Gilbert – A Colorado-based furniture distributor plans to develop a 600,000+ square-foot showroom-warehouse project in Gilbert that will create 300 new jobs in the Valley. American Furniture Warehouse Co. in Englewood, Colo. (Jake Jabs, pres). paid $15.794+ million to purchase a 74.4-acre parcel located at the northwest corner of Power Road and the Loop 202. The sellers in cash transactions of $9.543+ million and $6.251+ million were eight different companies formed by members of the Cooley family in the southeast Valley. Maricopa County records show the sellers were: Poco Ranch Inc. (Chris Cooley, pres.); Czar Investments LLC (Chris Cooley, mgr.); Cooley Black Canyon LLC (Angela Robinson, mgr.); JLC Family Investments LLC (Jeffrey Cooley, mgr);K&L Holdings LLC (Linda Phelps, mgr.); First Place Holdings LLC and First Place Holdings Dat LLC (Maryann Bethea, mgr.), and Par 5 LLC (Martha Storment, mgr.). Continue reading:
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