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Discount Tire through its affiliated real estate division, Halle Properties, LLC, closed on the purchase of Desert Ridge Corporate Center I and II in Phoenix. Desert Ridge includes 275,208-square-feet of multi-tenant use office space across two four-story office buildings originally constructed in 2005 and 2007.

Discount Tire currently occupies an entire floor at Desert Ridge, which houses a part of the leading national retailer's corporate functions. Founded in 1960 by Bruce T. Halle, Discount Tire operates more than 1,200 tire retail stores across the U.S. and a robust online tire and wheel shopping experience. The company employs more than 3,500 people in Arizona and consistently ranks among America's top performing brands for customer service.