senior designer | colliers international
DESCRIPTION
Samples of my work at Colliers International from 2004-PresentTRANSCRIPT
MELANIE KOSACH
Senior Designer | Greater Phoenix
2004-Present
www.colliers.com/melanie.kosach
www.colliers.com/melanie.kosach
Skyline ReviewAnnually printed direct mail piece. The Skyline Review is used to showcase availability within the Downtown Tower Market.
Medium: Illustrator, InDesign, PhotoShop & PhotoMapper
S K Y L I N E R E V I E W08a n a n a l y s i s o f t h e p h o e n i x t owe r m a r k e t
Colliers International
2390 East Camelback Road
Suite 100
Phoenix, Arizona 85016
2 34 58 9 10 11 12 13 14 15 16 17 18 19 20 2122 23 24 25 26 27 28 29 30
45
40
35
30
25
20
15
10
5
1 7 82 3 4 5 6 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
201E WASHINGTON
COLLIER CENTER I
567,163 SF
$33
2.94
$75-95
1N CENTRAL
PHELPS DODGE
BUILDING
409,889 SF
$22-32
2.00
$65-85
2N CENTRAL
ONE
RENAISSANCE
SQUARE
491,623 SF
$29.50-33
1.40
$65-95
40N CENTRAL
TWO
RENAISSANCE
SQUARE
470,464 SF
$29.50-33
2.20
$65-95
101N 1ST AVE
US BANK
CENTER
371,727 SF
$26-28
3.00
$55-75
111W MONROE
FIRST &
MONROE
244,651 SF
$25.50
3.30
$50-70
201N CENTRAL
CHASE
TOWER
723,922 SF
$25.50
3.33
$75-95
1850N CENTRAL
VIAD
TOWER
476,424 SF
$28-32
3.00
$55-85
2020N CENTRAL
CENTRAL PARK
SQUARE
247,906 SF
$23
4.00
$25-65
2600N CENTRAL
2600
TOWER
323,607 SF
$20-24
3.50
$65-95
2700N CENTRAL
2700
TOWER
220,949 SF
$22.50-23.50
4.00
$20-65
2800N CENTRAL
2800
TOWER
364,533 SF
$22-25
3.00
$75-95
2901N CENTRAL
PHOENIX
PLAZA
TOWER I
418,613 SF
$32
4.75
$35-80
2929N CENTRAL
PHOENIX
PLAZA
TOWER II
417,446 SF
$32
4.75
$40-90
3003N CENTRAL
PHOENIX
CORPORATE
CENTER
445,811 SF
$25
4.00
$35-75
3030N CENTRAL
THIRTY-
THIRTY
BUILDING
189,000 SF
$22
3.00
$45-65
3101-3111N CENTRAL
NATIONAL
BANK PLAZA
266,166 SF
$24
3.00
$45-85
3200N CENTRAL
GREAT
AMERICAN
TOWER
338,500 SF
$21-26
3.00
$55-85
3300N CENTRAL
3300
TOWER
363,655 SF
$22.50-24
3.30
$35-75
3443N CENTRAL
FINANCIAL
CENTER
303,000 SF
$18.50
4.40
$25-65
3550N CENTRAL
MERIDIAN
BANK TOWER
280,572 SF
$23
3.50
$20-60
3636N CENTRAL
SECURITY
TITLE
BUILDING
217,247 SF
$25
4.00
$45-85
3838N CENTRAL
3838 TOWER
CITY
SQUARE
236,094 SF
$23-25
4.00
$45-65
4000N CENTRAL
4000 TOWER
CITY
SQUARE
295,797 SF
$22-25
4.00
$45-65
4041N CENTRAL
CENTRAL
PLAZA
398,301 SF
$24
4.00
$20-65
3800N CENTRAL
3800 TOWER
CITY
SQUARE
190,482 SF
$22-25
4.00
$45-65
RBA
RENTAL
RATE
PARKINGRATIO
PER 1000 SF
PARKING
RATES
ADDRESS
TOWER
31
3030N 3RD ST
ABACUS
TOWER
250,848 SF
N/A
3.70
1001N CENTRAL
CENTRAL
PLAZA
132,000 SF
N/A
4.00
$30
2828N CENTRAL
ONE
THOMAS
98,490 SF
$19.50-25
3.30
$45-65
400E VAN BUREN
ONE
ARIZONA
CENTER
354,480 SF
$28.50
3.50
$75-95
400N 5TH ST
TWO
ARIZONA
CENTER
512,852 SF
N/A
3.50
$75-95
32
$65
1E WASHINGTON
CITYSCAPE
575,000 SF
$37.50
2.00
$75-95
33 34
E CAMELBACK
ONE
CAMELBACK
203,585 SF
$22
2.70
$65-75
150E VAN BUREN
ONE
PARK EAST
CENTRAL
475,000 SF
$37
1.15
N/A
www.phoenixskylinereview.comwww.phoenixskylinereview.com
= AVAILABLE
www.phoenixskylinereview.com
UN
DE
R C
ON
ST
RU
CT
ION
UN
DE
R C
ON
ST
RU
CT
ION
S K Y L I N E R E V I E W08a n a n a l y s i s o f t h e p h o e n i x t owe r m a r k e t
= LEASED = PARKING
E
14
D
2734
7
1617
11
5
L
CC
A
B
G
F
H
I
M
264
N
O
P
1
9
10
12
13
R
Q
1518
1920
23
22
2124
252829
31
30
32
33
Phil Breidenbach, SIOR
For More Information,
Contact:
Peter Nieman
Lindsey Carlson
Kevin Lange
2390 E Camelback Road, Suite 100
Phoenix Arizona 85016
602.222.5000
www.colliers.com/phoenix
The Skyline Review is prepared annually by Colliers International’s Office Properties Solutions Group for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2007. All rights reserved.
IND
IAN
SC
HO
OL
RO
AD
OS
BO
RN
RO
AD
TH
OM
AS
RO
AD
MC
DO
WE
LL
RO
AD
VA
N B
UR
EN
ST
RE
ET
Colliers International’s Office Properties Solutions Group is pleased to present the Skyline Review,
a floor-by-floor analysis of the 2007 year end Phoenix CBD Tower market.Colliers International’s Office Properties Solutions Group is pleased to present the Skyline Review,
a floor-by-floor analysis of the 2007 year end Phoenix CBD Tower market.
