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.

By Kelsi Maree Borland | December 30, 2019 at 04:00 AM

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.

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Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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