YPI has marked a significant milestone in its expansion strategy with the acquisition of 3200 Central, a Class A high-rise office building in the heart of downtown Phoenix.
The property consists of a 25-story, high-image office building totaling 350,049 square feet along with an adjacent five-level parking structure providing 1,048 secured spaces (3.0:1,000 SF).
The Property offers immediate access to the Valley Metro Light Rail (via the Osborn and Central station) as well as, visibility and signage to over 23,000 cars per day, providing unrivaled access
to a large, diverse labor pool. Additionally, the submarket benefits from a host of surrounding amenities, including notable restaurants, retail shops, hotels/resorts and is two miles (5-minute drive) from Downtown Phoenix.
The building features modernized finishes, new tenant amenities, and functional floor plates that maximize usability and views. The Property also provides abundant covered parking in its adjacent, five-level parking structure, and is within walking distance to the Osborn/Central Avenue Metro Valley Light Rail station.
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