Biltmore Center

Phoenix AZ
On the Market
Property Type :
Office
Year Built :
1985
Property Size :
8.14 acres / 643,415 Sft

Overview

Holliday Fenoglio Fowler, L.P. ("HFF"), as exclusive advisor, is pleased to present this offering for Biltmore Center (the "Property"), a 643,145 square foot, best-in-class office asset located at the irreplaceable location of 24th and Camelback. Currently 89% leased, the asset provides investors with a unique combination of stable in-place cash flows, credit tenancy, mark-to-market upside potential and the opportunity to acquire the asset at a significant discount to replacement cost. Since 2009, more than $26.8 million of capital has been invested into Biltmore Center, including lobby modernizations, renovated common areas and parking garage updates, which have served as a catalyst for the recent leasing velocity. Biltmore Center offers investors an extremely rare investment opportunity to acquire an iconic, best-in-class asset at the preeminent intersection of 24th and Camelback.

Map

Documents

If you are interested in obtaining more information from HFF, please execute the confidentiality agreement below. HFF will review the signed agreement and contact you as soon as possible.

Contact Information

Benjamin Geelan2398 E. Camelback Road
Suite 520
Phoenix, AZ 85016
P: 6026488712
F: 6026488701

bgeelan@hfflp.com
Michael Leggett101 Second Street
Suite 800
San Francisco, CA 94105
P: 4152766924
F: 4152766306

mleggett@hfflp.com