Aviall took 13,102 sf through a seven-year lease. The Dallas,TX-headquartered Aviall is a subsidiary of Boeing CommercialAviation Services. The company, which is paying above the $.79 persf ask because of significant TIs, will take possession of itsspace at Dobson and Broadway Roads during mid-summer, 2008.

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Appliance Parts Depot, also headquartered in Dallas, will moveinto its 4,447-sf space within the next few weeks. The companysigned a five-year lease that came just under its $.89 per sfasking rate, as the company is contributing its own tenantimprovements.

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Situated on 52 acres, Broadway 101 Commerce Park was built intwo phases. The Dallas-based Lincoln Property Co. completed thefirst phase in 2006, while recently putting finishing touches onthe 404,000-sf phase two. Cooper Sutherland, Lincoln Property Co.'sfinance and development manager says a tenant will be signing alease for 6,500 sf in the second phase during June, with a move-inanticipated by late summer.

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He tells GlobeSt.com that, while there is more land for apossible third phase at Broadway 101 Commerce Park, there are nodefinite plans for development at this time. "Between thecompletion of Broadway phase two, and another project, 10 Chandler,we've completed about a million sf of spec in the past severalmonths," he comments. "Right now, we're trying to do deals, andwe've had good activity." He adds that Lincoln Property Co. islooking for existing product in the Phoenix market as well.

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Senior vice presidents Kevin Cosca and Pete Wentis with CBRichard Ellis' Phoenix office represented Aviall, while ApplianceParts Depot was self-represented. Senior vice presidents Michael C.Haenel and Andrew Markham and senior associate Marc Tuite with thePhoenix office of Grubb & Ellis/BRE Commercial LLC negotiatedon behalf of Lincoln Property Co.

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