Tag Archives: Liberty Center at Rio Salado

Liberty Center at Rio Salado, a Class A LEED Silver office development in Tempe.

Ground breaks on second building at Liberty Center at Rio Salado

Liberty Property Trust will break ground this week on its second building at its new park, Liberty Center at Rio Salado in Tempe. Located at 1910 W. Rio Salado Parkway, Building Two will be a two-story, 156,030 square foot Class A office building. The project is designed to achieve LEED® Silver certification and the total investment is approximately $33 million.

“Leasing interest in Liberty Center at Rio Salado remains high, and we are excited to continue that momentum with this new building,” said John DiVall, senior vice president at Liberty Property Trust. “Beginning construction of Building Two on the heels of Building One (currently under development) will allow us to meet anticipated demand by delivering more Class A office space with structured parking at the right time in the market. Additionally, we will also be completing the park’s infrastructure and common area amenities.”

Last quarter, Liberty announced that it had signed a lease for the 76,162 square foot first floor of Building One.  The second floor of 78,000 square feet remains available for lease.

In total the park will offer more than one million square feet of office, industrial and flex space. Buildings One and Two are part of Phase I, which when complete will include seven office and one industrial building. Phase II, which will be located across Priest Drive, is slated to include a hotel, retail and additional office buildings.

The architect for building two is RSP Architects, the general contractor is Westpac Construction, and the civil engineer is Wood/Patel.

In 2012, Liberty Property Trust was selected by the City of Tempe as the developer for the 100 acre site located at Priest Road and Rio Salado Parkway. Liberty Center at Rio Salado is centrally located in the heart of the Phoenix Metropolitan Area, offers unparalleled visibility from Arizona Route 143 and Red Mountain Loop 202, and is within minutes of Sky Harbor International Airport and Arizona State University. The location is less than five miles from the company’s fully leased 1.2 million square foot business park Liberty Cotton Center.

Liberty Center at Rio Salado, a Class A LEED Silver office development in Tempe.

Liberty Property Trust Closes Seven Deals in Arizona in the First Quarter 2014

Liberty Property Trust today announced it has closed seven lease agreements totaling approximately 425,000 square feet during a very strong first quarter of 2014.

“We are extremely pleased to announce this record level of lease transactions in Arizona,” said John DiVall, senior vice president at Liberty. “Our high volume of activity includes new leases and tenant renewals, both of which speak to the quality of our customer service as well as to the product we have available in the market.  We sense both office and industrial markets continuing to recover and we are very optimistic about moving forward in the Phoenix market as we continue to expand.”

The quarter was marked by three new leases and four renewals. New leases in the region include:

•    Power-One Renewable Energy Solutions, which signed a new lease for 105,542 square feet at Liberty Sky Harbor Center, located at 2626 S. 7th Street. The agreement brings the complex, which reopened last May after a complete renovation and rebranding, to 100% occupancy.

•   WageWorks Inc., which signed a new lease for 76,162 square feet at 1850 W. Rio Salado Parkway, which marked the first tenant agreement to be signed at the Liberty Center at Rio Salado, the company’s new Class A LEED® Silver office development.

•   The company also reports that it has signed a new lease for 42,639 square feet at 9801 S. 51st Street in Phoenix.

Notable lease renewals in the region include:

•   Veracity Logistics, which has signed a lease renewal for 74,124 square feet at 8313 W. Pierce Street in Tolleson. The company has been a Liberty tenant since 2011.

The Source Bakery, which has signed a lease renewal for 62,194 square feet at Liberty Tolleson Center. Located at 8601 W. Washington Street, the company has been a tenant at the building since 2003.

•   American Beverage Corporation, which has signed a lease renewal for 40,684 square feet at Liberty Sky Harbor, located at 2626 S. 7th Street. The company has been a tenant at the building since 2009.

•   Blood Systems Inc., which has signed a lease renewal for 23,455 square feet at 4405 E. Cotton Center Boulevard in Phoenix.  The company has been a tenant at the building since 2003.

