PHOENIX-Lincoln Commerce Park will add two new tenants to its roster in leases for more than 35,000 sf at its recently completed, 33.3-acre, four-building industrial complex at the junction of Interstate 17 and 7th Avenue.

York International, the nation's leading provider of heating, ventilation, air-conditioning and refrigeration equipment, has joined Air Tiger Corp., a leading freight forwarding firm, in signing leases that will give the firms expanded space and a more convenient location. Come Dec. 1, York International, headquartered in York, PA, will move its metro Phoenix location from Tempe into 29,556 sf. Air Tiger Corp., which has 147 international locations, has leased 6,371 sf. Its relocation is set for Nov. 1 from central Phoenix.

Jeff Conrad, with Lee & Associates Arizona, tells GlobeSt.com that York selected the site because of its great location. “They were in Tempe and were looking for a much more central location closer to their contractor base,” Conrad said. The freight firm, he said, liked the dock-high loading with direct freeway access near the airport.

The Lincoln Property Co.'s phase 1 is comprised of four buildings, totaling 224,308 sf, that delivered in August. A second phase consisting of 20 acres is available for sale or build-to-suit tenants.

Conrad along with Allen Lowe of Lee & Associates Arizona represented the property owner in the transaction. Mark Detmer and Bo Mills, a Trammell Crow Co. team in Phoenix, represented York International while Mike Ulrich of Colliers International negotiated the terms for Air Tiger.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.