PHOENIX—Lee & Associates Arizona has been awarded the marketing assignment at Cabot Commerce Center, a three-building project totaling 227,160 square feet. Lee & Associates principals, Jeff Conrad, Matt Hobaica and Chris McClurg were tasked with securing tenants for the general industrial multi-tenant development.
McClurg tells GlobeSt.com, “The project is meant for industrial users. It's a very exciting listing for Lee & Associates. It's a great business park with good loading, great clear height and there are five vacant spaces for users anywhere from 4,800 to 32,000 square feet; and it's got terrific freeway visibility.”
These institutional quality buildings feature grade level and truck well loading (per bay), 24-foot clear height and a secure truck court. Located just off Loop 101 and Cactus Road in Peoria, the project offers direct freeway access and exposure. The project, which was built in 2008, is currently 59% occupied.
“There are very few opportunities available to tenants searching for space in the Arrowhead/Loop 101 corridor that offer small bays equipped with a truck well,” says Conrad. “With the highly visible location and competitive pricing in comparison to product of similar features and vintage in Deer Valley, Cabot Commerce Center can offer best-in-class space at a great price to tenants looking to locate or expand in this growing submarket.”
Current tenants in the project include Orkin, Truly Nolan, Factory Motor Parts, RE Michel Company and Innovative Creations.
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