TUCSON-A new office high rise could be on the horizon.
Cummings Baccus, an Austin, Texas-based real estate investment company, only needs a tenant looking for 50,000-sf of office space in the downtown area to green light construction of an office tower, says Dan Cooper, the company's partner for acquisitions.
Construction of a new office tower “will be a function of demand,” he says. “If someone comes along who wants 50,000 to 100,000 square feet, we'll consider building what they need,” Cooper says.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
