloud-based, VoIP business communications services, website technology and online marketing services. While we do our business in the cloud, we appreciate the convenience of the 101-Pima freeway location and proximity to Sky Harbor Airport."

"Our rapid business growth and expanding presence in the community necessitated that we relocate our corporate headquarters to a facility that can accommodate our specific requirements now and in the future," said Dennis Genge, CFO and Vice President of Finance of Regenesis.  "This location provides the facilities, flexibility and central location we need."

Salt River Devco, an enterprise of the Salt River Pima-Maricopa Indian Community, is an asset management and commercial development company.  It manages 108 acres of land and six commercial buildings comprised of 370,000 square feet at the Chaparral Business Center.  The Center is a Class A office park, located along the 101 Corridor between Chaparral and McDonald Drive on the Salt River Pima-Maricopa Indian Community.  Up to 1 million square feet of office, industrial, retail and medical uses is master planned.  Contact Jeff Roberts, 480-850-5701; www.saltriverdevco.com

Nextiva is a privately held member of the United Web family and a leading provider of cloud-based, VoIP business communication services. Nextiva delivers "Fortune 500" phone service at start-up prices and serves thousands of small-to-midsize companies across the United States.  www.nextiva.com

Regenesis Biomedical, Inc. is a privately held medical technology company developing and marketing noninvasive regenerative medicine products. Regenesis developed, patented, and markets the Provant® Therapy System.  www.regenesisbio.com.

Contact: Jeff Roberts, Salt River Devco
480-850-5701

Pam Hait/Martha Hunter Strategies
602-952-0040

SOURCE Salt River Devco