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

In a 17,100-sf deal, Ladlow's Home Furnishings is taking at spotat the Papago, located at 301 N. 45th Ave. in Phoenix. R. AllenLowe of Lee & Associates Arizona represented the buildingowner, York Papago Industrial, and the tenant. And, Value Optionshas signed for 12,931 sf at Phoenix's Flower Court at 3311 N. 44thSt. The Lee & Associates team of Mike McQuaid and SteveWhitehead handled talks for the building owner, Flower Court GP.Paul Falbo of Eagle Western represented the tenant.

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