Tuesday Morning Signs 600,000 SF Lease Deal in Phoenix

Photo Courtesy of JLL
563 S 63rd Ave., Phoenix, AZ (Photo Courtesy of JLL)

Tuesday Morning has leased nearly 600,000 square feet of warehouse space in southwest Phoenix for a distribution center that is expected to create 300 jobs, reports The Arizona Republic.

In one of the biggest Valley lease deals since 2011, the upscale discount retailer, based in Dallas, has agreed to rent 593,600-square-feet of space near 67th Avenue and Buckeye Road from Liberty Property Trust. The The Liberty Logistics Center is at 563 S. 63rd Avenue in Phoenix.

The planned facility will serve the company’s Western U.S. stores, according to a statement from Douglas Sullivan, Tuesday Morning’s senior vice president of real estate.

The 593,600-square-foot state-of-the art cross dock distribution building has a ±2,140-square-foot LEED certified office
(built 2013),  32′ clear height, 520′ building depth, ESFR sprinkler system, Rail capable, Skylights / smoke vent system: 2% of roof surface,  200′ fully secured concrete truck courts,  50′ x 52′ column spacing, 108 dock doors; 4 grade level doors, ±243 trailer stalls; and ±356 automobile stalls. Multiple access points from 67th Avenue, 59th Avenue, and two from Buckeye Road with right turn truck access.

Tuesday Morning has 10 stores across Arizona and nearly 800 throughout the country.

Liberty Property purchased the building Tuesday Morning is leasing two years ago, according to the Republic.

Don MacWilliam, Payson MacWilliam and Tom Woods of Colliers International worked with the retailer on the Phoenix warehouse deal. Marc Hertzberg and Tony Lydon of JLL represented Liberty in the transaction.

Liberty Property Trust now owns more than 750 properties with 105 million square feet of space across the United States.