The cable provider's call center, set to open next month, will bring more than 300 new jobs to Phoenix, says Charles Miscio, a first vice president with CB Richard Ellis Inc. He and CBRE's Keith Lambeth represented Park Central's building owner, Phoenix-based Pensus Group.
Miscio tells GlobeSt.com that Cable One will occupy second floor space that is already built out with cubicles. "It really plug and play space," he says. The space was formerly occupied by Tenet Physician Healthcare, which did an early termination more than 12 months ago.
Built in 1957 as Phoenix's first regional shopping center, Park Central was renovated in 1997 after major anchors JCPenney, Dillard's and Robinson's pulled out and triggered an exit by several smaller retailers. The mid-town Central Avenue center is now a mixed-usefacility featuring 15% retail and 85% office space.
The addition of Cable One, a subsidiary of the Washington, DC-based Washington Post Co., brings Park Central to 99% leased. The asking rate for the building is $17 per sf modified gross. Cable One was represented by Jerry Roberts and Jim Fijan with CBRE's Phoenix office.
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