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Office & Industrial
Raytheon Company
Tucson, AZ
143,650 SqFt
Built in 2002
Core Plus
Investment Highlights
- 100% leased to Raytheon Company ("Tenant"), the predecessor to Raytheon Technologies (RTX) created when Raytheon Company and United Technologies merged in 2020
- Early long-term extension at Raytheon's request and invested over $3.2 million of their own funds to buildout additional classified laboratory space
- Unique prime value-add +/- 5.8 acre development parcel in an opportunity zone
- Raytheon has had over a seven decade presence in Tucson and recently completed a local office consolidation process and vacated several buildings while retaining occupancy at this Asset