"The yard was very important to them," Pete Klees of the Phoenixoffice for Grubb & Ellis Co. tells GlobeSt.com. "That wasprobably the biggest reason (behind the move)."Klees said thecompany was located at 1140 W. Alameda in the same business park,but had outgrown the site.
The firm will occupy its new site at 822 W. 22nd St. oncerenovations to the single-story building are completed, Klees said.The company will pay $734,000 over the term of the lease. TheShidler Group of San Diego is the property owner.
Gordon Raguse of Grubb & Ellis represented the tenant in thetransaction. Klees was Shidler's representative.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
