PHOENIX, Arizona – Cushman & Wakefield has announced that Atlanta-based Randstad, a global leader in HR services, signed a 10,668-square-foot (sf) lease at 3838 N. Central Avenue in Phoenix.

On behalf of Randstad, the transaction was completed by Curtis Chickerneo and Larry Downey of Cushman & Wakefield’s Phoenix office and Allison Bittel of Cushman & Wakefield’s Atlanta office. John Bonell, Brett Abramson and Chris Latvaaho of Jones Lang LaSalle represented the landlord, San Diego-based Parallel Capital Partners, Inc.

Randstad will be relocating and consolidating its offices into one location at 3838 N. Central Avenue. The company plans to move in this month.

3838 N. Central Avenue is part of City Square, midtown Phoenix’s prominent mixed-use project consisting of three Class A office towers totaling over 724,387 sf. The site provides tenants with a first-class business environment including high speed internet and fiber optics, City Square Sports Club, Hilton Garden Inn, on-site restaurant facilities, on-site childcare facility, barbershop, shoe shine, beauty salon, easy access to major banks, 24-hour guard services, and on-site management and engineering.

“3838 N. Central Avenue provided a great opportunity for Randstad to consolidate a few offices in the Valley to one central location while reducing their overall square footage and leasing costs,” said Chickerneo.

Move will allow improvements and modernization to better serve customers

PIMA COUNTY – Pima County Development Services has moved its offices from the first floor to the second floor of the Public Works Building, 201 N. Stone Ave.

The move was made to accommodate renovations to first-floor offices, which the department has occupied since 1991. The updates are necessary to better serve customers and prepare the office for changes that have occurred in the ways the public is served.

In the nearly 30 years since moving into to the current space the development industry has undergone many changes, shifting from an industry where all materials were submitted on paper to one where the majority of work is done digitally. Today, most customers submit plans electronically through the Development Services website, no longer needing to submit physical plans over the counter.

New software and GIS technology has streamlined the plan review process allowing staff to complete reviews more quickly. In addition, with most records and documents stored electronically, the public now has remote access and no longer needs to come to the office to request and view plans and other documents.

improvements include a new HVAC system, open floor plan, additional conference spaces and a modernized lobby area for customers.

Once the renovations are completed, Development Services will be consolidated on the first floor, rather than the two floors occupied now.

TUCSON, ARIZONA – Chicago-based, Boyd Watterson Asset Management affiliate, Boyd State Tucson, LLC (Kristen Frank, VP Asset Management) bought the building at 2255 West Ina Road in Tucson for $10 million ($216 PSF) in an all-cash transaction.

The 3-story, 46,094-square-foot, high profile building was fully leased to government agencies at time of sale. The Department of Economic Security (DES) occupies the 1^st and 2^nd floors while an undisclosed GSA tenant recently leased the 3^rd floor.

Located at the southwest corner of Ina and La Cholla Blvd. in northwest Tucson, the building was built in 1981 as a charter school originally, dba Sonoran Science Academy. The seller purchased it in 2017 for $3 million with a 52,276 -square-feet of excess land in an REO sale. The seller, WRM Loans and PVP Investments did major renovations to the building.

Phil Skillings and Andrew Sternberg with NAI Horizon of Tucson handle building leasing and are also the listing agents to contact for the 52,276-square-foot vacant pad.

For more information, Sternberg should be reached at 520.729.1694.

To learn more, see RED Comp #6441.