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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.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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