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Sierra Tile Inks 10-Yr. Deal at MainSpring Cotton Center

$2.3M Lease Executed at 4215 E. Broadway
July 19, 2005
Sierra Tile Inc. of Tucson leased 22,940 square feet of space at MainSpring Cotton Center at 4215 E. Broadway in Phoenix. Sierra Tile will move into MainSpring this August 1st for 10 years. The consideration totaled about $2.26 million, or $9.86 per square foot annually.

Built in 2005, MainSpring Cotton Center is part of a 280-acre business community. The industrial property has frontage on Broadway at 40th Street and is located five minutes from Sky Harbor International Airport.

The tenant represented itself while Curtis Brown and Rick Collins of Ross Brown Partners Inc. represented the lessor, MainSpring Capital Group.
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