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PHOENIX-The second phase of Pinnacle Park Business Center has hit 98% occupancy, getting a 59,907-sf boost from Nationpet. The retailer's seven-year expansion lease is valued at $3 million.
Nationpet will move in April 1, 2007 to its new headquarters and distribution center at 23040 N. 11th Ave. The supplier of cat supplies and furniture to PetSmart, PetCo, Target and others currently operates in 20,000 sf at 2005 W Parkside Lane.
The 159,714-sf office/warehouse's other top tenant is Diamondback Tactical, which has 57,846 sf. Additional tenants are Premiere Industrial Supply, RKF Architectural Inc., Hufferman Inc. and Carlson Systems LLC.
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