Cushman & Wakefield of Arizona, Inc. negotiated a long-term lease for 23,288 square feet of industrial space at 5714 N. 51st Ave., bringing Sunbelt Rentals, Inc. to the property.
This marks a new location for Sunbelt Rentals Inc., the second largest equipment rental company in the United States. Sunbelt took occupancy of the property this month and is occupying the entire building.
“The landlord’s property offers the tenant a desirable location for its equipment rental business,” said Keri Scott. “Its proximity to major arteries (NW Grand Ave. and W. Bethany Home Rd.) makes this facility ideal for the company’s clients in the construction industry.”
Scott, Jackie Orcutt and John Grady of Cushman & Wakefield represented the landlord, ABC Contractor Supply Co. in the lease negotiations. Rob Martensen of Colliers International represented the tenant.