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NAI Horizon negotiates long-term lease for national electrical supply company at Reywest Industrial Park in Phoenix

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  • NAI Horizon negotiates long-term lease for national electrical supply company at Reywest Industrial Park in Phoenix
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March 27, 2023
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Real Estate Daily News Service
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PHOENIX, ARIZONA (March 27, 2023) – A national supplier of electrical supplies to electrical contractors increased its footprint in the Valley by leasing 138,000 SF at Reywest Industrial Park in Phoenix.

NAI Horizon Executive Managing Director Isy Sonabend and Associate Drew Eisen represented Elliott Electric Supply of Nacogdoches, Texas, in a long-term lease totaling $8 million at 121 S. 39th Ave.

Elliott Electric was a tenant at 121 S. 39th Ave., in Phoenix in 65,000 SF of industrial space. With the new lease, Elliott Electric expanded to 138,000 SF and extended its lease for 7 years.

“This lease represents Elliott Electric’s continued commitment to growing its brand in Arizona,” Sonabend said. “As well, it indicates the ongoing construction machine in Arizona. This is a unique family-owned business run by patriarch Bill Elliott, who just celebrated his 85th birthday, by being at work, on time, as always.”

NAI Horizon has also represented Elliott Electric in four “satellite” sites around the Valley the past five years. Each satellite is approximately 15,000 SF and is stocked with product from the distribution center of 138,000 SF.

Elliott Electric Supply was established in 1972 in Nacogdoches, Texas, and has grown to more than 170 locations in Texas, Arizona, Louisiana, Arkansas, Oklahoma, New Mexico, Georgia, Kansas, Tennessee, Missouri, and Colorado. It is a leading distributor of electrical and industrial automation supplies.

Don MacWilliams with Colliers International represented the landlord, Sieroty, DBA Eastern Columbia Properties.

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