PHOENIX—It’s a property you could drive by and not even notice that it’s there—common stucco, sloping tiled roof, fundamentally bland. But Jim Wentworth Jr. of Wentworth Property Company aims to take that diamond in the rough and turn it into an exciting new office space.

Wentworth Property Company and Northwood Investors bought the 234,446-square-foot office project at 1665 W. Alameda Dr. with the vision to see the unique potential in the property and purchased it for $13.83 million with plans to spend $20 to $25 million on redeveloping the project. They selected Gensler as the architect, Kennedy Design Build, LLC as the general contractor and Cassidy Turley as the leasing agent. The building will house one to three tenants.

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