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Dynarex Corporation Leases 250k sf of AZ Industrial Space

2/19/21

Dynarex Corporation, a medical equipment and supply wholesaler based in Orangeburg, NY, inked a lease for 250k sf of industrial space in the greater Phoenix submarket of Glendale. The space will serve as the firmís Southwest regional distribution facility.

Dynarex will occupy approximately 40% of a 620k sf industrial property located at 7811 N. Glen Harbor Blvd. The facility features 32-foot clear height, 16 dock-high loading doors, and an ESFR sprinkler system.

Carter Wilson, CCIM, David Wilson, CCIM, with DAUM Commercial Real Estate Services represented the tenant in the transaction. Deal terms were not disclosed.

According to DAUM, the Northwest Phoenix submarket is currently seeing high demand, with vacancy rates compressing to sub-5% levels in Q4 2020.





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