PHOENIX—Young's Market Company of Arizona leased 248,900 squarefeet at 402 S. 54th Place in Phoenix. Young'sMarket Company is one of the nation's largest distributors of winesand spirits with operations in California, Hawaii, Arizona, Oregon,Washington, Alaska, Idaho, Utah, Montana and Wyoming.
Cassidy Turley's executive managing directorsAndy Markham, Mike Haenel andvice president Will Strong represented Young'sMarket in the lease negotiations. The team represented Young's inprevious site selections, including a distribution space at 200 S.49thAvenue that is currently available for lease or salewith the Cassidy Turley team.
The landlord, Barley Equities V, LLC(First Beverage Group) was represented byAnthony Lydon and Marc Hertzbergwith JLL. The industrial refrigeration and coldstorage building was the former home of Crescent CrownDistributing.
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