Urban Outfitters Takes Industrial Space in East Valley

Article originally posted on Phoenix Business Journal on April 28, 2023

Urban Outfitters has found industrial space in the East Valley to serve its retail stores.

The Philadelphia-based company will move into a newly built, 190,000-square-foot building at Warner Commons in Gilbert. It will occupy about 130,000 square feet, said Stein Koss, a principal at Lee & Associates Arizona. Koss is one of the listing brokers for Warner Commons along with Tom Louer and Fenton Kelly.

Colliers International represented Urban Outfitters (Nasdaq: URBN) in the deal. Koss expects Urban Outfitters to be operational in the next six to eight months at Warner Commons, utilizing its space to distribute its furniture line more than clothing, he said.

The landlord of Warner Commons is a partnership between Scottsdale-based Pestas Commercial and Texas-based Hillwood Investment Properties, Koss said.

Koss said other tenants committed to Warner Commons include Salt River Project, Fat Fender Garage and Vivid Medical Technologies. With Urban Outfitters on board, Koss estimates that the park is more than 60% leased.

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