NAI Horizon negotiates long-term lease for importer, distributor of furniture in Tolleson
PHOENIX, ARIZONA (June 12, 2019): NAI Horizon represented the tenant in a long-term lease for a furniture importer at 9310 W. Buckeye Road, in Tolleson, Arizona.
NAI Horizon Senior Vice Presidents Isy Sonabend represented International Furniture Direct of Houston, Texas, in a new lease totaling $1.63 million.
“International Furniture Direct has doubled its footprint in Phoenix to meet the increasing demands for their product lines in the U.S.,” Sonabend said. “IFD is engaged in a long-term strategy of growth in Arizona while expanding its territorial reach.
International Furniture Direct, a case goods manufacturer with two factories in Mexico, is taking up 48,000 SF of a 250,000-SF industrial building in the much sought-after Southwest Phoenix submarket. Its product lines include dining and bedroom furniture, entertainment units, occasional tables, consoles, bars, barstools and more.
IFD occupies four U.S. warehouses strategically situated in Phoenix, Houston, Atlanta and Chicago.
The landlord, First Industrial c/o Merit Partners, Inc., of Scottsdale was represented by Steve Bodeman of Daum Commercial.
About NAI Horizon
Exceptional global commercial real estate solutions begin with local market leadership and expertise. Established in 1992, NAI Horizon is a full-service commercial real estate company serving Arizona with offices located in Phoenix and Tucson. NAI Horizon is passionate about the commercial real estate business, providing Brokerage and Property Management Services for local, national and international clients. NAI Horizon is a member of the NAI Global commercial real estate network providing real estate solutions to 400 offices worldwide. For more information visit www.naihorizon.com.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global professionals achieve extraordinary results for clients locally and globally through creativity, collaboration and the consistent delivery of exceptional knowledge and service that only market-leading firms can provide.
NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more visit: www.naiglobal.com.
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