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12/19/19
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Trammell Crow Company (TCC) Phoenix has started the construction of Axis Raintree, a 175k sf, Class A speculative office development in Scottsdale. Construction of the three-story building and structured parking garage will be complete in the fourth quarter of 2020. The property, which is located at the southwest corner of Raintree Dr and 87th St, was acquired by TCC in April 2019.
According to Cullen Mahoney, a Vice President with TCC Phoenix, the project will be the first Class A office building developed in North Scottsdale since 2015. “The building will have 16-foot deck-to-deck height, abundant floor-to-ceiling glass, and several tenant amenity areas. We believe these modern features will be attractive to prospective tenants looking to upgrade their office space to help in recruiting and retaining employees.”
Designed by RSP Architects, the office building will feature a café lounge, 40-person training room, and views of the McDowell Mountains. Willmeng Construction is the project general contractor.
The property is easily accessible from the Loop 101 Freeway via a full diamond interchange at Raintree. Bryan Taute and Charlie Von Arentschildt with CBRE Phoenix have the leasing assignment.
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