RYAN COS. TO DEVELOP OFFICE PROJECT
PHOENIX — Ryan Cos. has acquired a 4.8-acre land parcel at 3900 E. Camelback Rd. in Phoenix to develop a Class A office complex. 3900 Camelback Center will feature 177,520 square feet of office space. The three-story, LEED-certified project includes two levels of executive underground parking with direct access to the building’s lobby. Completion is slated for fourth quarter 2009. Ryan Cos. plans to relocate its Western Regional Headquarters to the new development. Jeff Wentworth, Blake Hastings and Nicole Cooley of Grubb & Ellis|BRE Commercial are the exclusive leasing agents for the property.