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| 7037 West Van Buren Street, Phoenix, AZ |
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| Marc Hertzberg |
PHOENIX, AZ – Investment,
development, leasing and management expert Lincoln Property Company (LPC) has
completed a 552,330-square-foot lease that will fully occupy a Phoenix
industrial building and bring approximately 200 new jobs to the Southwest
Valley.
The undisclosed
distribution user will move into its new space in October and will fully occupy
the project, located 7037 W. Van Buren Street in Phoenix. It will use the
building to service a major requirement from a distribution-centric Fortune 50
company. It will also hire approximately 200 employees.
JLL Managing Directors Marc Hertzberg and Anthony Lydon represented LPC. Tom Louer of Lee & Associates
represented the tenant.
“This lease is a great
example of a positive Arizona industrial market,” said Hertzberg. “This user
chose Phoenix after a multi-market search that included Northern and Southern
California.
"It then chose this building, in particular, from among a very
competitive local inventory that includes five or six newly constructed, nearby
alternatives.”
For a complete copy of the company’s news release,
please contact:
Stacey Hershauer
focusAZ
Marketing & Public
Relations
(480) 600-0195
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