Tucson Regional Economic Opportunities, Inc.
Language:

    

For Immediate Release

Contact:

Brian P. Mahoney

Sandra Manley

The Rockefeller Group

The Rockefeller Group

(212) 282-2590

(212) 282-2123

bmahoney@rockgrp.com

smanley@rockgrp.com

Rockefeller Group Development Corporation

Breaks Ground on Distribution Center

- 113,000 SF Building Can Accommodate Single or Multi-Tenants -

PHOENIX, AZ, January 13, 2009– Rockefeller Group Development Corporation (RGDC), through its regional office in Phoenix, AZ, has broken ground on the first of three distribution buildings on a 21.5-acre pad-ready, approved industrial site in the Tucson Airport Commerce Center. The first building, a 113,000 sf state-of-the-art speculative distribution building, will be completed and ready for occupancy in June 2009.

“RGDC is excited to begin work on Rockefeller Group Distribution Center, Tucson. Prospective tenants will be drawn to the site because of its proximity to the Tucson Airport and the I-10 and I-19 freeways,” said Mark Singerman, Regional Director of RGDC’s Arizona office. “There is clearly a shortage of Class A industrial space in Tucson and with the growth that the area is seeing in the technology industry, including manufacturing and call and data centers, RGDC believes that the distribution center will be very successful.”

According to Singerman, companies looking to distribute product from Tucson want a high quality, state-of the art building. The Class A, 100% concrete building will be LEED-certified, have more than ample parking and truck court areas, 30’ clear height and ESFR sprinklers. Other available space within the city is much further from the airport, cannot be subdivided, and is generally outdated.

“We are thrilled that The Rockefeller Group has picked Tucson as their city of choice for this Class A industrial development,” said Joe Snell, TREO President & CEO. “This is one of only two spec buildings nationwide currently under construction by Rockefeller, which makes this even more exciting for Tucson. This 113,000 square foot facility has the potential to be a multi-tenant building, meaning that it will likely be the perfect fit for attracting businesses in our targeted industries.”

The building can be subdivided to accommodate up to 4 tenants needing space between 28,000 and 33,000 sf and also includes a 3,300 sf speculative office in one of the lease spaces.

RGDC is headquartered in Manhattan, NY and is a national owner, developer, and manager of prestigious commercial real estate properties. Its developments include corporate headquarters, landmark properties, multi-use urban complexes, multinational distribution facilities, suburban business parks, and foreign trade zones. RGDC, with regional offices in Arizona, California, Florida, and New Jersey, is an operating company of The Rockefeller Group, developer of Rockefeller Center in New York City.

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Release #6934