"The building fit perfectly for them," Jeff Hulseweh, anassociate with GVA Daum Commercial Real Estate Services in Phoenix,says. "The clear height, truck access and office space all workedfor them."

Foxworth-Galbraith Lumber Co. signed with owner MicroInvestments LLC of Phoenix for five years in the building. Built inthe mid-1980s, the single-tenant warehouse sits at 4048 E. SuperiorAve. in the Airport South submarket. Priced at 34 cents per sf, thedeal represents a new location for the growing distributor,Hulseweh tells GlobeSt.com.

The building's owner is operating a snack distribution businessin the building, but will be moving in the coming weeks sofinish-out can begin for the Aug. 1 takeover, Hulseweh says. He andRich Sica of Daum represented Micro Investments in the leasenegotiation. Carl Johnson of Johnson Commercial Properties PC inTempe negotiated on the tenant's behalf.