In other news, earlier this quarter Liberty received LEED Silver certification for its newly opened building at 4500 E. Cotton Center Blvd. in Phoenix. The 139,403 square foot Class A two-story office building was built in 2013 and is fully leased to Aetna.

Liberty Sky Harbor Center, which is now at 100% occupancy.

Liberty Sky Harbor Center, which is now at 100% occupancy.

Rio Salado, Liberty Property Trust, WEB

Liberty Property Trust Signs First Tenant at Liberty Center at Rio Salado

Liberty Property Trust has signed a lease with WageWorks Inc. for 76,162 square feet, marking the first tenant agreement to be signed for the company’s Class A office development, Liberty Center at Rio Salado business park in Tempe. Located at 1850 W. Rio Salado Parkway, Building One is a two-story 155,000 square foot development that is designed to achieve LEED® Silver certification, and is slated to come online in October 2014.

“The level of tenant demand for this project is high,” said John DiVall, senior vice president at Liberty Property Trust. “WageWorks is well suited for our new mixed-use business park and its employees will enjoy the contemporary amenities and the live-work-play environment that the park will offer. We look forward to celebrating the opening of their office in Building One later this year.”

“Tempe has been a critical hub for WageWorks and we are excited about expanding our local footprint and moving into the Liberty Center.  As our company continues to grow, this facility will become the new home of the WageWorks Service Center, designed to deliver outstanding service to our employer clients and their participants, and help us recruit and retain happy, healthy and productive employees,” said Joe Jackson, CEO of WageWorks.

WageWorks has leased the entire first floor of Building One, and the second floor comprised of approximately 77,000 square feet is available for lease. Building One is a part of Phase I, which when complete will include seven offices and one industrial building. Phase II, which will be located across Priest Road, is slated to include a hotel, retail and additional office buildings. In total the park will offer more than one million square feet of office, industrial, flex and retail space.

Tim Glenn, Jason Moore, Keith Lammersen and Jim Sadler with JLL represented WageWorks and Megan Creecy-Herman represented Liberty in the transaction.

Liberty Propert Co, Liberty Center

Liberty Property Trust Breaks Ground on Liberty Center at Rio Salado

Liberty Property Trust will today break ground on the first of up to 11 planned buildings at Liberty Center at Rio Salado business park in Tempe. When complete in mid-2014, Building One (1850 W. Rio Salado Parkway) will be a two-story 155,000 square foot Class A office building. The speculative project is designed to achieve LEED Silver certification.

The ceremony will be hosted by William P. Hankowsky, chief executive officer, and John DiVall, senior vice president of Liberty Property Trust with remarks by Tempe Mayor Mark Mitchell.

“Today will mark the start of our largest project to date in Arizona, and we are excited to be getting underway,” said Hankowsky. “Our strategy is to create work environments that can make a difference in the quality of people’s lives. We believe that Liberty Center at Rio Salado – with its sustainable buildings and commitment to amenities such as an outdoor amphitheater and Wi-Fi – will provide a terrific location for creativity, productivity and innovation. This location in Tempe will offer a live-work-play environment.”

In concert with the development of Building One, Liberty will develop the formal entrance to the park near the southwest corner of the intersection of Priest Road and Rio Salado Parkway. Well-known local sculptor and designer Kevin S. Berry is developing an iconic piece for the entrance and several more that will dot the park. Landscaping will feature native plants and the bike and walking paths will link into the City of Tempe bicycle paths.

Liberty is in the process of earthwork and installing infrastructure in anticipation of announcing the development of a sister building by the end of the year. These two buildings are part of Phase I, which when complete will include six office and one industrial building. Phase II, which will be located across the road, is slated to include a hotel, retail and additional office buildings. In total the park will offer more than one million square feet of office, industrial, flex and retail space.

Liberty Propert Co, Liberty Center

Liberty Property Trust Breaks Ground on Liberty Center at Rio Salado

Liberty Property Trust will break ground on the first of up to 11 planned buildings at Liberty Center at Rio Salado business park in Tempe on Monday. When complete in mid-2014, Building One (1850 W. Rio Salado Parkway) will be a two-story 155,000 SF Class-A office building. The speculative project is designed to achieve LEED Silver certification.

