NAIOP ARIZONA TROLLEY TOUR TO HIGHLIGHT TEMPE DEVELOPMENTS

The 2014 NAIOP Arizona Trolley Tour hits the road Oct. 23 with stops at three of Tempe’s landmark developments: Marina Heights, Hayden Ferry Lakeside III and Liberty Center at Rio Salado.

Trolleys will begin providing tours at 4 p.m. at Tempe Center for the Arts, where cocktails appetizers will be served until 7 p.m. Cost is $50 for NAIOP Arizona members and $100 for non-members.

The first stop is Hayden Ferry Lakeside III, which is being developed by Parkway Properties. The $70 million, 265,000 SF office building is scheduled to be completed in September 2015.

Hayden Ferry Lakeside III

The next stop is Liberty Center at Rio Salado, which is being developed by Liberty Property Trust. At full build out, Liberty Center will be a 1 MSF mixed-use project. Construction was recently completed on the first building of 155,000 SF with a second building of the same size currently under construction.

The final stop is Marina Heights, on the bank of Tempe Town Lake. The 2 MSF office and retail project is being developed by Sunbelt Holdings and Ryan Companies US. Completion is expected by 2017.

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