Developer to build new Phoenix office project

Map courtesy of Cushman & Wakefield
Map courtesy of Cushman & Wakefield

By Roland Murphy for Arizona Builder’s Exchange

Douglas Allred Company has purchased a 64,853SF industrial building at 4039 E Raymond St. in Phoenix for $3.6M. The company plans to remove the existing building to make way for an office project.

The new building, to be known as Allred 40, will be a two-story, 90KSF structure.

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