Tom Louer Archives

Lincoln Property signs 552,330 SF industrial lease


Lincoln Property Company (LPC) has completed a 552,330-square-foot lease that will fully occupy a Phoenix industrial building and bring approximately 200 new jobs to the Southwest Valley. The undisclosed distribution user will move into its new space in October and will fully occupy the project, located 7037 W. Van Buren Street in Phoenix. It will use… Read More →

Paragon Vision Sciences moves into Mesa

Courtesy of Lee & Associates

A 10-year, 45KSF lease was signed at 2120 W. Guadalupe Rd., in Gilbert for $3,207,600. Paragon Vision Sciences, currently in Mesa, is the new tenant and will occupy half the structure which was built in 1995. Move-in is expected sometime in Q3 2015. With this transaction, the building is 100 percent leased. Stein Koss and… Read More →

IDI Distributors leases 29KSF in Phoenix

IDI Photo, Cresa, WEB

  Cresa Phoenix announced that it completed a 29,242 square foot lease for IDI Distributors, Inc. at 236 E. Pima St. in Phoenix.   Cresa Phoenix Vice President Ted Liles and advisor Grant Kingdon negotiated on behalf of the tenant, IDI Distributors, Inc., a “One-Stop-Shop” for insulation products and technical expertise. The landlord, Thackeray Partners, was… Read More →

Superstition Springs Business Park trades for $13.98M

Superstition Springs Business Park
by in AZRE Magazine | Brokerage | Featured | In The Spotlight

Lee & Associates is pleased to announce the sale of the two-building Superstition Springs Business Park at 7307 and 7427 E. Hampton Ave. in Mesa for $13,985,000 or $137.90 per SF. Total SF for the project was 101,411 SF. The transaction closed on September 12. Lee & Associates Arizona brokers facilitated both sides of the… Read More →

Gold Canyon Candles signs 3-year lease in Chandler

Gold Canyon Candles signs lease at 6205 S. Arizona Ave., in Chandler, Ariz.
by in AZRE Magazine | Brokerage | Featured | In The Spotlight

An Arizona-based company signed a 36-month lease for 42,000 SF at the Gold Canyon Candles Building at 6205 S. Arizona Ave. in Chandler, Ariz. Lee & Associates principals TJ Swearengin, Stein Koss, SIOR and Tom Louer, SIOR, represented the landlord, Gold Canyon Candles, which occupies a majority portion of the 212,070 SF warehouse building. Andy… Read More →

Trade show company signs 7-year lease

Microsoft Word - 4802 W Van Buren-DCT.docx
by in AZRE Magazine | Brokerage

Conference Services International (CSI), a national trade show and exposition contractor, signed a 7-year lease for 75,660 SF at 4802 W. Van Buren St. in Phoenix. Move-in is expected on Sept. 1. Lee & Associates Arizona principals Stein Koss and Tom Louer worked diligently to secure this transaction by negotiating key concessions to bring about… Read More →

EastGroup Project Leased to Arizona Nutritional Supplements

Morelos Place, Lee and Associates
by in Brokerage | Business News

EastGroup Properties, LLC has leased the 126,251 SF EastGroup@Chandler Freeways industrial property to Chandler-based Arizona Nutritional Supplements for 7-plus years with a lease valued more than $5M. Occupancy is slated to begin in January 2014 when the building is complete. The new tenant, Arizona Nutritional Supplements is a privately-held company that manufactures supplements directly from its Chandler facilities. EastGroup Properties, Inc. is… Read More →