200720072007 20072005 2005 2005 2006 2006200620062005
6 3
4Q 2Q 3Q 4Q1Q3Q2Q1Q 2Q1Q 3Q 4Q
TOWER STATISTICS
MARKET RBA OCCUPIED AVAIL ABLE w/SUBLEASE NET ABSORPTION
Downtown North (22) 6,547,026 5,398,719 (82%) 1,226,582 (19%) (97,331)
Downtown South (10) 4,278,771 3,902,403 (91%) 407,175 (10%) (42,877)
Overall (32) 10,825,797 9,301,122 (86%) 1,633,757 (15%) (140,208)
S K Y L I N E R E V I E W08a n a n a l y s i s o f t h e p h o e n i x t owe r m a r k e t
TOWER RENTAL RATES
MARKET RANGE/SF/YR AVERAGE/SF/YR % CHANGE FROM 2006
Downtown North $18.50-32.00 $24.04 11%
Downtown South $25.30-33.00 $27.31 3.1%
Overall $18.50-33.00 $24.83 6.0%
2
8
JEF
FE
RS
ON
ST
RE
ET
7TH STREET
7TH AVENUE
RO
OS
EV
ELT
ST
RE
ET
CENTRAL AVENUE
3RD STREET
3RD AVENUE
PROPOSED
STATION
APPROVED
STATION
POINTS OF INTEREST
A. Chase Field C. Phoenix Civic Plaza E. Symphony Hall G. City Hall I. Arizona Center K. U of A Medical School M. Margaret T Hance Park O. St. Joseph’s Hospital Q. VA Hospital
B. US Airways Center D. Herberger Theater F. Dodge Theater H. Phoenix Transit Station J. Translational Genomics HQ (TGEN) L. Arizona Museum of Science & Technology N. Phoenix Art Museum P. Phoenix Country Club R. Steele Indian School Park
FIL
LM
OR
E S
TR
EE
T
LIGHT RAIL
PARK
CENTRAL
CA
ME
LB
AC
K R
OA
D
EN
CA
NT
O B
OU
LE
VA
RD Matt Fitz-Gerald
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
PE
RC
EN
TA
GE
OF R
BA
AB
SO
RB
ED
1.5
1.0
.5
0
-1.5
- .5
-1.0
2.0
2.5
3.0
SIGNIFICANT TOWER LEASING TRANSACTIONS
TOWER TENANT SF LEASED
4041 N Central Avenue Internal Revenue Service 107,849
1 E Washington Street Wachovia Bank 60,000
4000 N Central Avenue State of Arizona 45,000
3838 N Central Avenue Arizona Registrar of Contractors 32,000
3033 N Central Avenue SWCA Environmental Consultants Company 23,500
2901 N Central Avenue SAS 21,000
2929 N Central Avenue Lewis Brisbois Bisgaard & Smith LLP 21,000
201 N Central Avenue Arizona Club (Renewal) 20,500
40 N Central Avenue Wachovia Bank 18,500
3636 N Central Avenue GSA, Army Corp of Engineers (Renewal) 18,200
101 N 1st Avenue Active Finance Group 13,200
2700 N Central Avenue Community Bank of Arizona 12,500
3300 N Central Avenue Mann, Berens & Wisner, LLP 10,100
201 E Washington Street Gensler Architecture 10,000
LARGEST TOWER SALE TRANSACTIONS
TOWER PRICE/SF DATE SOLD PURCHASER
3636 N Central Avenue $174.92 01/11/07 3636 N Central Associates, LLC
111 W Monroe Street $163.50 01/23/07 LB One II Plaza, LLC
201 N Central Avenue $230.59 03/22/07 CRZ Phoenix I, LLC
3200 N Central Avenue $207.73 06/08/07 3200 N Central Venture, LLC
3003 N Central Avenue $155.33 06/27/07 CWN-A-A, LLC
201 E Washington Street $311.73 06/28/07 Collier Center PT, LLC
11 W Jefferson St $190.91 10/12/07 HHLuhrs, LLC
2 N Central Avenue $283.65 11/15/07 Hines-Sumisei US Core Office Fund LP
- 3 properties
TOWERS UNDER CONSTRUCTION
MARKET RBA AVAILABLE DELIVERY DATE PRICE / SF
One Central Park East 475,000 475,000 9/2009 $37.00
CityScape 575,000 390,000 12/2009 $37.50
AB
SOR
PT
ION
Sandy Machado
KJ
Colliers International
2390 East Camelback Road
Suite 100
Phoenix, Arizona 85016
2
34
58
9
10 11 1213 14 15
1617
1819
202122
2324
2526
27 2829 30
45
40
35
30
25
20
15
10
5
1
78
23
45
6
910
1112
1314
1516
17 1819
2021
2223
2425
2627
2829
30
201E WASHINGTON
COLLIER CENTER I
567,163 SF
$33
2.94
$75-95
1N CENTRAL
PHELPS DODGE
BUILDING
409,889 SF
$22-32
2.00
$65-85
2N CENTRAL
ONE
RENAISSANCE
SQUARE
491,623 SF
$29.50-33
1.40
$65-95
40N CENTRAL
TWO
RENAISSANCE
SQUARE
470,464 SF
$29.50-33
2.20
$65-95
101N 1ST AVE
US BANK
CENTER
371,727 SF
$26-28
3.00
$55-75
111W MONROE
FIRST &
MONROE
244,651 SF
$25.50
3.30
$50-70
201N CENTRAL
CHASE
TOWER
723,922 SF
$25.50
3.33
$75-95
1850N CENTRAL
VIAD
TOWER
476,424 SF
$28-32
3.00
$55-85
2020N CENTRAL
CENTRAL PARK
SQUARE
247,906 SF
$23
4.00
$25-65
2600N CENTRAL
2600
TOWER
323,607 SF
$20-24
3.50
$65-95
2700N CENTRAL
2700
TOWER
220,949 SF
$22.50-23.50
4.00
$20-65
2800N CENTRAL
2800
TOWER
364,533 SF
$22-25
3.00
$75-95
2901N CENTRAL
PHOENIX
PLAZA
TOWER I
418,613 SF
$32
4.75
$35-80
2929N CENTRAL
PHOENIX
PLAZA
TOWER II
417,446 SF
$32
4.75
$40-90
3003N CENTRAL
PHOENIX
CORPORATE
CENTER
445,811 SF
$25
4.00
$35-75
3030N CENTRAL
THIRTY-
THIRTY
BUILDING
189,000 SF
$22
3.00
$45-65
3101-3111
N CENTRAL
NATIONAL
BANK PLAZA
266,166 SF
$24
3.00
$45-85
3200N CENTRAL
GREAT
AMERICAN
TOWER
338,500 SF
$21-26
3.00
$55-85
3300N CENTRAL
3300
TOWER
363,655 SF
$22.50-24
3.30
$35-75
3443N CENTRAL
FINANCIAL
CENTER
303,000 SF
$18.50
4.40
$25-65
3550N CENTRAL
MERIDIAN
BANK TOWER
280,572 SF
$23
3.50
$20-60
3636N CENTRAL
SECURITY
TITLE
BUILDING
217,247 SF
$25
4.00
$45-85
3838N CENTRAL
3838 TOWER
CITY
SQUARE
236,094 SF
$23-25
4.00
$45-65
4000N CENTRAL
4000 TOWER
CITY
SQUARE
295,797 SF
$22-25
4.00
$45-65
4041N CENTRAL
CENTRAL
PLAZA
398,301 SF
$24
4.00
$20-65
3800N CENTRAL
3800 TOWER
CITY
SQUARE
190,482 SF
$22-25
4.00
$45-65
RBA
RENTAL
RATE
PARKING
RATIO
PER 1000 SF
PARKING
RATES
ADDRESS
TOWER
31
3030N 3RD ST
ABACUS
TOWER
250,848 SF
N/A
3.70
1001N CENTRAL
CENTRAL
PLAZA
132,000 SF
N/A
4.00
$30
2828N CENTRAL
ONE
THOMAS
98,490 SF
$19.50-25
3.30
$45-65
400E VAN BUREN
ONE
ARIZONA
CENTER
354,480 SF
$28.50
3.50
$75-95
400N 5TH ST
TWO
ARIZONA
CENTER
512,852 SF
N/A
3.50
$75-95
32
$65
1E WASHINGTON
CITYSCAPE
575,000 SF
$37.50
2.00
$75-95
3334
E CAMELBACK
ONE
CAMELBACK
203,585 SF
$22
2.70
$65-75
1
50E VAN BUREN
ONE
PARK EASTCENTRAL
475,000 SF
$37
1.15
N/A
www.phoenixskylinereview.com
www.phoenixskylinereview.com
= AVAILABLE
www.phoenixskylinereview.com
UN
DE
R C
ON
ST
RU
CT
ION
UN
DE
R C
ON
ST
RU
CT
ION
S K Y L I N E R E V I E W
08a n a n a l y s i s o f t h e p h o e n i x t owe r m a r k e t
= LEASED= PARKING
www.colliers.com/melanie.kosach
The PipelineThis large fold out piece is used to showcase the multi-family sector of Phoenix. It has various updates and statistics on the market.
