Breaking NewsGlobeSt.com will be offline for scheduled maintenance Friday Feb. 26 9 PM US EST to Saturday Feb. 27 6 AM EST. We apologize for the inconvenience.

 
X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

GILBERT, AZ-The manufacturer of home security doors got “a screaming deal,” an upgraded image and more than four times the space it previously occupied when it sublet 52,780 sf, previously occupied by a high-tech firm, in the Fiesta Tech Industrial Park.

Unique Home Designs LLC, which was leasing about 12,000 sf in Higley, grabbed a two-year sublease in an industrial and manufacturing building at 973 North Colorado St. in Gilbert in a deal with Philadelphia-based Kulicke Soffa Inc. The deal is valued at more than $450,000.

“They got a screaming deal and the image they were looking for,” Mike Parker, with Colliers International’s Phoenix office, tells GlobeSt.com. Along with the flex space, the residential security door maker also got the furniture and tenant improvements.

Kulicke Soffa, a manufacturer of test probes for the semiconductor industry, downsized its operation and brought the space to market, Parker said. He, Paul Sieczkowski and Rob Martensen, all with Colliers International’s industrial brokerage team, represented both parties in the transaction.

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 Spring 2021Event

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

Get More Information
 

GlobeSt

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.