Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PHOENIX-Wright Services Group of San Diego has just opened its first distribution center in the Arizona market in an 8,140-sf general industrial spot at Ellwood Industrial, located at 4202 E. Ellwood in the Sky Harbor submarket.

Wright Services, a distribution and assembly company for Posturepedic mattresses, signed a three-year lease for the building, constructed in the mid-1980s. Ellwood/Richards LLC of Poway, CA is the building owner.

The Grubb & Ellis Co. Phoenix team of Andy Markham and Mike Haenel, senior vice president, negotiated the lease on behalf of the tenant. Grubb & Ellis’ Rick Foss and Pete Klees, also a senior vice president, represented the building owner.

Coldwell Banker Commercial ETN brokers Brian Cahane and E. Thomas Naseef closed the books on a 37-month expanded lease, valued at $175,000, for Guaranteed Tours Inc. in Las Vegas. The tenant took occupancy at the beginning of the month to 8,190 sf of office-warehouse space at 3325 Tompkins Ave. The Glenborough Realty Trust-owned building, totaling 136,160 sf, is part of the Palms Business Center South.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


GlobeSt. NET LEASE Fall 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.