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The 3200 N Central Building, formally known as Great American Tower, is a high-rise office building located along Central Avenue in the Uptown area of Phoenix, Arizona, United States. The tower rises 24 floors and 320 feet (98 m) in height. [1] [3] Owned by DPC Companies and Bridge Commercial Real Estate, 3200 N Central was built in 1985. [2]
In 2004, prominent New York real estate developer Donald Trump proposed a $200 million luxury hotel-condominium development at 26th Street and Camelback Road in the highly upscale Camelback Corridor (near the Arizona Biltmore Hotel and the Biltmore Fashion Park shopping center) of Phoenix.
VEREIT, Inc. was a real estate investment trust headquartered in Phoenix, Arizona that invested in single-tenant retail, restaurant, office and industrial properties. As of December 31, 2020, the company owned 3,831 properties with an aggregate of 89.7 million square feet. [1]
William Zeckendorf Sr. (June 30, 1905 – September 30, 1976) was a prominent American real estate developer.Through his development company Webb and Knapp — for which he began working in 1938 and which he purchased in 1949 — he developed a significant portion of the New York City urban landscape.
From the late 1960s [7] through the 1990s, Bigelow developed commercial real estate hotels, motels and apartments. [8]In his real estate career, Bigelow built approximately 15,000 units and purchased another 8,000.
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]