Medium: Illustrator, InDesign, PhotoShop
THE PIPELINE
www.colliers.com/melanie.kosach
Viad Tower
Recorded Buyer: MCC/I&G Viad Office Tower Owner, LLC 2301 Rosecrans Ave El Segundo, CA 90245 (310) 297-9100
Recorded Seller: Phoenix Officeinvest, LLC280 Park Ave New York, NY 10017
3030 N. Central
Recorded Buyer: NBS-3030 Central OpCo
Recorded Seller: Shea Babcock & Brown 3030 North Central
True Buyer: NBS Real Estate Capital 121 SW Morrison St Portland, OR 97204 (503) 952-0700
Sale Date: 06/27/2007 Escrow Length: 150 days
Sale Type: Investment Sale Price: $69,250,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1964, Renov 2006 Age: 43
Price/SF: $155.33 RBA: 445,811 SF
Price/AC Land Gross: $15,975,362.19 ($366.74/SF) Land Area: 4.33 AC (188,824 SF)
Sale Date: 06/27/2006 Escrow Length: -
Sale Type: Investment Sale Price: $105,550,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built Mar 1991, Renov 2006 Age: 15
Price/SF: $221.55 RBA: 476,424 SF
Price/AC Land Gross: $25,372,596.15 ($582.47/SF) Land Area: 4.16 AC (181,210 SF)
Viad Tower
Recorded Buyer: MCC/I&G Viad Office Tower Owner, LLC 2301 Rosecrans Ave El Segundo, CA 90245 (310) 297-9100
Recorded Seller: Phoenix Officeinvest, LLC280 Park Ave New York, NY 10017
3030 N. Central
Recorded Buyer: NBS-3030 Central OpCo
Recorded Seller: Shea Babcock & Brown 3030 North Central
True Buyer: NBS Real Estate Capital 121 SW Morrison St Portland, OR 97204 (503) 952-0700
Sale Date: 06/27/2007 Escrow Length: 150 days
Sale Type: Investment Sale Price: $69,250,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1964, Renov 2006 Age: 43
Price/SF: $155.33 RBA: 445,811 SF
Price/AC Land Gross: $15,975,362.19 ($366.74/SF) Land Area: 4.33 AC (188,824 SF)
Sale Date: 06/27/2006 Escrow Length: -
Sale Type: Investment Sale Price: $105,550,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built Mar 1991, Renov 2006 Age: 15
Price/SF: $221.55 RBA: 476,424 SF
Price/AC Land Gross: $25,372,596.15 ($582.47/SF) Land Area: 4.16 AC (181,210 SF)
True Seller: Prudential CRES Commercial Real Estate14287 N 87th St Scottsdale, AZ 85260 (480) 451-9077
Sale Date: 10/26/2006 Escrow Length: -
Sale Type: Investment Sale Price: $26,000,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1975 Age: 31
Price/SF: $137.57 RBA: 189,000 SF
Price/AC Land Gross: $16,352,201.26 ($375.39/SF) Land Area: 1.59 AC (69,260 SF)
3636 n central Recorded Buyer: 3636 North Central Associates, LLC
Recorded Seller: Equastone OCP, LLC
True Buyer: Alliance Commercial Partners, LLC 165 S Union Blvd Lakewood, CO 80228 (303) 986-2222
True Seller: Equastone 8910 University Center Ln San Diego, CA 92122 (858) 551-8800
Sale Date: 01/11/2007 Escrow Length: 60 days
Sale Type: Investment Sale Price: $38,000,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1984 Age: 23
Price/SF: $174.92 RBA: 217,247 SF
Price/AC Land Gross: $19,191,919.19 ($440.59/SF) Land Area: 1.98 AC (86,249 SF)
4010 n 3rd street
Recorded Buyer: eBay, Inc. 2145 Hamilton Ave
San Jose, CA 95125 (408) 376-7400
Recorded Seller: Cole Co. 2555 E Camelback Rd Phoenix, AZ 85016 (602) 778-8773
Buyer Type: Corporation
Buyer Contact: Meg Whitman (Pres/CEO)
Seller Contact: Scott H. Cole
Sale Date: 04/06/2005 Escrow Length: -
Sale Type: Owner/User Sale Price: $16,295,000 - Confirmed Bldg Type: Flex
Asking Price: -Year Built/Age: Built 2001 Age: 4
Price/SF: $115.57 RBA: 141,000 SF
Price/AC Land Gross: $3,408,995.82 ($78.26/SF) Land Area: 4.78 AC (208,217 SF)
4000 3800 & 3838
Recorded Buyer: Pacific Office Properties Trust, LLC 10188 Telesis Ct San Diego, CA 92121 (858) 678-8500
Recorded Seller: City Square Associates, LLC825 3rd Ave New York, NY 10022
Buyer Type: Corporation
Buyer Contact: The Shidler Group
Seller Contact: Christopher Hughes
Name: City Square Sale Date: 08/18/2005
Escrow Length: -Sale Price: $55,500,000 - Confirmed
# of Properties: 4Asking Price: -
Sale Type: Investment RBA: 831,191 SF
Price/SF: $66.77
San Jose, CA 95125 (408) 376-7400
Recorded Seller: Cole Co. 2555 E Camelback Rd Phoenix, AZ 85016 (602) 778-8773
Buyer Type: Corporation
Buyer Contact: Meg Whitman (Pres/CEO)
Seller Contact: Scott H. Cole
Sale Date: 04/06/2005 Escrow Length: -
Sale Type: Owner/User Sale Price: $16,295,000 - Confirmed Bldg Type: Flex
Asking Price: -Year Built/Age: Built 2001 Age: 4
Price/SF: $115.57 RBA: 141,000 SF
Price/AC Land Gross: $3,408,995.82 ($78.26/SF) Land Area: 4.78 AC (208,217 SF)
4000 3800 & 3838
Recorded Buyer: Pacific Office Properties Trust, LLC 10188 Telesis Ct San Diego, CA 92121 (858) 678-8500
Recorded Seller: City Square Associates, LLC825 3rd Ave New York, NY 10022
Buyer Type: Corporation
Buyer Contact: The Shidler Group
Seller Contact: Christopher Hughes
Name: City Square Sale Date: 08/18/2005
Escrow Length: -Sale Price: $55,500,000 - Confirmed
# of Properties: 4Asking Price: -
Sale Type: Investment RBA: 831,191 SF
Price/SF: $66.77
San Jose, CA 95125 (408) 376-7400
Recorded Seller: Cole Co. 2555 E Camelback Rd Phoenix, AZ 85016 (602) 778-8773
Buyer Type: Corporation
