Building Purchased by Arizona Republican Party Heading Back to Market

The Arizona State Republican Party has announced that it is putting on the market a nine-story, 134,000-square-foot building in Phoenix it purchased just last year.

Located at 3033 N. Central Avenue, the modernistic structure was unveiled in early 1960 as the Mayer Central Building and underwent some renovation work in 2005.

The GOP purchased the structure last summer for just under $2 million, moving from its existing headquarters in Scottsdale. Party leaders at the time said the N. Central Avenue structure was in a more convenient location, some 9 miles to the northeast of the Arizona State Capitol.

Designated as a Class B structure, the building sits on a nearly 3-acre site in a part of the city lined with modern high-rise office properties. It is being listed with the Phoenix offices of Cushman & Wakefield.

At the time of the purchase last year, Jeff DeWitt, then-chairman of the Arizona Republican Party, said the actual office space in the N. Central Avenue building would comprise around 12,000 square feet, with a portion of that space to be rented out to potential tenants.

The building is governed by an association made up of other tenants. But the roughly $11,300 monthly fee required by the association ended up being one of the reasons why the Arizona GOP has since decided to sell the property.

Through the years the building has served as the home of the Arizona Department of

​By Garry Boulard

No Responses

Your comment will be posted after it is approved.

Leave a Reply

Get stories like these right to your inbox. ​Sign up for our newsletter
Archives
Construction Reporter

Show Password Forgot Password?