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Commercial Cabinet Maker Relocating Into 19,610 SF

PHOENIX-Usalco Ltd. signs a four-year lease valued at $300,000 for a freestanding building in Coronado Business Park. The firm, planning a March move, will put its headquarters team and manufacturing operation into the 17-year-old building.

By Jennifer D. Duell | Updated on February 07, 2005

PHOENIX-In an effort to upgrade its image and get a convenient location for employees, Usalco Ltd. will relocate the headquarters team and manufacturing workforce to a 19,610-sf freestanding industrial building in Coronado Business Park.

The company, which manufactures and installs custom cabinetry for convenience stores, signed a four-year lease at 5536 W. Roosevelt St. The deal puts about $300,000 in the pockets of building owner, Denver-based ProLogis, says Matt Hobaica, a principalwith Lee & Associates Arizona who represented Usalco Ltd. in the transaction. ProLogis used in-house broker Patty Stephens to negotiate its terms.

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