In a unique offering, some 250,000 square feet of mostly office space in a 26-story downtown Phoenix structure is hitting the market.
The space is part of what was formerly the Freeport-McMoRan Center at 333 N. Central Avenue. The structure, which was completed in 2009 at a cost of $175 million, was hailed when opened as one of the first new skyscrapers in the city in nearly a decade.
But in the last several years the mining company giant has slowly moved out nearly all its staff in the structure due to hybrid and remote work strategies, prompting the owner of the building to now put the space up for sale.
Designated as a Class A building, the structure itself, which is now officially called 333 North Central, measures around 520,000 square feet.
The Freeport-McMoRan space comprises eight levels as well as a ground floor lobby, in addition to around 2,500 square feet of retail space.
Designed by the SmithGroup architectural firm, which has offices in Phoenix, 333 North Central features 9-foot-tall floor to ceiling windows, and some 30,000 square feet of space with no columns.
The build also includes a courtyard, fitness center, and restaurant.
The structure is being listed by Peakstone Realty Trust of El Segundo, California.
In moving out of the N. Central location, Freeport-McMoRan set up new headquarters at the 280-acre Cotton Center business park on the southeast side of the city.
August 15, 2025
By Garry Boulard
Photo courtesy of Pixabay
