Parallel Capital Partners Announces New Systems, Protocols to Ensure Commercial Tenants’ Safety During Covid-19 Pandemic

First Commercial Buildings in Downtown Phoenix to Install Plasma Air Systems to Effectively Reduce Airborne Bacteria and Viruses

PHOENIX, Arizona – With safety concerns amid the COVID-19 outbreak mounting, San Diego-based Parallel Capital Partners, Inc. has implemented stringent safety protocols at two Phoenix high rises, including the installation of state-of-the-art Plasma Air sterilization systems at both One Arizona Center and One North Central.

According to Matt Root, CEO and managing partner of Parallel Capital Partners, a commercial real estate investment and operating company which owns and operates properties throughout the southwest, the new systems will be installed in an effort to significantly reduce airborne pathogens in light of the coronavirus outbreak. “With the COVID-19 pandemic changing the way we do business, the safety of our premises is paramount. It is also important for us to ease tenant concerns and devise a plan to ensure they feel comfortable coming into the office,” said Root, “There is growing evidence that clean, disinfected air can help mitigate the spread of the coronavirus, and we believe this system is one of the safest, most energy-efficient and effective ways to reduce or eliminate pollutants in the air – which are also believed to be a factor in causing or exacerbating asthma, allergies, headaches and irritation.”

Root said that the Plasma Air systems – which are designed to proactively attack pathogens via positively and negatively charged oxygen ions, significantly improving air quality – will be installed in the central air conditioning systems of One North Central, a 20-story building on the corner of Washington St. and N. Central Ave., and One Arizona Center, a 19-story high rise within the iconic Arizona Center. “Our goal is to monitor the efficacy of these systems and ultimately install them in other high rise properties in our portfolio.”

In addition to the new Plasma Air systems in both office buildings, Parallel Capital Partners has made adjustments throughout the course of the pandemic to help ensure the safety of employees, tenants and customers. New signs and floor markers have been placed around the buildings and Arizona Center property encouraging social distancing, health and wellness signage appears at all entrances, proper handwashing guidelines are posted in the restrooms and hand sanitizer stations are conveniently placed in the lobbies. Masks are also required when entering the buildings and in all common areas – and are provided if necessary. Additionally, Parallel Capital Partners has hired full-time day porters to clean the buildings throughout the day – with enhanced sanitization requirements in all high-touch areas.