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8/16/19
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Trammell Crow Company (TCC) Phoenix has unveiled plans for its newest development, Axis Raintree. The Scottsdale, AZ project will include a 175k sf, three-story, Class A speculative office building with a structured garage. Construction is scheduled to begin in October 2019 and will be completed in 4Q 2020.
Designed by RSP Architects, the office building will feature 16’ deck-to-deck volume, expansive glazing, large efficient floorplates, several tenant amenity areas, structured parking and outstanding views of the McDowell Mountains.
The property is easily accessible from the Loop 101 Freeway, providing access to a deep, diverse labor pool. The area is also a leading retail destination with immediate adjacency to an abundance of retail amenities, proximity to Kierland Commons, Scottsdale Quarter and Scottsdale Promenade and features world-class resorts including the Westin Kierland, the Fairmont Scottsdale Princess and the JW Marriott Desert Ridge.
TCC acquired the 8.24-acre site, located at the southwest corner of East Raintree Dr and North 87th St in Scottsdale, in April 2019. CBRE’s Bryan Taute and Charlie will serve as the exclusive leasing agents for the project.
“Axis Raintree will be the first Class A building to deliver in the Scottsdale Airpark submarket since the completion of Scottsdale Quarter Block M in 2015,” said Taute. “With only 255k sf of new Class A space delivered in the submarket since 2010, this Class A project presents an exciting opportunity to capitalize on high-quality, dynamic office space demand near major transportation corridors.”
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