Property Types Industrial
Ryan West Business Park Welcomes New Tenant to 72,600SF Space
June 20, 2008

Concluding its search for a larger home, QuietFlex Manufacturing Co. has settled on 72,600 square feet of space at Ryan West Business Park in Tolleson, Ariz., a move that will nearly triple its manufacturing space. Located under 15 miles from Phoenix at 8313 W. Pierce Street, Ryan West is a 228,200-square-foot industrial building that that was developed just over one year ago. When QuietFlex relocates from its current 25,000-square-foot manufacturing facility in Phoenix late this month, the building will have an occupancy level of 68 percent. Grubb & Ellis|BRE Commercial represented the flexible air duct manufacturer in the eight-year lease deal with property owner Liberty Property Trust, which was represented by CB Richard Ellis.

 
Recent Industrial Headlines
ProLogis Announces Full Occupancy at 531,000-SF Houston Distrib Park
ProLogis announced today full occupancy at ProLogis NorthPark, a recently developed, four-building, 531,000- square-foot distribution park located in Houston.
Amid Continuing Market Decline, First Industrial Nabs $154M in Financing
Despite the ongoing weakening of industrial market fundamentals, banks are warming up to certain players like First Industrial Realty Trust Inc., which has just managed to get its hands on $154 million in the form of three loans secured by assets encompassing a total of 6.3 million square feet.