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IRIS USA Inks Deal in Surprise

PHOENIX—Newmark Grubb Knight Frank announces the closing by IRIS USA, Inc., a subsidiary of IRIS Ohyama Inc., on the purchase of a 59-acre site at Skyway Business Park.

By Kristian Seemeyer | Updated on August 05, 2015

PHOENIX—Newmark Grubb Knight Frank announces the closing by IRIS USA, Inc., a subsidiary of IRIS Ohyama Inc., on the purchase of a 59-acre site at Skyway Business Park. The consumer products manufacturer, based in Sendai, Japan, is developing a 420,000-square-foot office, manufacturing, and distribution facility near the southwest corner of Dysart and Cactus roads. The site was purchased from SKD Holdings, LLC. IRIS USA will use the facility to manufacture and distribute its consumer plastics storage products and conduct research and development.

NGKF’s Rob Stephens, Sheila Bale and Ryan O’Connor of Arizona, with the cooperation of David Scherer of Las Vegas represented SKD Holdings, LLC in the transaction.

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