Cresa Phoenix announced that HBI International d.b.a. BBK Tobacco & Foods LLP, a leading wholesale distributor since 1996, is consolidating its two Phoenix locations to a building owned by Cabot Properties, Inc.

The 88,488 square foot building located at 3401 W. Papago Street will serve as the tenant’s world headquarters and will be taking occupancy at the end of the year. Ted Liles with Cresa Phoenix represented the Tenant, HBI International while Jackie Orcutt and John Grady with Cushman & Wakefield represented the Landlord, Cabot Properties.