Buyer Contact: Meg Whitman (Pres/CEO)
Seller Contact: Scott H. Cole
Sale Date: 04/06/2005 Escrow Length: -
Sale Type: Owner/User Sale Price: $16,295,000 - Confirmed Bldg Type: Flex
Asking Price: -Year Built/Age: Built 2001 Age: 4
Price/SF: $115.57 RBA: 141,000 SF
Price/AC Land Gross: $3,408,995.82 ($78.26/SF) Land Area: 4.78 AC (208,217 SF)
4000 3800 & 3838
Recorded Buyer: Pacific Office Properties Trust, LLC 10188 Telesis Ct San Diego, CA 92121 (858) 678-8500
Recorded Seller: City Square Associates, LLC825 3rd Ave New York, NY 10022
Buyer Type: Corporation
Buyer Contact: The Shidler Group
Seller Contact: Christopher Hughes
Name: City Square Sale Date: 08/18/2005
Escrow Length: -Sale Price: $55,500,000 - Confirmed
# of Properties: 4Asking Price: -
Sale Type: Investment RBA: 831,191 SF
Price/SF: $66.77 2600 n central
Recorded Buyer: ARI Central, LP 21800 Burbank Blvd Woodland Hills, CA 91367 (818) 884-2200
Recorded Seller: Sofi IV Sim Office Investors II, LP 591 W Putnam Ave Greenwich, CT 06830 (203) 422-7700
Sale Date: 07/02/2004 Escrow Length: -
Sale Type: Investment Sale Price: $16,800,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1982 Age: 22
Price/SF: $51.91 RBA: 323,607 SF
Price/AC Land Gross: $3,668,122.27 ($84.21/SF) Land Area: 4.58 AC (199,505 SF)
Sale Date: 06/08/2007 Escrow Length: -
Sale Type: Investment Sale Price: $70,315,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built Jan 1986 Age: 21
Price/SF: $207.73 RBA: 338,500 SF
Price/AC Land Gross: $43,946,875.00 ($1,008.88/SF) Land Area: 1.60 AC (69,696 SF)
Percent Leased: 77.6% Tenancy: Multi
Percent Improved: 72.8% Buyer Cap Rate: -
Total Value Assessed: $6,769,669 in 2006
Improved ValueAssessed:
$4,925,669
Land Value Assessed: $1,844,000 Land Assessed/AC: $1,152,500
3003 N. Central Ave
Recorded Buyer: CWN-1-A, LLC
Recorded Seller: Phoenix Corporate Center I, LP
True Buyer: Crown West Realty, LLC Robert OlshanTony Feiter2355 E Camelback Rd Phoenix, AZ 85016 (602) 288-3836
True Seller: Krausz Companies, Inc.Ron Krausz44 Montgomery St San Francisco, CA 94104 (415) 732-5600
3101 N. Central Ave
Recorded Buyer: 3101 Office Center, LLC 100 N LaSalle St Chicago, IL 60602 (312) 408-3000
Recorded Seller: Southwest Financial Center Assoc.242 Trumbull St Hartford, CT 06103 (860) 616-9000
Sale Date: 06/28/2006 Escrow Length: -
Sale Type: Investment Sale Price: $47,500,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1980 Age: 26
Price/SF: $178.46 RBA: 266,166 SF
Price/AC Land Gross: $16,555,714.34 ($380.07/SF) Land Area: 2.87 AC (124,978 SF)
3200 N. Central Ave
Recorded Buyer: 3200 North Central Venture, LLC
Recorded Seller: US Office Holdings, LP
True Buyer: Von Karman Michelson CorporationAmerican Realty Advisors801 N Brand Blvd Glendale, CA 91203 (818) 545-1152Alliance Commercial Partners, LLC Doug McCormick165 S Union Blvd Lakewood, CO 80228 (303) 986-2222
True Seller: Lacy, Ltd. 1620 Eye St NW Washington, DC 20006 (202) 822-9200Blue Capital Investment19401-19415 S Dixie Hwy Miami, FL 33157 (305) 933-7100
True Seller: Prudential CRES Commercial Real Estate14287 N 87th St Scottsdale, AZ 85260 (480) 451-9077
Sale Date: 10/26/2006 Escrow Length: -
Sale Type: Investment Sale Price: $26,000,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1975 Age: 31
Price/SF: $137.57 RBA: 189,000 SF
Price/AC Land Gross: $16,352,201.26 ($375.39/SF) Land Area: 1.59 AC (69,260 SF)
3636 n central Recorded Buyer: 3636 North Central Associates, LLC
Recorded Seller: Equastone OCP, LLC
True Buyer: Alliance Commercial Partners, LLC 165 S Union Blvd Lakewood, CO 80228 (303) 986-2222
True Seller: Equastone 8910 University Center Ln San Diego, CA 92122 (858) 551-8800
Sale Date: 01/11/2007 Escrow Length: 60 days
Sale Type: Investment Sale Price: $38,000,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1984 Age: 23
Price/SF: $174.92 RBA: 217,247 SF
Price/AC Land Gross: $19,191,919.19 ($440.59/SF) Land Area: 1.98 AC (86,249 SF)
4010 n 3rd street
Recorded Buyer: eBay, Inc. 2145 Hamilton Ave
CBIZ PLAZA3101-3111 N. Central Avenue
Total Rentable Space: ±338,500
Total Available Space: ±59,747
% Occupied: 77.6%
PHOENIX CORP TOWER3003 N. Central Avenue
Total Rentable Space: ±428,126
Total Available Space: ±61,671
% Occupied: 85.6%
CENTRAL PLAZA4041 N. Central Avenue
Total Rentable Space: ±404,090
Total Available Space: ±29,892
% Occupied: 92.6%
CITY SQUARE - 3800 Tower3800 N. Central Avenue
Total Rentable Space: ±190,482
Total Available Space: ±44,279
% Occupied: 76.8%
CITY SQUARE - 3838 Tower3838 N. Central Avenue
Total Rentable Space: ±236,094
Total Available Space: ±58,423
% Occupied: 75.3%
CITY SQUARE - 4000 Tower4000 N. Central Avenue
Total Rentable Space: ±295,797
Total Available Space: ±67,155
% Occupied: 77.3%
SECURITY TITLE PLAZA3636 N. Central Avenue
Total Rentable Space: ±217,247
Total Available Space: ±28,491
% Occupied: 86.9%
MERIDIAN BANK TOWER3550 N. Central Avenue
Total Rentable Space: ±280,572
Total Available Space: ±42,426
% Occupied: 84.9%
GREAT AMERICAN TOWER3200 N. Central Avenue
