GES Exposition Services will make the move to its warehouse anddistribution space at 1740 S. 40th Ave. in December. The company's$3.1-million rent payout factors out to about 50 cents per squarefoot. The tenant improvement is $12 per square foot. The conventionand event services company, headquartered in Las Vegas, currentlyhas its local warehouse and office facilities at 201 S. 15thAve.

James Wilson, senior director with Cushman & Wakefield ofArizona Inc. in Phoenix, says GES Exposition didn't so much needmore space as it needed different space. "The space they were inhad become obsolete," the tenant rep says. "They needed to upgradetheir office and warehouse and parking. They just needed the spaceconfigured in a different way and wanted to take advantage of thecurrent market."

Wilson tells GlobeSt.com that the company focused its search onthe city's west side and looked at five potential sites.Ultimately, the two truck court areas, combined with 9,000 squarefeet of office sealed the deal for the tenant. "The space is brandnew, never been lived in," Wilson adds. "This provided a greatability for them to upgrade their image and their facility."

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