Highlights

RED Development has fully leased its office building at Biltmore Fashion Park, signing real estate development firm VanTrust and interior architecture firm Phoenix Design One (PDO) to bring the over 30,000-square-foot building to full occupancy, according to a report by KTAR published Saturday.

Both tenants will occupy the second floor of the building, which sits above The Capital Grille, Ralph Lauren, and Herman Miller. The building also houses the corporate headquarters of Smead Capital Management and RED Development itself, which recently relocated its headquarters to the center.

VanTrust, a family-owned real estate development company, is moving from an existing Phoenix office. Keith Earnest of VanTrust cited access to restaurants, retail, and a front-row view of RED's planned enhancements as factors in the decision, according to a news release quoted by KTAR.

PDO, a full-service interior architecture firm specializing in corporate office interiors, is relocating following its merger with parent company RDC. Sophia Humphrey, principal of PDO, said the Biltmore location puts the firm closer to industry partners and aligns with RED's redevelopment direction, per the same release.

The office building was previously retail space that RED converted for office use. RED has plans for landscaping enhancements, including plantings and lounge-style seating, intended to reflect the area's Frank Lloyd Wright-influenced architecture. Biltmore Fashion Park counts more than 45 retailers and restaurants among its tenants.

The lease-up was also reported by AZ Big Media and Commercial Property Executive.

Who else is in the building?

The office building's five tenants are VanTrust, Phoenix Design One, The Capital Grille, Ralph Lauren, Herman Miller, Smead Capital Management, and RED Development. RED converted the space from retail to office use as part of a broader redevelopment of the center, which it now fully owns.

RED's landscaping enhancements are the next visible phase of that redevelopment effort.

Where to find them

Sources

Every factual claim in this article traces to one of the sources below. See how we work for the editorial process.

  1. ktar.com retrieved 23/05/2026 16:54
  2. AZ Big Media retrieved 23/05/2026 16:54
  3. AZ Big Media retrieved 23/05/2026 16:54
  4. commercialsearch.com retrieved 23/05/2026 16:54
  5. VanTrust (official site) retrieved 23/05/2026 16:54
  6. The Capital (official site) retrieved 23/05/2026 16:54
  7. Smead Capital (official site) retrieved 23/05/2026 16:54

Authored by The Scottsdale Signal. Drafted by AI from primary-source material under our beat-specific editorial guides; reviewed by humans before publish under our five-gate process. Sources retrieved at 23/05/2026 16:54. Every claim traces to a source.