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Follow on Google News | Lee & Associates Lands The Home Depot in 12-Year Back Office Lease DealBy: Lee & Associates Rick Lee, Principal with Lee & Associates was the listing agent on the property, while Chris McClurg, Principal was the procuring broker who teamed with ICON Commercial of Atlanta who represents The Home Depot USA, as their sole tenant rep. The landlord is Tempe One Investors of Coconut Grove, FL. Tempe One previously housed Wells Fargo Home Mortgage. "The building and the location are a great fit for The Home Depot who are very selective where they chose to do business. The area amenities and logistics proved to be a winner for them and for all parties involved," said Lee. The property is located in Northwest Tempe and provides ample public transportation and is close to Interstate 10 and the Hohokam Expressway as well as Arizona State University’s Main Campus. The area also features a densely-populated and educated workforce that is attractive to tenants like The Home Depot. The property, originally developed in 1978 and renovated in 2008 features abundant 7:1,000 parking, 18’ clear height and will be entirely renovated to meet the needs of The Home Depot call center. For more information: Rick Lee, Principal 602.954.3742; Chris McClurg, Principal 602.954.3766; About The Home Depot: The Home Depot® is the world’s largest home improvement specialty retailer, with more than 2,200 retail stores in the United States (including Puerto Rico and the U.S. Virgin Islands), Canada, and Mexico. The Home Depot’s stock is traded on the New York Stock Exchange and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.: About Lee & Associates Lee & Associates Arizona specializes in providing exceptional commercial brokerage services to the industrial, office, land and investment sectors of the Phoenix commercial real estate market. The Phoenix office was established in 1991 and is now recognized as one of the most successful brokerage firms in the state. Each of our nationwide Lee & Associates offices has a strong local ownership combined with a powerful platform from the national Lee & Associates network. End
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