Harsch Investment Properties, a privately-owned real estate company, announces the opening of a new regional office in Tucson, Arizona as of July 13. Harsch plans to add three employees to this office by the end of the year and will use the new location to expand geographic access to its customers across the U.S.
“We are thrilled to be opening an office in Tucson to manage all of our properties in Arizona. Since we began acquiring properties in Tucson and Phoenix, we have looked forward to the day when our Arizona portfolio would grow to the point that justified an office dedicated to serving our tenants and helping them grow,” said Bill Rodewald, Senior Vice President at Harsch. “The Harsch Investment Properties model across all of our Regions is based on managing our own properties to work more closely with each of our tenants. The completion of our new state of the art industrial building in Tucson and the planned Industrial park in Chandler make this new office even more important.”
To support the company’s momentum in Arizona, initial focus for the office will be to support 30 tenants at its six properties located in Phoenix and Tucson. The office, located in Harsch’s most recent development project at Tucson Airport Distribution Center, will open in June. Harsch currently owns 700,000 square feet of office, flex, and industrial space in Tucson and Phoenix, as well as 25 acres of developable land in Tucson and 109 acres of developable land in Chandler, AZ. Harsch is currently headquartered in Portland, OR, with additional offices in Seattle, Sacramento, East Bay, San Francisco, Las Vegas and San Diego.
“Harsch joins a rapidly growing mining and technology sector in the Tucson region that is fueling our entrepreneurial spirit,” said Sun Corridor Inc. President & CEO Joe Snell. “Our low-cost operating environment, supportive business climate and access to talent are a draw for companies looking to go to scale. We look forward to seeing the contributions Harsch will make in the Southern Arizona business community.”
Harsch Investment Properties has experienced record growth over the past five years, with the company expanding by five million net rentable square feet through development and acquisitions of new properties. The new Tucson office opening represents a continuation of the company’s momentum, following the completion of 157,000 square feet of new industrial space at Tucson Airport Distribution Center. Batoun Herrington was hired by Harsch in April to establish the regional office. Herrington has over twenty years of real estate and asset management experience with more than $300 million in assets and over two million square feet of office, industrial and retail properties in Arizona.
About Harsch Investment Properties
Harsch Investment Properties is a privately-owned real estate company that acquires, manages and develops properties for its own portfolio. The company owns and operates 27 million square feet of office, multi-tenant industrial, multi-family and retail properties in six western states. Headquartered in Portland, Oregon, Harsch has regional offices in Portland, Seattle, the San Francisco Bay Area, Sacramento, Las Vegas, San Diego, and Arizona. For further information, visit harsch.com.