The ceremony will be hosted by William P. Hankowsky, chief executive officer, and John DiVall, senior vice president of Liberty Property Trust with remarks by Tempe Mayor Mark Mitchell.

“Today will mark the start of our largest project to date in Arizona, and we are excited to be getting underway,” said Hankowsky. “Our strategy is to create work environments that can make a difference in the quality of people’s lives. We believe that Liberty Center at Rio Salado – with its sustainable buildings and commitment to amenities such as an outdoor amphitheater and Wi-Fi – will provide a terrific location for creativity, productivity and innovation. This location in Tempe will offer a live-work-play environment.” 

In concert with the development of Building One, Liberty will develop the formal entrance to the park near the southwest corner of the intersection of Priest Road and Rio Salado Parkway. Well-known local sculptor and designer Kevin S. Berry is developing an iconic piece for the entrance and several more that will dot the park. Landscaping will feature native plants and the bike and walking paths will link into the City of Tempe bicycle paths.

Liberty is in the process of earthwork and installing infrastructure in anticipation of announcing the development of a sister building by the end of the year. These two buildings are part of Phase I, which when complete will include six office and one industrial building. Phase II, which will be located across the road, is slated to include a hotel, retail and additional office buildings. In total the park will offer more than one million square feet of office, industrial, flex and retail space.

Sierra Vista Hospital

New to Market: November, December 2013

|  Sierra Vista Regional Health Center Replacement Hospital

Developer: Regional Care Hospital Partners

General Contractor: JE Dunn Construction

Architect: Gould Turner Group Architects

Location: State Route 90 and Colonia De Salud, Sierra Vista

Size: 175,000 SF

JE Dunn was recently awarded the $55M Sierra Vista Regional Health Center Replacement Hospital project. The 175,000 SF, 100-bed full-service acute care medical center will be located on Sierra Vista’s existing 77-acre campus.The project is scheduled to start construction in December and will implement a 15-month fast track delivery process. The project broke ground in October 2013 and expects to finish in 1Q of 2015.

 

Turner Spectrum Ridge

Turner Spectrum Ridge

Turner Spectrum Ridge

Developer: Turner Real Estate Investments

General Contractor: Renaissance Companies

Architect: Butler Design Group

Location: Eight buildings on E. Lone Cactus Rd. & E. Salter Dr.

Size: 10,944 SF to 20,040 SF

Brokerage Firm: Voit Real Estate Services

On September 25, construction began on eight free-standing industrial buildings ranging in size from ±10,944 SF to ±20,040 SF. The development includes block-fenced private yards, a minimum of ±1,492 SF of office, clear height 20- and – 24-inch evaporative cooling, 800 to 1200 amps of  277/480v power and A-1 zoning. Buildings are expected to be completed between February and May 2014.

 

Alta Scottsdale

Alta Scottsdale

Alta Scottsdale

Developer: Wood Partners

General contractor: WP South Builders

Architect: Womack + Hampton

Location: Granite Reef and Indian School roads

Size: 190,000 SF

Brokerage Firm: Michael Lieb

Wood Partners broke ground on two four-story Italianate buildings that will house 140 one-bedroom units, 76 two-bedroom units and two three-bedroom apartments with granite countertops, stainless steel appliances, vinyl plank flooring and many locally sourced materials. Residents of this boutique community will have access to a club room and bar area for events and cooking demonstrations, a fitness center and a Frank Lloyd Wright-inspired pool area. Tempered-air corridors will ensure that residents’ front doors are not exposed to the elements. Guests will be greeted in a hospitality-style entrance lobby. Construction on the $38M project is expected to finish in 2Q 2015.

