Barker Pacific Group

Southwest Gas Building - Phoenix, Arizona

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Scope

160,000 square-foot office, eight levels. Includes freestanding co-generation plant developed in joint venture with Southwest Gas Corporation.

Challenge / Description

Ground-up development.

Solution

Gained commitment of Southwest Gas prior to starting construction to lease approximately 65% of the building. Sold in 1998.

Acquired

-

Completed

February 1988. Sold in 1989.

Partners

Barker Pacific Group, Mashburn Hope, and Perini Properties

Financing
Valley National Bank

Major tenants

Southwest Gas Corporation