Renaissance Square

Renaissance Square
One Renaissance Square
Alternative names Ren Square
General information
Type Commercial offices
Location 40 North Central Avenue
Phoenix, Arizona
Coordinates 33°26′55″N 112°04′28″W / 33.4487°N 112.0745°W / 33.4487; -112.0745Coordinates: 33°26′55″N 112°04′28″W / 33.4487°N 112.0745°W / 33.4487; -112.0745
Completed Tower 1: 1986
Tower 2: 1990
Owner Oaktree Capital Management & Cypress Office Properties
Management Hines Interests Limited Partnership
Height
Roof Tower 1: 105.77 m (347.0 ft)
Tower 2: 113.39 m (372.0 ft)
Technical details
Floor count Tower 1: - 26
Tower 2: 28
Floor area 965,508 sq ft (89,698.6 m2)
Design and construction
Architect Pierce Goodwin Alexander & Linville
Emery Roth & Sons
Developer Trammell Crow Company
References
[1][2][3][4]

Renaissance Square is a high-rise complex located in downtown Phoenix, Arizona. The complex includes two towers: One Renaissance Square at 105.77 m (347.0 ft) with 26 floors, and Two Renaissance Square at 113.39 m (372.0 ft) with 28 floors. Although a part of the same complex, Tower 1 was completed in 1986 while Tower 2 was completed in 1990. Renaissance Square, which is composed of buildings which stand as the sixth- and twelfth-tallest buildings in Phoenix, is entirely an office complex. The two towers are connected by a skyway positioned halfway up the structures.

Ernst & Young has signage rights to Tower 1 while signage rights to Tower 2 are available. Ernst & Young's name and logo can be seen on the northeastern and southwestern elevations. Tower 2 signs are on the east and west elevation.

Developed by Trammell Crow Company, Renaissance Square was sold to the Pauls Corporation in 2005 for US$120 million.[5][6][7] Subsequently in late 2007, the Pauls Corporation sold the complex to the Hines U.S. Core Office Fund for US$273 million.[8] It was the second-largest commercial exchange in Phoenix in 2007.[8] In December, 2016 Oaktree Capital Management & Cypress Office Properties purchased the towers from Hines for US$150 million. In late 2017 the project underwent over US$40 million in building renovations. Lee & Associates has the listing assignment to lease the project.

See also

References

  1. ↑ One Renaissance Square at Emporis
  2. ↑ Two Renaissance Square at Emporis
  3. ↑ "One Renaissance Square". SkyscraperPage.
  4. ↑ "Two Renaissance Square". SkyscraperPage.
  5. ↑ "Hines Acquires Renaissance Square in Phoenix" (Press release). Hines Interests Limited Partnership. 4 January 2008. Retrieved 11 February 2011.
  6. ↑ "Hines Fund to Pay $272.9M for Renaissance Square in Phoenix". CoStar Group. 2007-12-07. Retrieved 11 February 2011.
  7. ↑ "Downtown Phoenix Renaissance towers in escrow for $273 million". Phoenix Business Journal. 2007-12-19. Retrieved 2008-07-19.
  8. 1 2 "Real Estate Briefs: Investor scores big on sale of Renaissance Square towers". Phoenix Business Journal. 2007-12-28. Retrieved 11 February 2011.
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