The five-year lease is valued at $1.69 million.
The new facility is located in the Hohokam Park, a business park south of University Drive just east of the Hohokam Expressway and north of Interstate 10. Sky Harbor International Airport is a little more than a mile away.
Bill Bayless and Aric Adams of the Phoenix office of CB Richard Ellis, represented the owner, and the Phoenix office of Colliers International negotiated for Cutler Hammer.
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