Phoenix furniture wholesaler doubling its leased space; CBRE inks deal

Posted By Mike Padgett

Feb. 16, 2009

PHOENIX, Ariz. – CB Richard Ellis has negotiated a full-building lease for the Valley West Distribution Center, a 323,345-square-foot warehouse at 601 N. 75th Ave. in southwest Phoenix.

Bill Bayless and Andrew Brigham of CBRE’s Phoenix office represented the tenant, Furniture Values International LLC of Phoenix in the seven-year lease.

The landlord, Myron Zimmerman Investments of Oakland, Calif., was represented in-house by Paul Schifman in the company’s Scottsdale office.

Furniture Values International is a distributor of home furnishings, including the aspenhome furniture line. The company is relocating into the larger space from a 150,000-square-foot building at 2929 N. Grand Ave. in Phoenix.

 

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Feb 16th, 2009

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