Total Rentable Space: ±338,500
Total Available Space: ±87,432
% Occupied: 74.2%
1
2
3
4
5
6
7
PROPERTY AVAILABILITY SALES DATA
8
9
Our Knowledge is your Property
SALES DATA
CHARLES MISCIOSenior Vice President
Office PropertiesP 602.222.5192C 602.705.5220
KEITH LAMBETHSenior Vice President
Office PropertiesP 602.222.5191C 602.312.7856
TODD NOELVice President
Office Properties P 602.222.5190C 602.692.8290
MICHAEL CRYSTALSenior Associate
Office PropertiesP 602.222.5193C 602.758.1719
PROPERTY
P://M
apIn
fo/P
hoen
ix/C
ryst
al,M
ike/
Cen
tral
Ave
Offi
ce
CENTRAL AVENUE OFFICE MARKET
3RD STREET
3RD AVENUE
IND
IAN
SC
HO
OL
RD
OS
BO
RN
RO
AD
TH
OM
AS
RO
AD
MC
DO
WE
LL
RO
AD
CENTRAL AVENUE
1 4041
2 3800
3 3838
4 4000
5 3636
6 3550
7 3200
12 3030
9 3003 11 2901
10 2929
8 3110
13 2800 14 2600 15 1850
AVAILABILITY
PHOENIX PLAZA -Tower I2929 N. Central Avenue
Total Rentable Space: ±419,453
Total Available Space: ±29,691
% Occupied: 92.9%
PHOENIX PLAZA -Tower II2901 N. Central Avenue
Total Rentable Space: ±428,857
Total Available Space: ±24,242
% Occupied: 94.3%
2600 TOWER2600 N. Central Avenue
Total Rentable Space: ±323,607
Total Available Space: ±95,222
% Occupied: 70.6%
THIRTY-THIRTY BUILDING3030 N. Central Avenue
Total Rentable Space: ±173,398
Total Available Space: ±62,839
% Occupied: 63.8%
12
2800 TOWER2800 N. Central Avenue
Total Rentable Space: ±364,533
Total Available Space: ±146,529
% Occupied: 59.79%
13 VIAD TOWER1850 N. Central Avenue
Total Rentable Space: ±500,000
Total Available Space: ±58,392
% Occupied: 88.3%
13
10
11
Influence of Institutional Money
Since 1991 a trend to follow within both
Midtown and Downtown has reflected a
successful leasing environment when Class A
space does not exceed Class B space by
more then $5 per square foot.
14
15
ST JOESEPH’S HOSPITAL
CONTINUEDEXPANSION
RESIDENTIAL
METRO LIGHT RAIL
OFFICE CONDOS
PROPOSED NEW OFFICE
DEVELOP-MENTS
• Central Phoenix Location • Lofts style Condos• 5-Story | 40-Units • Built in 2002
• Central Phoenix Location• High Rise Condos• 4-Towers • Building began in 2005
• Central Phoenix Location • 21 Units• 5-Level Townhomes • Under Construction
• Central Phoenix Location• High Rise Condos• 4-Towers • Building began in 2005
• Central Phoenix Location• High Rise Condos• 4-Towers • Building began in 2005
Artisian Lofts on Central
CenturyPlaza
Chateauon Central
Tapestryon Cetral
Cielo
Since 2004 Class A Office Rates have increased
by 36.7% in Midtown vs. 23.4% Downtown.
Since 2004 Class B Office Rates have increased
by 32% in Midtown vs. 24% Downtown.
www.colliers.com/phoenix
OWNER / USER BUILDINGS
DEV
ELO
PM
ENT
DO
WN
TOW
N4520 N Central Avenue
2120 N. Central Avenue
4010 N. Central Avenue
302 E. Coronado
3636 N. 3rd Avenue
3620 N. 3rd Avenue
City of Phoenix
Law Offices of Scott Golden & Scott Harris
3101 N. Central Ave
Recorded Buyer: 3101 Office Center, LLC 100 N LaSalle St Chicago, IL 60602 (312) 408-3000
Recorded Seller: Southwest Financial Center Assoc.242 Trumbull St Hartford, CT 06103 (860) 616-9000
Sale Date: 06/28/2006 Escrow Length: -
Sale Type: Investment Sale Price: $47,500,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1980 Age: 26
Price/SF: $178.46 RBA: 266,166 SF
Price/AC Land Gross: $16,555,714.34 ($380.07/SF) Land Area: 2.87 AC (124,978 SF)
3200 N. Central Ave
Recorded Buyer: 3200 North Central Venture, LLC
Recorded Seller: US Office Holdings, LP
True Buyer: Von Karman Michelson CorporationAmerican Realty Advisors801 N Brand Blvd Glendale, CA 91203 (818) 545-1152Alliance Commercial Partners, LLC Doug McCormick165 S Union Blvd Lakewood, CO 80228 (303) 986-2222
True Seller: Lacy, Ltd. 1620 Eye St NW Washington, DC 20006 (202) 822-9200Blue Capital Investment19401-19415 S Dixie Hwy Miami, FL 33157 (305) 933-7100
Viad Tower
Recorded Buyer: MCC/I&G Viad Office Tower Owner, LLC 2301 Rosecrans Ave El Segundo, CA 90245 (310) 297-9100
Recorded Seller: Phoenix Officeinvest, LLC280 Park Ave New York, NY 10017
3030 N. Central
Recorded Buyer: NBS-3030 Central OpCo
Recorded Seller: Shea Babcock & Brown 3030 North Central
True Buyer: NBS Real Estate Capital 121 SW Morrison St Portland, OR 97204 (503) 952-0700
Sale Date: 06/27/2007 Escrow Length: 150 days
Sale Type: Investment Sale Price: $69,250,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1964, Renov 2006 Age: 43
Price/SF: $155.33 RBA: 445,811 SF
Price/AC Land Gross: $15,975,362.19 ($366.74/SF) Land Area: 4.33 AC (188,824 SF)
Sale Date: 06/27/2006 Escrow Length: -
Sale Type: Investment Sale Price: $105,550,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built Mar 1991, Renov 2006 Age: 15
Price/SF: $221.55 RBA: 476,424 SF
Price/AC Land Gross: $25,372,596.15 ($582.47/SF) Land Area: 4.16 AC (181,210 SF)
GOING TO MARKET
ON THE MARKET±29,892 SF
±44,279 SF
±58,423 SF
±67,155 SF
±28,491 SF
±42,426 SF
±87,432 SF
±59,747 SF
±61,671 SF
±29,691 SF
±24,242 SF
±62,839 SF
±146,529 SF
±95,222 SF
±58,392 SF
Land Area: 0.50 AC (21,562 SF)
3636 n 3rd ave
Recorded Buyer: 3rd Avenue Accommodation, LLC702 E Osborn St Phoenix, AZ 85014 (602) 234-9917
