Thursday, January 7, 2010

Tucson: Seldin Real Estate Upgrades Tucson Building

5151 Broadway tower gets makeover

ARIZONA DAILY STAR

Renovations on a 16-story landmark office tower at 5151 E. Broadway are complete.

The exterior remodeling of the ground floor consisted of installation of high-efficien­cy seamless glass, metal shade structures, fresh land­scaping and color accent. The tower’s lobby was painted cobalt blue and has new wall decorations.

The building, known as 5151 Broadway, sits on 8.3 acres. Recently signed new tenants include QuikTrip, which oper­ates convenience stores, and Tucson College, a vocational school that focuses on health and trade programs. The building is 73 percent occu­pied.

The property is owned by Tucson 5151 Investments LLC, an entity controlled by Scotts­dale- based Seldin Real Estate Inc. Besides 5151 Broadway, Seldin’s local holdings include the 122,000-square foot Misys office building in Williams Centre Business Park on East Broadway.

Construction of the building began in 1973 and was com­pleted in 1975. Although it’s not as tall as the Home Federal Savings Tower at 32 N. Stone Ave., the new high-rise, when it was completed, was the largest office building in Tuc­son, with 265,000 square feet of space.

The tallest building in Tuc­son is the UniSource Energy Tower, 1 S. Church Ave., which was built in 1986 and has 23 floors above ground.

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