Jennings Strouss & Salmon PLC signed a lease with RED Development for 54,000 square feet in the first phase of CityScape, a three-block mixed-use project under construction in downtown Phoenix.
The law firm expects to move into the new office in June 2010. It is 20,000 square feet smaller than the space Jennings now occupies at the neighboring Collier Center.
John West, managing attorney at Jennings, said new technology, customized design and other amenities will allow the 90-attorney firm to be more productive in less space.
“Our costs will be less in the long run than staying put,” he said
Source: Jan Buchholz, Phoenix Business Journal
As you can see from the construction photo, crews are starting to add exterior glass walls to the steel framed structure of the 600,000 sq ft Class A, first tower at CityScape. This tower will be home to a couple of Legal Firms, Squire, Sanders & Dempsey as well as Ballard Spahr Andrews & Ingersoll. Additionally, the anchor tenant, Wachovia/Wells Fargo is still on board. Also, in this tower will be a Gold’s Gym and a steakhouse operated by Fox Restaurant Concepts. Retail tenants who have committed to go into the CityScape project on the block previously occupied by Patriot’s Square Park include AJ’s Fine Foods, Urban Outfitters and its rumored that CVS Pharmacy will commit, which would give Downtown Phoenix its first Drug Store. At least four other tenants are expected to be announced in the next 30 days according to a reliable source.
For those of you not familiar with CityScape, this project will eventually occupy three linear blocks right in the heart of downtown, creating needed connectivity between US Airways Center, Chase Field and the Warehouse district on the south with the north side of downtown.
More Info about the CityScape mixed/use Project
For Office Leasing, call 602 735 5100, For Retail Leasing, call 800 805 9202.
Downtown & Central Phoenix has a wide variety of housing stock, from 1920’s Bungalows to 50’s ranches to modern loft & condo complexes. This weekend, Phoenix area residents will have the opportunity to tour restored mid-century modern homes during the Founding Fathers of Modern Phoenix Home Tour, sponsored by Matthew & Alison King, the founders of modernphoenix.net. The Tour is part of a larger event called Modern Phoenix Week 2009, which includes workshops, lectures & films and runs from Friday, April 3rd thru Sunday, April 5th.
The tour is a self-guided park-and-walk tour through custom homes, tract homes and condos by Modern architects Ralph Haver, Al Beadle, Cal Straub, Fred Guirey, Ned Sawyer, Harold Ekman, Donn Wooldridge, and more.
Interested in owning a mid-century modern home in Phoenix? Contact Lyle Plocher with Urban Connection Realty to find out about properties currently on the market at 602 373 3725 or email@example.com
Things are heating up in the Downtown Phoenix real estate market. This is especially true when it comes to Bank Owned properties. Buyers are coming back into the market to take advantage of the good deals. Actually, so much so, that many properties are attracting “multiple offers”. If you are in a position to buy, don’t wait for the market to hit bottom, because in some segments of the market, I believe we have hit bottom.
This very cool, Orpheum loft unit is being offered at a price that we have never seen before, maybe even lower than the units sold for new in this building 3 or 4 years ago. This unit features polished concrete and slate flooring, exposed brick walls, exposed ac duct work and some industrial finishes added by the previous owner.
Priced at $125,000
For more information about this unit or any Downtown Phoenix real estate, Contact Lyle Plocher with Urban Connection Realty at 602 373 3725 or firstname.lastname@example.org
Listing is courtesy of US Investment Realty, LLC
Word on the street is that Alta Phoenix is now open and residents are moving in. If you live there, drop us a line and a few pictures – we’d love to see what the inside looks like!
Update: Here’s an email we just received-
The time has come, we are opening our doors for “Sneak Peek” tours! Be one of the first to experience Alta Phoenix Lofts and make it YOUR HOME!!
Mark-Taylor and Wood Partners take luxury loft living to new heights. 10-foot exposed concrete ceilings and walls. Sleek maple cabinetry. Kitchen islands with built-in cooktops. Luxurious soaking tubs. It’s what downtown living was meant to be.
Schedule your personal tour today!
Your guide as you Explore Your Core