Cassidy Turley announced Tuesday that Young’s Market Company of Arizona leased 248,900 square feet at 402 S. 54th Pl. in Phoenix. Young’s Market Company is one of the nation’s largest distributors of wines and spirits with operations in California, Hawaii, Arizona, Oregon, Washington, Alaska, Idaho, Utah, Montana and Wyoming.
Cassidy Turley’s Executive Managing Directors Andy Markham, SIOR, Mike Haenel and Vice President Will Strong represented Young’s Market in the lease negotiations. The team represented Young’s in previous site selections, including a distribution space at 200 S. 49thAvenue that is currently available for lease or sale with the Cassidy Turley team.
The landlord, Barley Equities V, LLC (First Beverage Group) was represented by Anthony Lydon, SIOR, CSCMP, and Marc Hertzberg, SIOR, with JLL. The industrial refrigeration and cold storage building was the former home of Crescent Crown Distributing.
