NAI Horizon negotiates $2.58 million long-term industrial lease

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PHOENIX, ARIZONA — NAI Horizon Senior Vice Presidents Isy Sonabend and Rick Foss negotiated a long-term industrial lease for a national refrigeration and specialty appliance company at 10397 W. Van Buren St. in Tolleson.

NAI Horizon represented the tenant, Danby Appliances, Inc., with headquarters in Ontario, Canada, in a deal worth $2.58 million. Danby manufactures a range of household appliances under the brand names Danby, Silhouette, MicroFridge, and BergHOFF. Danby is leasing 155,000-square-feet of the 278,000-square-foot facility.

“Danby selected Phoenix as its Western distribution center, and as well, will be launching a new product line of residential wine refrigerators that will assembled in Tolleson,” Sonabend said. “Danby’s entrée into Phoenix welcomes a highly-respected distributor and quality manufacturer to our business community.”

Amenities of the property include 30-foot clear height, 40 dock-high doors, 14 mechanical pit levelers, T-5 lighting, a 50-foot concrete apron, and a 140-foot truck court. It offers immediate access to the I-10 and Loop 101 freeways.

The landlord, Global Logistics Properties, was represented by Mike Haenel of Cushman & Wakefield.