Recorded Seller: 3rd Avenue Office Complex322 E Glenn Dr Phoenix, AZ 85020 (602) 395-9269
Buyer Type: Individual
Buyer Contact: Andy Abraham
Seller Contact: Leroy Schneider
Sale Date: 04/04/2006 (60 days on market)Escrow Length: 60 days
Sale Type: Owner/User Sale Price: $1,300,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1976, Renov 1997 Age: 30
Price/SF: $156.17 RBA: 8,324 SF
Price/AC Land Gross: $3,823,529.41 ($87.78/SF) Land Area: 0.34 AC (14,810 SF)
Land Area: 0.50 AC (21,562 SF)
3636 n 3rd ave
Recorded Buyer: 3rd Avenue Accommodation, LLC702 E Osborn St Phoenix, AZ 85014 (602) 234-9917
Recorded Seller: 3rd Avenue Office Complex322 E Glenn Dr Phoenix, AZ 85020 (602) 395-9269
Buyer Type: Individual
Buyer Contact: Andy Abraham
Seller Contact: Leroy Schneider
Sale Date: 04/04/2006 (60 days on market)Escrow Length: 60 days
Sale Type: Owner/User Sale Price: $1,300,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1976, Renov 1997 Age: 30
Price/SF: $156.17 RBA: 8,324 SF
Price/AC Land Gross: $3,823,529.41 ($87.78/SF) Land Area: 0.34 AC (14,810 SF)
4520 n central
Recorded Buyer: NAC 4520 N. Central, LLC650 N 2nd Ave Phoenix, AZ 85003 (602) 254-3247
Recorded Seller: JLW 4520 FLP, RLLPP.O. Box 1204 Kailua, HI 96734 (808) 262-8144
Name: Multi-Property Sale Sale Date: 12/30/2005 (120 days on market)
Escrow Length: 134 days Sale Price: $7,775,000 - Confirmed
# of Properties: 2Asking Price: -
Sale Type: Owner/User RBA: 94,474 SF
Price/SF: $82.30
3620 n 3rd ave
Recorded Buyer: The Equitable Pinnacle Peak, LLC
Recorded Seller: Fourth Burroughs, LLC
Buyer Contact: John Vatistas
True Buyer: -
True Seller: Fourth Burroughs, LLCBrian WhitesideP.O. Box 50148 Bellevue, WA 98015 (425) 462-7771
Sale Date: 02/08/2007 Escrow Length: 65 days
Sale Type: Investment Sale Price: $1,584,370 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1965, Renov 1995 Age: 42
Price/SF: $128.94 RBA: 12,288 SF
Price/AC Land Gross: $3,200,747.47 ($73.48/SF)
True Seller: Prudential CRES Commercial Real Estate14287 N 87th St Scottsdale, AZ 85260 (480) 451-9077
Sale Date: 10/26/2006 Escrow Length: -
Sale Type: Investment Sale Price: $26,000,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1975 Age: 31
Price/SF: $137.57 RBA: 189,000 SF
Price/AC Land Gross: $16,352,201.26 ($375.39/SF) Land Area: 1.59 AC (69,260 SF)
3636 n central Recorded Buyer: 3636 North Central Associates, LLC
Recorded Seller: Equastone OCP, LLC
True Buyer: Alliance Commercial Partners, LLC 165 S Union Blvd Lakewood, CO 80228 (303) 986-2222
True Seller: Equastone 8910 University Center Ln San Diego, CA 92122 (858) 551-8800
Sale Date: 01/11/2007 Escrow Length: 60 days
Sale Type: Investment Sale Price: $38,000,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1984 Age: 23
Price/SF: $174.92 RBA: 217,247 SF
Price/AC Land Gross: $19,191,919.19 ($440.59/SF) Land Area: 1.98 AC (86,249 SF)
4010 n 3rd street
Recorded Buyer: eBay, Inc. 2145 Hamilton Ave
San Jose, CA 95125 (408) 376-7400
Recorded Seller: Cole Co. 2555 E Camelback Rd Phoenix, AZ 85016 (602) 778-8773
Buyer Type: Corporation
Buyer Contact: Meg Whitman (Pres/CEO)
Seller Contact: Scott H. Cole
Sale Date: 04/06/2005 Escrow Length: -
Sale Type: Owner/User Sale Price: $16,295,000 - Confirmed Bldg Type: Flex
Asking Price: -Year Built/Age: Built 2001 Age: 4
Price/SF: $115.57 RBA: 141,000 SF
Price/AC Land Gross: $3,408,995.82 ($78.26/SF) Land Area: 4.78 AC (208,217 SF)
4000 3800 & 3838
Recorded Buyer: Pacific Office Properties Trust, LLC 10188 Telesis Ct San Diego, CA 92121 (858) 678-8500
Recorded Seller: City Square Associates, LLC825 3rd Ave New York, NY 10022
Buyer Type: Corporation
Buyer Contact: The Shidler Group
Seller Contact: Christopher Hughes
Name: City Square Sale Date: 08/18/2005
Escrow Length: -Sale Price: $55,500,000 - Confirmed
# of Properties: 4Asking Price: -
Sale Type: Investment RBA: 831,191 SF
Price/SF: $66.77
4520 n central
Recorded Buyer: NAC 4520 N. Central, LLC650 N 2nd Ave Phoenix, AZ 85003 (602) 254-3247
Recorded Seller: JLW 4520 FLP, RLLPP.O. Box 1204 Kailua, HI 96734 (808) 262-8144
Name: Multi-Property Sale Sale Date: 12/30/2005 (120 days on market)
Escrow Length: 134 days Sale Price: $7,775,000 - Confirmed
# of Properties: 2Asking Price: -
Sale Type: Owner/User RBA: 94,474 SF
Price/SF: $82.30
3620 n 3rd ave
Recorded Buyer: The Equitable Pinnacle Peak, LLC
Recorded Seller: Fourth Burroughs, LLC
Buyer Contact: John Vatistas
True Buyer: -
True Seller: Fourth Burroughs, LLCBrian WhitesideP.O. Box 50148 Bellevue, WA 98015 (425) 462-7771
Sale Date: 02/08/2007 Escrow Length: 65 days
Sale Type: Investment Sale Price: $1,584,370 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1965, Renov 1995 Age: 42
Price/SF: $128.94 RBA: 12,288 SF
Price/AC Land Gross: $3,200,747.47 ($73.48/SF)
4520 n central
Recorded Buyer: NAC 4520 N. Central, LLC650 N 2nd Ave Phoenix, AZ 85003 (602) 254-3247
Recorded Seller: JLW 4520 FLP, RLLPP.O. Box 1204 Kailua, HI 96734 (808) 262-8144
