Riefkamp Equipment Co. will move into the 4365 W. McDowell Rd.industrial property in September under a $300,000 arrangement withbuilding owner, First Industrial Trust. The industrial warehouse ispart of a two-building, 54,000-sf project that was built two yearsago by Chicago-based First Industrial. The property is about 60%leased to several smaller industrial tenants.

Rich Sica, with Daum Commercial Real Estate Services, whohandled the transaction for the tenant, tells GlobeSt.com that thenational detergent distributor, which was formerly located on AdamsStreet in West Phoenix, was forced to move from its prior locationbecause the building did not meet regulations governing thehandling of detergent materials. Bob Hubbard, with CB Richard EllisInc. in Phoenix, handled the transaction on behalf of the buildingowner.

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