Cigna Building
Cigna Building
Phoenix, Arizona
Property Address:
11001 N. Black Canyon Hwy.,
Phoenix, AZ 85029
100,000-square-foot office, four levels, 9,000-square-foot freestanding restaurant.
BPG, through its Phoenix affiliate, Barker Mashburn Hope, acquired 29 acres in northwest Phoenix in 1984 for this mixed-use, ground-up development.
Property entitlements were increased to enable greater density. BPG procured Cigna Healthcare of Arizona as the first major tenant, leasing more than 50% of the project before construction started. The project was 100% leased at completion in 1997. The project was sold in 1998.