PHOENIX, AZ –  Illinois-based Petersen Aluminum Corp. signed a 52,845-square-foot lease at Parc 17, 1800 S. 7th Ave., Phoenix. The 5-plus year industrial lease begins in Q4 2017.

Petersen Aluminum Corp. is a metal roofi ng 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.

For more information, Koss can be reached at 602.912.3520, Louer is at 602.954.3779 and Nudo can be contacted at 602.954.3773.

Phoenix, Arizona — Daum Commercial Real Estate Services has negotiated the lease for 40,506 square feet of office and industrial space to Switzerland-based Bossard Group in Desert Gateway, located at 909 W. Pinnacle Peak Rd. in Phoenix.

Chris Rogers, Trevor McKendry and Carl Johnson of Daum Phoenix, represented the development team of Griffin Opportunities, Adam Norvell and Walter Cale in the transaction.

Bossard Group, a fastening technology company, was represented by Tom Louer, Stein Koss and Nick Nudo of Lee & Associates.

Bossard Group recently acquired Aero-Space Southwest, a distributor of fasteners and electronic components, and will utilize the new space for both companies.

With this lease, Desert Gateway is now 50 percent leased and was completed in mid-November 2016.  To view the Desert Gateway website, including site plan and location map, visit www.desertgatewayaz.com.

Daum Commercial Real Estate Services specializes in industrial and office properties throughout metro Phoenix. Daum Phoenix has successfully sold and leased millions of square feet in industrial and office buildings, and land. Headquartered in Los

Angeles, Daum is California’s oldest and most experienced commercial real estate brokerage company. Daum is an affiliate of ONCOR International, a premier global commercial real estate referral network comprised of more than 50 independent commercial real estate partner brokerages in 32 countries.

SCOTTSDALE, AZ –  A 35,077-square-foot manufacturing building at 15550 N. 78th St., Scottsdale in the Scottsdale Airpark sold recently for $3.91 million  ($111.47 PSF).

Lee & Associates Principal Steve Farrell represented the buyer, MBBE AZ, LLC, Scottsdale while Lee Principals Stein Koss, Tom Louer and Associate Nick Nudo represented the seller, Industrial Electric Wire & Cable, Inc., Scottsdale.

MBBE AZ, LLC will be entering into a lease with Drivers Club, a membership based community of automotive enthusiasts where members are offered a full range of services including collection management, programmed events, entertainment offerings, and automobile storage — all in a modern, conditioned, secure, and convenient location. The Scottsdale location will open in Fall 2017 after an extensive $2.5M renovation. Drivers Club Seattle will open March of 2018 with ground breaking to commence this June.

Built in 1995, the freestanding building sits on 2 acres with proximity to the Loop 101 Pima Freeway, Scottsdale Airpark runway and to nearby luxury retail locations such as Kierland Commons, Scottsdale Quarter and The Promenade.

For more information, Farrell can be reached at 602.954.3746, Koss is at 602.912.3520, call Louer at 602.954.3779, and Nudo can be contacted at 602.954.3773.