Consolidated Electrical Distributors Signs Lease in Phoenix

An affiliate of the company signs a seven-year lease of 67,182 square feet of class-A light industrial space.

CED Greentech, an affiliate of Consolidated Electrical Distributors, has signed a seven-year lease of 67,182 square feet of class-A light industrial space with Exeter Property Group. The lease is valued at $4.1 million.

The tenant is a full-service wholesale distributor of residential, commercial, and utility-scale solar, electrical, and renewable energy products, is relocating and expanding its headquarters from nearby Tempe.

Sebastian Sica, an associate at DAUM, who completed the lease alongside DAUM EVP Rich Sica.