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Data Firm Expands, Signs Seven-Year Lease

PHOENIX-The Maricopa Data Storage Center takes another 12,334 sf at its Magnolia Street location in the Arizona Industrial Center. The extra space, secured by a seven-year lease, was had for 39 cents per sf triple net.

By Beverly Ford | Updated on September 30, 2002

PHOENIX-Maricopa Data Storage Center, a record storage data firm, has signed a seven-year lease on 12,334 of warehouse and distribution space adjacent to its existing location at the Arizona Industrial Center.

Rick Foss with Grubb & Ellis Inc.’s industrial advisory group, which negotiated the deal for building owner Western Distribution Centers, said the company will continue to occupy its current space at 2223-2225 E. Magnolia St. in addition to its new 2229 E. Magnolia St. location.

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