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Telco Firm Pays $1.5 Mil for Last Reliable Furniture Site

PHOENIX-A $1.5-million sale of a 57,300-sf retail site puts an end to Reliable Furniture, which has hawked the last of three locations. Easy Telecommunications acquires the store for investment purposes, eyeing an indoor swap meet or eatery as possible uses.

By D.J. Burrough | Updated on October 11, 2001

PHOENIX-Easy Telecommunications, a Phoenix-based company that sells pre-paid phone cards, has spent $1.5 million for a Reliable Furniture location, the last one left in the portfolio. The 57,300-sf building, located 2301 W. Indian School Rd., is going to be converted into an indoor swap meet site or restaurant.

The building is positioned near the southeast corner of the Black Canyon Freeway and Indian School Road in Phoenix. Easy Telecommunications bought the building solely for investment purposes.

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