Illinois-based Petersen Aluminum Corp. signed a 52,845 SF lease
at Parc 17,1800 S. 7th Ave., Phoenix. The 5-plus year industrial lease begins in Q4
Petersen Aluminum Corp. is a metal roofing panel and metal wall panel supplier
to the architectural metal industry.
Principals Stein Koss, Tom Louer and Associate Nick Nudo of The Koss | Louer
Team at Lee & Associates, represented the landlord, Colony Northstar, Dallas, TX. Ted
Liles with Cresa represented Petersen.
Built in 2015, the multi-tenant property consists of a 101,310 SF, 31,871 SF
and 44,589 SF distribution/warehouse buildings. It features I-17 Freeway frontage
at the full diamond 7th Ave. exit, access to all major Valley freeways and one-day
proximity to the top distribution centers in the Western United States. All buildings
feature dock high and grade level loading capabilities, and offers excellent individual
tenant identity with freeway signage opportunities.
The Koss | Louer team will retain its leasing assignment with the new ownership.