Name: Multi-Property Sale Sale Date: 12/30/2005 (120 days on market)
Escrow Length: 134 days Sale Price: $7,775,000 - Confirmed
# of Properties: 2Asking Price: -
Sale Type: Owner/User RBA: 94,474 SF
Price/SF: $82.30
3620 n 3rd ave
Recorded Buyer: The Equitable Pinnacle Peak, LLC
Recorded Seller: Fourth Burroughs, LLC
Buyer Contact: John Vatistas
True Buyer: -
True Seller: Fourth Burroughs, LLCBrian WhitesideP.O. Box 50148 Bellevue, WA 98015 (425) 462-7771
Sale Date: 02/08/2007 Escrow Length: 65 days
Sale Type: Investment Sale Price: $1,584,370 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1965, Renov 1995 Age: 42
Price/SF: $128.94 RBA: 12,288 SF
Price/AC Land Gross: $3,200,747.47 ($73.48/SF)
San Jose, CA 95125 (408) 376-7400
Recorded Seller: Cole Co. 2555 E Camelback Rd Phoenix, AZ 85016 (602) 778-8773
Buyer Type: Corporation
Buyer Contact: Meg Whitman (Pres/CEO)
Seller Contact: Scott H. Cole
Sale Date: 04/06/2005 Escrow Length: -
Sale Type: Owner/User Sale Price: $16,295,000 - Confirmed Bldg Type: Flex
Asking Price: -Year Built/Age: Built 2001 Age: 4
Price/SF: $115.57 RBA: 141,000 SF
Price/AC Land Gross: $3,408,995.82 ($78.26/SF) Land Area: 4.78 AC (208,217 SF)
4000 3800 & 3838
Recorded Buyer: Pacific Office Properties Trust, LLC 10188 Telesis Ct San Diego, CA 92121 (858) 678-8500
Recorded Seller: City Square Associates, LLC825 3rd Ave New York, NY 10022
Buyer Type: Corporation
Buyer Contact: The Shidler Group
Seller Contact: Christopher Hughes
Name: City Square Sale Date: 08/18/2005
Escrow Length: -Sale Price: $55,500,000 - Confirmed
# of Properties: 4Asking Price: -
Sale Type: Investment RBA: 831,191 SF
Price/SF: $66.77
4520 n central
Recorded Buyer: NAC 4520 N. Central, LLC650 N 2nd Ave Phoenix, AZ 85003 (602) 254-3247
Recorded Seller: JLW 4520 FLP, RLLPP.O. Box 1204 Kailua, HI 96734 (808) 262-8144
Name: Multi-Property Sale Sale Date: 12/30/2005 (120 days on market)
Escrow Length: 134 days Sale Price: $7,775,000 - Confirmed
# of Properties: 2Asking Price: -
Sale Type: Owner/User RBA: 94,474 SF
Price/SF: $82.30
3620 n 3rd ave
Recorded Buyer: The Equitable Pinnacle Peak, LLC
Recorded Seller: Fourth Burroughs, LLC
Buyer Contact: John Vatistas
True Buyer: -
True Seller: Fourth Burroughs, LLCBrian WhitesideP.O. Box 50148 Bellevue, WA 98015 (425) 462-7771
Sale Date: 02/08/2007 Escrow Length: 65 days
Sale Type: Investment Sale Price: $1,584,370 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1965, Renov 1995 Age: 42
Price/SF: $128.94 RBA: 12,288 SF
Price/AC Land Gross: $3,200,747.47 ($73.48/SF)
Land Area: 0.50 AC (21,562 SF)
3636 n 3rd ave
Recorded Buyer: 3rd Avenue Accommodation, LLC702 E Osborn St Phoenix, AZ 85014 (602) 234-9917
Recorded Seller: 3rd Avenue Office Complex322 E Glenn Dr Phoenix, AZ 85020 (602) 395-9269
Buyer Type: Individual
Buyer Contact: Andy Abraham
Seller Contact: Leroy Schneider
Sale Date: 04/04/2006 (60 days on market)Escrow Length: 60 days
Sale Type: Owner/User Sale Price: $1,300,000 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1976, Renov 1997 Age: 30
Price/SF: $156.17 RBA: 8,324 SF
Price/AC Land Gross: $3,823,529.41 ($87.78/SF) Land Area: 0.34 AC (14,810 SF)
4520 n central
Recorded Buyer: NAC 4520 N. Central, LLC650 N 2nd Ave Phoenix, AZ 85003 (602) 254-3247
Recorded Seller: JLW 4520 FLP, RLLPP.O. Box 1204 Kailua, HI 96734 (808) 262-8144
Name: Multi-Property Sale Sale Date: 12/30/2005 (120 days on market)
Escrow Length: 134 days Sale Price: $7,775,000 - Confirmed
# of Properties: 2Asking Price: -
Sale Type: Owner/User RBA: 94,474 SF
Price/SF: $82.30
3620 n 3rd ave
Recorded Buyer: The Equitable Pinnacle Peak, LLC
Recorded Seller: Fourth Burroughs, LLC
Buyer Contact: John Vatistas
True Buyer: -
True Seller: Fourth Burroughs, LLCBrian WhitesideP.O. Box 50148 Bellevue, WA 98015 (425) 462-7771
Sale Date: 02/08/2007 Escrow Length: 65 days
Sale Type: Investment Sale Price: $1,584,370 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1965, Renov 1995 Age: 42
Price/SF: $128.94 RBA: 12,288 SF
Price/AC Land Gross: $3,200,747.47 ($73.48/SF)
City of Phoenix4/2007
$15,352,480
87,230
$176.002.20 Acres
4520 n central
Recorded Buyer: NAC 4520 N. Central, LLC650 N 2nd Ave Phoenix, AZ 85003 (602) 254-3247
Recorded Seller: JLW 4520 FLP, RLLPP.O. Box 1204 Kailua, HI 96734 (808) 262-8144
Name: Multi-Property Sale Sale Date: 12/30/2005 (120 days on market)
Escrow Length: 134 days Sale Price: $7,775,000 - Confirmed
# of Properties: 2Asking Price: -
Sale Type: Owner/User RBA: 94,474 SF
Price/SF: $82.30
3620 n 3rd ave
Recorded Buyer: The Equitable Pinnacle Peak, LLC
Recorded Seller: Fourth Burroughs, LLC
Buyer Contact: John Vatistas
True Buyer: -
True Seller: Fourth Burroughs, LLCBrian WhitesideP.O. Box 50148 Bellevue, WA 98015 (425) 462-7771
Sale Date: 02/08/2007 Escrow Length: 65 days
Sale Type: Investment Sale Price: $1,584,370 - Confirmed Bldg Type: Office
Asking Price: -Year Built/Age: Built 1965, Renov 1995 Age: 42
Price/SF: $128.94 RBA: 12,288 SF
Price/AC Land Gross: $3,200,747.47 ($73.48/SF)
Land Area:
City of Phoenix
SPM Inc.
