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Industrial Leases Carve Out 6,340 SF

PHOENIX-Startup T&A Motorsports grabs 3,740 sf for three years along West Deer Valley Road while Garringer Painting taps 2,600 sf for five years in the artery's eastern corridor.

By Lee Simmons | Updated on May 18, 2004

PHOENIX-An after-market truck accessories sales and assembly company and commercial painter have inked leases to seal off 6,340 sf in Deer Valley.

“Deer Valley is a very attractive market. It’s a newer market and it’s been emerging over the last few years,” Cory Spanko, an associate with Wiley & Associates Commercial Real Estate LLC of Phoenix, tells GlobeSt.com. “There’s such a good labor pool out there.”

Phoenix-based T&A Motorsports Inc. signed a three-year lease with a $90,208 value for 3,740 sf in a multi-tenant building at 2040 W. Deer Valley Road. The deal includes two three-year options for the start-up company, Spanko says, adding the lease takes occupancy to 100% in a three-building development with 31,981 sf.

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