Phoenix Industrial Lease Will Create 100 Local Jobs

Westcore has signed a 400,000-square-foot lease with ABB Electrification West80 in Phoenix. Westcore acquired the property in August last year and built a spec suite on the site. The lease deal, which is for the entire property, is expected to create 100 new local jobs in the market. The terms of the lease were not disclosed.

“The tenant appreciated the fact that they were going to be the first occupant in a brand-new building, and that they could have the entire property to themselves,” Lauren Suazo, VP of leasing at Westcore, tells GlobeSt.com. “The property provides multiple ingress/egress points and has cross-dock configuration. It is also fully secured with access gates and offers full drive around capabilities.”

ABB plans to use the property as its West Coast distribution center for its Electrification Installation Products business. As a result, the company had specific requirements for space. “The building’s size met ABB’s requirements, our 36-foot clear height met their needs for racking and our spec office suite was exactly the amount of office area that they needed,” says Suazo. “In addition to the in-place improvements listed, we’re also providing LED warehouse lighting and HVAC in the warehouse, at the tenant’s request.”