PHOENIX-The move is complete for Ashley Furniture Co., which has settled into 38,632 sf at the 300-acre Reywest Industrial Park in Phoenix.

The firm, a division of Southwest Furniture of Wisconsin, is operating out of a 116,470-sf structure with 30-foot clear heights in a major distribution area for the Southwest Valley. It’s one of the few large move-ins to take place in recent months in the submarket, say those in the know. Ashley Furniture’s new location is 3555 W. Washington St., owned by Phoenix Industrial Property. Stein Koss and Rick Lee, both of Lee & Associates Arizona’s Phoenix office, represented the building owner. Michael Crook of Nobeus negotiated for the tenant.

In a 17,100-sf deal, Ladlow’s Home Furnishings is taking at spot at the Papago, located at 301 N. 45th Ave. in Phoenix. R. Allen Lowe of Lee & Associates Arizona represented the building owner, York Papago Industrial, and the tenant. And, Value Options has signed for 12,931 sf at Phoenix’s Flower Court at 3311 N. 44th St. The Lee & Associates team of Mike McQuaid and Steve Whitehead handled talks for the building owner, Flower Court GP. Paul Falbo of Eagle Western represented the tenant.

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