Sterling purchased for $7 million a 324,000-sf industrialbuilding at 1402 E. Buckeye Rd., just west of the city's mainairport, Sky Harbor International Airport. Sterling has begunrenovation and expansion of the facility, which will have 434,000sf when completed.
The building will be part of the Sterling Exchange Network,which has a series of technology exchanges throughout the country.The network provides core bandwidth to a variety of telecomcarriers, local exchange carriers, web hosts, Internet serviceproviders and application service providers.
Sterling entered the Phoenix marketplace early this year when itpurchased a 320,000-sf building in downtown Phoenix. The companyconverted the building into the Downtown Phoenix TechnologyExchange.
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