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<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F49e0bf93-7905-4d6a-b15e-2b4041fc207e%2F9f8a7c27-2a13-41e7-ad2e-ff832e423664" onerror="this.style.display='none'" alt="Concord Place Image" style="object-fit: cover; width: 200px;" />
 Office 
 
 Concord Place
 
 Phoenix, AZ 
 By Cushman &amp; Wakefield

 <a href="/user/89a12f9f-1559-409c-9355-3447cf16293d" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Chris Toci</a>
 
 Executive Managing Director
 
 
 <a href="tel:(602) 615-0999" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(602) 615-0999</a>
 

 <a href="https://platform.reverecre.com/project/49e0bf93-7905-4d6a-b15e-2b4041fc207e" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

Cushman & Wakefield plc (together with its subsidiaries, “Cushman & Wakefield,” “the Company,” “we,” “ours” and “us”) is a leading global commercial real estate services firm with an iconic brand and approximately 50,000 employees led by an experienced executive team. We operate from over 400 offices in 60 countries, managing over 4.1 billion square feet of commercial real estate space on behalf of institutional, corporate and private clients. We serve the world’s real estate owners and occupiers, delivering a broad suite of services through our integrated and scalable platform. Our business is focused on meeting the increasing demands of our clients through a comprehensive offering of services including Property, facilities and project management, Leasing, Capital markets, Valuation and other services. In 2020, 2019 and 2018, we generated revenues of $7.8 billion, $8.8 billion and $8.2 billion, respectively, and service line fee revenue of $5.5 billion, $6.4 billion and $6.0 billion, respectively.

Vice Chair

Managing Director

Executive Managing Director

Sales Team

Six-story, ±135,841 SF landmark office building featuring palatial Old World European architecture.

High Occupancy & Stable Tenancy – ±95% leased with a 96.2% historical occupancy rate since 2014 and an occupancy level that, for 25 years, never dipped below 80%.

Sticky Tenant Base & Small-Suite Demand – Floor plates designed for Phoenix’s strongest leasing segment—small office tenants.

Below-Market Rents & Value-Add Potential – In-place lease rates are ±7.84% below market, offering a clear path for NOI expansion.

Significant Discount to Replacement Cost – Well below the ±$600/SF cost to replace commodity office.

Strategic Location in High-Income Corridor – Located at the convergence of Arcadia, Biltmore, and Paradise Valley, surrounded by executive housing, top-tier amenities, and major employers.

Chris Toci leads a Capital Markets team that advises private capital and institutional real estate investors in the disposition and acquisition of income-producing properties throughout the West. Gifted in negotiation, Mr. Toci and his team have perfected the nuanced art of investment sales.

Over the past two decades, Chris has closed over 200 single asset and portfolio transactions comprising over 31.5 million square feet with total consideration of $4.95 billion. With client advocacy as his primary objective, Chris fiercely represents his clients, not the transaction. He is their “sword” and their “shield” and is constantly hacking and defending on their behalf.

Chris leads an experienced, forward-thinking team of professionals committed to delivering innovative marketing solutions that maximize value in the disposition of income-producing properties. Every asset has a “story,” and Chris and his team are adept at identifying the key asset storylines and articulating, through forceful prose, the elements that drive value.

Maniacally focused on key performance indicators (KPIs), through the disposition of nearly $5.0 billion of income-producing real estate, Team Toci has consistently exceeded client expectations. In the execution of 200+ transactions, Team Toci enjoys a 103% "trade-to-take" ratio. In other words, the team hits its pricing mark 103% of the time.

Overview

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