AZBigMedia
Cousins Properties and Hines announced today that they have commenced development of 100 Mill, a 287,000-square-foot, 18-story office tower in downtown Tempe, Arizona. Cousins has a 90% ownership interest and Hines has a 10% ownership interest in the joint venture developing the project.
Located on the southwest corner of Mill Avenue and Rio Salado Parkway and adjacent to Cousins’ existing 1.3 million square foot Tempe office portfolio, 100 Mill is now 44% pre-leased, with two long-term lease commitments from a Fortune 100 company and a professional services firm.