Phoenix tower projects vie for renters amid tough commercial market

Jahna Berry The Arizona Republic 06/22/2009 15:34

Rob Schumacher/The Arizona Republic. Workers help erect part of the CityScape development going up at Washington and First streets in downtown Phoenix. The project's 27-story tower will compete for tenants with One Central Park East, a 26-story office building a few blocks away.

Amid today's cutthroat real-estate market, Jim Fijan drifts off to sleep thinking of ways to rent more office space in a 27-story tower in downtown Phoenix's CityScape complex.

Brad Anderson starts checking his e-mail at dawn. The early start helps him find tenants for One Central Park East, a 26-story office building a few blocks away from CityScape.

Anderson and Fijan work for the same company, CB Richard Ellis. Although the good-natured co-workers say that they don't see each other as rivals, each leads a highly competitive team of brokers who are essentially chasing the same pool of possible tenants.

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