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PODS Franchisee Leases 54,161 SF

TEMPE, AZ-A PODS franchisee's business grows faster than expected, driving an immediate need for more warehouse space in the East Valley. Franchisee Coyote Portable Storage inks a 55-month lease for 800 W. Carver Rd.

By Jennifer D. Duell | Updated on December 10, 2004

TEMPE, AZ-Coyote Portable Storage, a franchisee of Clearwater, FL-based PODS, has moved in to 54,161 sf of warehouse space in Elliot Business Park in the East Valley. The company signed a 55-month lease valued at more than $1.1 million.

“Coyote Portable Storage is doing great,” says Bob Hubbard, a Phoenix associate with CB Richard Ellis Inc., who teamed with associate Aric Adams to represent the franchisee in the negotiations for 800 W. Carver Rd. in Tempe. “They didn’t expect business to grow as fast as it has and they’re very over capacity at their existing location and needed more space right away.” The company also has a West Valley location at 1010 S. 65th Ave. in Phoenix.

“Coyote was finding that a lot of their business was in the Southeast and Northeast Valley,” Hubbard says. “This new space is to serve the East Valley customers.”

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