 |
| Riverview Point rendering, Southeast Valley, Phoenix, AZ |
PHOENIX, AZ – Harvard Investments announced it will partner
with Lincoln Property Company (LPC) to develop the second and final phase of Riverview
Point, a Class A office project directly adjacent to the 250-acre Mesa
Riverview mixed-use property in Phoenix’s booming Southeast Valley.
The new Harvard-LPC development is located on the borders of
Mesa, Tempe and Scottsdale, just six miles east of Phoenix Sky Harbor
International Airport and accessed via Loop 101 at Rio Salado Parkway and via
two full-diamond interchanges along the Loop 202 at Dobson and Alma School
roads.
Harvard Investments purchased the 19.55-acre land parcel for
the new project from Montana Avenue Capital this week. In conjunction with LPC,
Harvard Investments will build two new, Class A office buildings on the site: a
three-story, 150,000-square-foot building and a two-story, 105,000-square-foot
building. LPC will direct development of the project. It will also market the
opportunity to build-to-suit prospects and anchor tenants.
 |
| Craig Krumwiede |
“This project represents all of the things that make the
Southeast Valley so exceptional–retail, dining, entertainment, and corporate
environments, all linked by some of the state’s best educational assets and
busiest transportation corridors,” said Harvard Investments President Craig
Krumwiede.
“These are key elements in an investment project, and they
are what will make this property a strategic opportunity for companies looking
for that next great address.”
Dave Carder, Luke Walker and Eric Schultz, from the
Phoenix office of CBRE, brokered the land transaction and will assist with the
project’s marketing and leasing efforts. The Davis Experience serves as the
project architect and Wespac Construction serves as the general contractor.
For a complete copy of the company’s news release, please
contact:
Stacey Hershauer
focusAZ
Marketing & Public Relations
(480) 600-0195
No comments:
Post a Comment