(Read more on the industrial market.)
DEER VALLEY, AZ-Discount Tire Co. has paid $11 million to Panattoni Development Co. for 81,477 sf in five buildings or half of the just-completed first phase of Alameda Business Park. Move-in is planned for early 2008.
James Keeley, founding partner of Colliers International Inc.'s Scottsdale office, says Discount Tire required the space for expansion. The buildings at 2030-70 W. Alameda Rd. and 24340-60 N. 20th Dr. will be used to warehouse inventory.
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