Renovated 1980’s Office Space Now Has Class A Quality
Built in 1961, Grand Central Tower is one of the tallest buildings in Phoenix, Ariz. consisting of a 20-story high-rise office building with a 4-story attached building that was added on in 1989. Located between Downtown Phoenix and the North Central markets, Grand Central Tower’s 133,619-square-foot office space is a great leasing option for many business types due to its Class B rating.
To keep up with increased competition from new Class A office projects and to reposition themselves for today’s workforce, it is essential for owners to find value-added solutions for their outdated commercial office assets. Being that Grand Central Tower was erected in the late 80’s, international design firm Ware Malcomb of Scottsdale, Ariz. knew the 287,269-square-foot property had to be brought up-to-date with interior and exterior upgrades to accommodate the growing rate of Class A competition while keeping Class B rental rates.