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PHOENIX-California-based Caravan Trading Co. has leased 3,938 sf at Martin Van Buren Commerce Park at 401 N. 37th Dr. in Phoenix. Caravan intends to spend the next three years at the park.

Bo Mills, Mark Detmer and Justin Carlson, all of the Phoenix office of the Trammell Crow Co., represented the building owner, ProLogis Trust. The Martin Van Buren Business Park is a six-building industrial park. Caravan has signed for building six, a 31,167-sf, concrete tilt-up building completed in 1975. The structure has five grade-level doors, five-dock high loading doors and 18-foot clear heights. Quoted rates at the park are 34 cents per sf monthly. The park is located less than a mile from Interstate 10.

In another lease, Southeast Cooler took 4,266 sf of industrial space at 21602 N. 2nd Ave. in Phoenix. Marc Pierce of Lee & Associates Arizona represented Southeast Cooler while Randy Warner of Arizona Industrial Properties bargained for the building owner.

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