Location: Phoenix, AZ

Asset Type: Office

Year Built: 1958/1988

Size: 284,709 SF

Grand Central Tower is a 20-story value-add office tower with 4.4 acres of developable land for multifamily, acquired from a single owner. Located in the Midtown submarket of Phoenix, the office portion was 33% occupied upon acquisition. An extensive capital expenditure program is currently underway as a part of our repositioning strategy.