CityScape New Headquarters For Jennings Strouss in June 2010
Jennings, Strouss & Salmon, PLC, one of the most respected law firms in the Valley, will move its Phoenix headquarters to CityScape, a 1.8-million-plus-square-foot urban development located at the core of downtown Phoenix.
The Jennings Strouss & Salmon lease totals approximately 54,000 square feet and brings occupancy commitments for CityScape's office tower to more than 55 percent. The law firm will be relocating to CityScape in June 2010.
RED Development L.L.C. is the developer of CityScape, a multi-use project that is part of the resurgence of downtown Phoenix. The property, which is adjacent to the US Airways Center and within two blocks of Chase Field, encompasses two linear blocks. The boundaries are: 1st Avenue to the west, 1st Street to the east, Washington Street to the north, and Jefferson Street to the south.
"CityScape has been eagerly anticipated in downtown Phoenix for the vibrancy it will bring to the area, and we're pleased to be part of it," said John C. West, managing attorney with Jennings, Strouss & Salmon. "The new office building offers efficient space planning options and the opportunity to roll out a state-of-the-art work environment for our firm. We're excited about this move."
"The availability of new Class A office space in a mixed-use development that incorporates the entire downtown district has attracted many major tenants to CityScape," said Keith Earnest, vice president of development at RED Development. "There is a unique opportunity to capture the true nature of a 24/7 downtown environment."
The first phase of CityScape includes a 575,000-square-foot office building and 1,250 below-grade parking spaces, as well as approximately 180,000 square feet of retail and restaurant space. The first phase is scheduled to open late in 2009. The development's second phase includes additional retail and a four-star Kimpton Hotel Palomar.
Other signed tenants at CityScape include AJ's Fine Foods; a Fox Restaurant Concepts restaurant; and Urban Outfitters.
Sam Merek, Blaine Black and Brian Black with Cushman & Wakefield handled the lease transaction for Jennings, Strouss & Salmon.
Jennings Strouss & Salmon is consistently ranked among the top law firms in Arizona. Founded in 1942, the firm provides a comprehensive range of transactional and litigation services to a diverse client base. The firm employs more than 90 attorneys and has offices in Phoenix; Peoria, Ariz.; Las Vegas; and Washington D.C. For more information, visit: www.jsslaw.com.
RED Development, formed in 1995, develops, leases, manages and owns real estate developments in rapidly growing communities throughout the Midwest and Southwest. RED has 30 centers open, in development, or under construction, totaling nearly 19 million square feet. Within the industry, RED has earned a reputation for delivering as promised and creating strong relationships with its tenants, communities and business partners. RED has nearly 200 employees and is co-headquartered in Scottsdale, Ariz., and Kansas City, Mo. To learn more, visit www.reddevelopment.com.