CIRI Land Development Co. (CLDC) is actively seeking commercial tenants for its developable properties in Anchorage, including its 20-acre mixed-use office and retail site at 11000 C Street in south Anchorage. In its role as a developer, CLDC designs and constructs office and retail buildings on its properties as they are leased to appropriate tenants that enhance the project’s long-term value to CIRI and its shareholders. In March 2011, CLDC completed construction of a 40,000-square-foot, LEED-certified office building that is fully leased and occupied by Doyon Ltd. and several of its subsidiaries at the 11500 C Street site.
Anchorage’s commercial real estate market slowed along with Alaska’s economy during the past two years, but is steadily improving. CLDC is a real estate development, investment and property management company with a commercial real estate portfolio located primarily in Alaska, Texas, California, and Hawaii. CLDC is a wholly owned CIRI subsidiary and is a certified Minority Business Enterprise. To learn more about CLDC, visit www.cirirealestate.com.
