Project Type: Historical Projects

  • 3550 Tower

    3550 Tower

    Property Details

    3550 Tower

    Property Information


    ADDRESS: 3550 N Central Ave,
    Phoenix, AZ
    SIZE:  290,000 SF
    DATE ACQUIRED: May 2012

    Property Description

    Originally constructed in 1960 and once the tallest building in Phoenix, this 20-story high-rise tower still dominates the Midtown submarket’s Central Avenue corridor. The 290,000-square-foot property underwent a multi-million dollar renovation that has catapulted it into the 21st century, ensuring its relevance for years to come. The easily accessible property is surrounded by new development as the Midtown submarket continues its transformation to a “live, work, play” neighborhood.

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  • Black Canyon Tower

    Black Canyon Tower

    Property Details

    Black Canyon Tower

    Property Information


    ADDRESS: 10851 N Black Canyon HIGHWAY, Phoenix, AZ
    SIZE: 145,000 SF
    DATE ACQUIRED: March 2015

    Property Description

    Black Canyon Tower is an eight-story, Class A office tower in the heart of the Interstate 17 corridor. Already considered a top choice by tenants within this reinvigorated submarket, the property has undergone a full-scale renovation to modernize the improvements and further enhance the property’s appeal. Common area remodels, system upgrades, and an overhaul of the exterior has ensured Black Canyon Tower maintains its status as a premier asset.

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  • Deer Valley Professional Center

    Deer Valley Professional Center

    Property Details

    Deer Valley Professional Center

    Property Information


    ADDRESS: 20414 N 27th Avenue,
    Phoenix, AZ
    SIZE: 86,000 SF
    DATE ACQUIRED: June 2010
    REDEMPTION: June 2012

    Property Description

    Deer Valley Professional Center is an 86,000-square-foot office property wherein the senior debt position was acquired directly from the bank at a 52% discount. The property was then foreclosed on, asset management was taken in-house, and the occupancy was increased to 90%. After completion of the business plan, Fenway was redeemed by its equity partner per a previously negotiated arrangement.

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  • Valley Commerce Center

    Valley Commerce Center

    Property Details

    Valley Commerce Center

    Property Information


    ADDRESS: 4745 & 4747 N 7th Street, Phoenix, AZ
    SIZE:  217,000 SF
    DATE ACQUIRED: September 2006

    Property Description

    Valley Commerce Center is a 217,000-square-foot office complex in the heart of Central Phoenix. The two, four-story office buildings surround a common area courtyard complete with bocce ball courts, ping-pong tables, open seating areas, water features, and manicured landscaping. Other on-site amenities include a gym, locker rooms with showers, and an executive conference room.

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  • 3333 East Camelback Road

    3333 East Camelback Road

    Property Details

    3333 East Camelback Road

    Property Information


    ADDRESS: 3333 E Camelback Road, Phoenix, AZ
    SIZE:  96,000 SF
    DATE ACQUIRED: September 2013

    Property Description

    This 96,000-square-foot office property is located in the prestigious Camelback Corridor. Its polished stone veneer and reflective glass exterior provide ample presence along the heavily travelled Camelback Road. Building and site upgrades included new paint, finishes, lighting, flooring, landscaping and courtyard awnings. The property’s proximity to numerous retail amenities, luxury residential housing and lodging, and coveted Class A buildings make its location one of the most desirable in the Phoenix market

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  • Extra Space Storage

    Extra Space Storage

    Property Details

    Extra Space Storage

    Property Information


    ADDRESS: 3615 – 3625 N 27th Avenue, Phoenix AZ
    SIZE: 120,000 SF
    DATE ACQUIRED: January 2015

    Property Description

    Formerly an office, data processing, and depository center for Bank One, this 120,000 square foot property sits on just over six acres located adjacent west of Interstate 17. After evaluating multiple business plan options, Fenway renovated and repurposed the asset as a self-storage facility, currently operated by Extra Space Storage. https://www.extraspace.com/storage/facilities/us/arizona/phoenix/1000001474/

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  • Arrowhead Fountains

    Arrowhead Fountains

    Property Details

    Arrowhead Fountains

    Property Information


    ADDRESS: 16150 North Arrowhead Fountains Center Drive, Peoria, AZ
    SIZE: 96,798 SF
    DATE ACQUIRED: February 2016

    Property Description

    Purchased along with Scottsdale Norte as a gallery deal, this 3-story, multi-tenant office building is located east to the West Loop 101. This institutional-quality property was 88% occupied at the time of purchase by national tenants such as Fidelity Title, RBC Capital Markets, and Wells Fargo. The building’s flexible floor plates allow for multiple tenant configurations, and the overall lack of quality office space in the submarket continues to benefit the property’s desirability. Recent capital upgrades and renovations include exterior enhancements, landscaping and hardscaping, restroom and corridor remodels, and new interior finishes and décor.

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  • Scottsdale Norte

    Scottsdale Norte

    Property Details

    Scottsdale Norte

    Property Information


    ADDRESS: 11333 North Scottsdale Road, Scottsdale, AZ
    SIZE: 81,266 SF
    DATE ACQUIRED: February 2016

    Property Description

    Purchased as a portfolio deal, this 2-story multi-tenant office building is located on Scottsdale’s primary thoroughfare in the desirable Central Scottsdale submarket. The building is proximate to retail and commercial amenities in addition to being near the executive housing neighborhoods of Paradise Valley, Gainey Ranch, and DC Ranch. The completed capital upgrades and renovations consist of exterior enhancements, landscaping and hardscaping, restroom and corridor remodels, and new interior finished and décor.

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