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$10 million renovation, rebrand planned for downtown Phoenix high-rise

$10 million renovation, rebrand planned for downtown Phoenix high-rise Sumitomo By: Corina Vanek, Phoenix Business Journal Posted at 9:18 AM, Apr 28, 2021 and last updated 2021-04-28 12:18:21-04 After Sumitomo Corporation of Americas bought the Collier Center in downtown Phoenix for $190 million in late 2019, Transwestern Real Estate Services is planning a $10 million renovation and rebrand to the high-rise. “Alongside Sumitomo, we have planned top-of-the-line renovations that will elevate the iconic building beyond recognition from its previous appearance,” Jim Achen, Transwestern senior vice president, said in a statement. “In light of the Covid-19 pandemic, we have given special consideration to incorporating advanced touchless technology and safe space planning strategies.”

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