Ground Floor
3625 N. Central AvenuePhoenix, Arizona
OFFICE
Ground Floor Lobby
Floorplate Building FeaturesOffice Area ±252,574 RSF
F loorp late S ize ±20,625 RSF
Offi ce F loor s 13 Stor ies (8-20)
Renta l Rate $34.00 P/RSF
Expense Stop $10.00 P/RSF
TI A l lowance $40.00 P/RSF
Target Occupanc y 4QTR 2009
Park ing
• Rat io of 4 :1 ,000
• 7 leve ls of above grade park ing
• $100 reser ved sta l l s , $75 unreser ved
Deve loper
• Mi lbank Real Estate & 4D Development
• New Class A Off ice Development
Corporate Ne ighbor s
• IBM
• Microsoft
• Xerox
• Deloitte & Touche
• AIG
• Idea l ly located on Centra l Avenue strateg ica l ly p laced between two Light-Rai l Stat ions
• In the hear t of the Phoenix Centra l Bus iness Distr ict with d irect car and tra in access
to Sky Harbor Airpor t and a l l major freeways
• Over 18 restaurants with in walk ing d istance , hote ls , and other amenit ies nearby
• Bui ld ing features a f i tness center, ground f loor reta i l and landscaped pat ios
• F irst Class "A" of f ice tower bui l t on Centra l Avenue in 18 years
Area Amenities
NEW TOWER2600 N CENTRAL AVENUE
• 4-Story
• 80,000 SF
Construction began Summer of 2005
Operative December 2008
Opening Day ridership estimates: ±36,000 people
37 miles of Phase One; an additional 52 miles to be developed by 2017
9- Floors
The Krause Companies
100% Renovated
2 Floors Remaining • $180 PSF
• $305 PSF
Type of Hospital: Regional Acute Care
Member of: Caholic Healthcare West
Year Opened: 1895
President/CAO: Linda Hunt
Medical Staff President: Charles A. Alfano, MD
Licensed Acute Beds: 520 (not including 50 neonatal ICU beds)
Nurses (employees): 1,025
Research (employees): 130
Total Employees: 3,727
Medical Staff: 1,478
Residents: 179 in 12 Specialties
Volunteers: 375
Recorded Buyer: Phoenix Plaza PT, LLC 2029 Century Plaza E Los Angeles, CA 90067 (310) 556-3041
Recorded Seller: SRI Phoenix Plaza Venture, LLC 555 California St San Francisco, CA 94104 (415) 772-7000
Name: Phoenix Plaza Sale Date: 09/10/2004
Escrow Length: -Sale Price: $118,000,000 - Confirmed
# of Properties: 3Asking Price: -
Sale Type: Investment RBA: 868,907 SF
Land Area: 7.76 AC (338,026 SF) Price/SF: $135.80
Price/AC Land Gross: $15,206,185.57
Recorded Buyer: Phoenix Plaza PT, LLC 2029 Century Plaza E Los Angeles, CA 90067 (310) 556-3041
Recorded Seller: SRI Phoenix Plaza Venture, LLC 555 California St San Francisco, CA 94104 (415) 772-7000
Name: Phoenix Plaza Sale Date: 09/10/2004
Escrow Length: -Sale Price: $118,000,000 - Confirmed
# of Properties: 3Asking Price: -
Sale Type: Investment RBA: 868,907 SF
Land Area: 7.76 AC (338,026 SF) Price/SF: $135.80
Price/AC Land Gross: $15,206,185.57
Presentation BannersI create various presentation banners for our brokers and teams. These are utilized in client meetings to showcase areas, properties and teams.
Medium: Illustrator, InDesign, PhotoShop
Market Knowledge Support
www.colliers.com/melanie.kosach
Interactive PDFsi am currently transitioning our paper materials to digital files as a green initiative within our Phoenix office.
Medium: InDesign, PhotoShop, Acrobat Professional
eBrochures
www.colliers.com/melanie.kosach
Internal MarketingThese are projects that are for internal communication within our Phoenix office for events and notifications.
Medium: InDesign, PhotoShop, Acrobat Professional, Illustrator
Internal Marketing
Colliers Social CommitteePHOENIX | SCOTTSDALE
HalloweenPotluck
October 30th11:30 AM
HUMANS RSVP TO:Bertie Burckle - [email protected]
Enjoy your next chapter
Happy Birthday!We are all stories,
Unfolding day by day.
Entering the Zoo You must have a wristband to enter the Zoo property or pay the normal entrance fee. Please be sure to see Nancy Zimmerman to get your wristband prior to Friday evening!
Parking: Park in the regular Zoo parking lot and walk across the bridge to the entrance. (Zoo Map attached below)
Zoo Location: 455 North Galvin Parkway, Phoenix, AZ 85008 Directions
Party Location: The Stone House Pavilion Bear to the right after passing the Gift Shop :) Zoo Map
Dress: Please dress as appropriate for the venue - warm and festive. The Pavilion is covered, but open to the outdoors. There will be heaters. Event Times: 6:00 PM Zoo Lights opens for the evening 6:30 PM Cocktails 7:00 PM Buffet (no assigned seating) 7:30 PM - 10:30 PM Music & Dancing to the band Crisis
More Information about Zoo Lights
Please drive responsibly! Transportation Services List
F I N A L D E TA I L S
SAVE T H E DATE
You and your significant other are cordially invited to the Colliers Holiday Party.
RSVP by November 28th, 2007 to Nancy Zimmerman 602.222.5095 or [email protected]
Location The Phoenix Zoo
Address: 000 South Papago Road Phoenix, Arizona 85018
Date: Friday, November 30th, 2007
Time: 6:30 PM - Cocktails 7:00 PM - Dinner
Dress: Holiday - Outdoor Attire
S AV E T H E D AT E
www.colliers.com/melanie.kosach
& r o l l
Rockwhat is
your#
vote
today!
1?
Click on the Link Below to Cast Your Vote Now!
The CD will be Handed Out at the August Beer & Wine Tasting at our Office. More Details on the Event to Come...
Enter Today to Ensure Your Song Makes the CD
Rock & Roll PartyThis was a themed party for employees to be welcomed into our new space. Bottom left is the preliminary promotion for the event in both e-mail blast form and poster. Four individual posters were recre-ated in Illustrator. The bottom right is the CD Jewel case with hand sketched art & distributed at the party with the chosen top ten rock and rolls songs.
Medium: InDesign, PhotoShop, Acrobat Professional, Illustrator, Hand Sketch - Black Ink & Charcoal
Internal Employee Event
www.colliers.com/melanie.kosach
This has been an extraordinary year for Colliers International — Greater Phoenix. Our culture at Colliers is to give back to the community by individual and company involvement.
This year our local offices will be sponsoring a toy drive for needy children by collecting new, unwrapped toys to be donated to Maricopa County Hospital.
We invite you to stop by Colliers Café in our lobby for a complimentary seasonal coffee or espresso and donate a toy in the spirit of the season.
‘Tis the Season for Giving
Printed on recycled paper.
Michael R. Fitz-GeraldManaging Director Colliers International — Greater Phoenix
Our Knowledge is your Property
COLLIERS INTERNATIONALFull Service Commercial Real Estate Brokerage
2390 East Camelback Road, Suite 100
Phoenix, AZ 85016 | Phone: 602.222.5000
www.colliers.com/phoenix
Holiday Insert_AllInOne.indd 2 10/29/2007 2:43:52 PM
HolidayWishes
Holiday Insert_AllInOne.indd 1
10/29/2007 2:43:51 PM
HolidayWishes
HolidayWishes
Seasonal Marketing‘Tis the Season for Giving was a campaign I created to raise money for Boys and Girls Club of Metropolitan Phoenix along with a toy drive for the Maricopa County Hospital. We sent cards to our clients letting them know we were giving money in their name for the cause as opposed to sending gifts.
Medium: InDesign, PhotoShop, Acrobat Professional, Illustrator
‘Tis the Season for Giving
Cards sent to clients
Lobby board
Toy Donation Box Wrap