TEMPE, AZ-Rosendin Electric finalizes a lease for 13,600 sf of office/warehouse space at 600 W. 24th St., committing to a five-year term and a $490,000 payout.

“This was a screaming deal–the rental rate was fantastic,” says Mike Parker of Collier International who represented Rosendin along with colleagues Paul Sieczkowski and Rob Martensen. Bill Bayless of CB Richard Ellis Inc.’s Phoenix office represented the building owner, DH Pace Co. Inc., in the negotiations.

The San Jose, CA- based electrical contracting firm will relocate from a 7,000-sf spot at 2453 W. Birchwood Ave. in Mesa. “Rosendin is moving from a tired, old building to an almost new building,” Parker notes.

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