 

|  Manzanita Hall Remodel

Manzanita Hall

Manzanita Hall

Developer: American Campus Communities

OWNER: Arizona State University

General contractor: hardison/downey construction

Architect: Studio Ma with Solomon Cordwell Buenz

Location: University Drive and Veterans Way, Tempe

Size: 218,000 SF, 241 units, 816 student beds

This student dormitory project located on ASU’s main campus features a full gut and remodel of the historic 15-story Manzanita Hall, which was originally built in 1967. The project, which began in February 2012 and ended in October 2013, cost $50.3 million. The new dorm rooms units with two or three bedrooms with one bathroom, and four bedrooms with two bathrooms. Manzy Square, the student dining facility, was also remodeled on the first floor of the building. New social spaces include a fitness center, mail and computer rooms, student lounges and a business center. Exterior improvements include new landscaping and courtyards, and basketball and sand volleyball courts. Subcontractors include HACI, Danco, Wang Electric, AZ Fire Protection, Adobe Drywall, Adobe Paint, Ikon Steel, Sun Valley Concrete & Masonry, American Openings, Kovach, Heritage, Mikada, Fine Line and Dickens Quality Demolition.

 

|  SkySong III

SkySong III

SkySong III

Developer: The Plaza Companies

OWNER: SkySong Office III, LLC

General contractor: DPR Construction

Architect: Butler Design Group

Location: 1365 N. Scottsdale Rd., Scottsdale

Size: 145,000 SF office building and 1,000-space parking garage

The $18.9M SkySong Office III building is a new LEED Certified ground-up 145,000 SF core and shell four-story office building with interior lobby and restroom build-out, including site preparation and development of surface parking, new quadrant roads and a ground plus a four-story +1,000-space parking garage. Construction began in August and is expected to finish in July 2014. Subcontractors include Saguaro Steel and ProSteel, Coreslab, DP Electric, HACI, Irontree, Jones Concrete, Kovach, ALR, Stonecold, DPR Construction Self Perform Work and Otis.

 

|  Garmin International

Garmin International

Garmin International

Developer: Garmin International

General contractor: LGE Design Build

Architect: Cawley Architects

Location: Juniper Drive & Galveston Street, Chandler

Size: 67,000 SF

Garmin – Chandler is a new ground-up office building for Garmin International. This $10M project broke ground September 10 and is anticipated to finish in June 2014. The LEED Silver building features a parking ratio more than 6/1000, tilt concrete construction, a two-story atrium and outdoor amenities such as basketball and volleyball courts. This project will be designed, engineered and permitted in 120 days with construction scheduled for 240 days.

 

|  Heritage Marketplace

Heritage Marketplace

Heritage Marketplace

Developer: LGE Design Build

General contractor: LGE Design Build

Architect: Cawley Architects / AV3 Design

Location: Gilbert Road and Vaughn Avenue, Gilbert

Size: 31,000 SF

Brokerage firm: Brad Balbo and Matt Milinovich of Strategic

LGE Design Build has recently broken ground on Heritage Marketplace Phase I in the Historic District in Gilbert. Phase I consists of 31,000 SF split into two anchor restaurants and a two-story mixed use office/retail building. Total cost of Phase I is more than $7 million. Future phases will add an additional 30,000 SF to 40,000 SF of retail, restaurant and office space. Phase I pre-leases include Zinburger by Fox Restaurant Concepts and Lolo’s Chicken & Waffles. Completion is slated for 3Q of 2014.

 

|  Liberty Center at Rio Salado

Liberty Property at Rio Salado

Liberty Property at Rio Salado

 

Developer: Liberty Property Trust

General Contractor: Bid

Architect: RSP Architects

Location: Priest Drive and Rio Salado Parkway, Tempe

Size: 810,000 SF

Liberty Center at Rio Salado is a 76-acre, high-performance mixed-use, office complex development offering tenants options for office, flex and light industrial, while providing excellent corporate brand visibility from the Red Mountain Loop 202, Priest Drive and Rio Salado Parkway. The development will later include retail and hospitality. Currently in construction documents, Phase I is a 120,000 SF speculative office building with 80,000 SF on the first floor and 40,000 SF on the second. The building orientation includes views of Camelback Mountain and Papago Park to the north. The campus incorporates a bike path of nearby Tempe Town Beach Park and also features an outside amphitheater. Liberty Center appeals to businesses with its central location and high visibility, as well as to the general public with its Sonoran Desert themed landscape and access to the existing Tempe Town Beach Park walking and bike path. The project is designed to be LEED Certified.