Register | Forgot Your Password? | Close

PHOENIX -- Lightning sparked a fire at a Phoenix business early Thursday morning, causing an estimated $100,000 in damage.

A bolt hit the Republic Monetary Exchange building near 40th Street and Camelback Road around 12:45 a.m., igniting a fire on the second story and roof.

"When I got the call, my heart started racing and I got out of bed real quick," CEO Jim Clark said. "I got over here only to find the place filled with firefighters and fire trucks. I thought: 'this thing is going to go up in smoke.' "

Firefighters were able to contain the blaze to the second floor but the water damage is extensive.

"Our sales floor is under about a half-inch of water," Clark said. "We lost a few computers but most of our expensive areas -- our vault and (computer) servers -- were spared."

The Exchange will be closed Thursday, Clark said.

Colin Smith, Reporter, Anchor

share this story:
Attention KTAR.com Comment Users: We have recently changed our comments boards.
We would like you to be part of the conversation and The Voice of Arizona by logging in with your Facebook, Twitter, Google+ or Disqus account. Existing KTAR (Arizona Sports) account members will need to create a Disqus account or use one of the aforementioned social media logins. Thank you.
comments powered by Disqus

World Class Arizona

  • Dignity Health

    World Class People. World Class Company. Excellent care, delivered with compassion, for all in need.

Voice For A Better Arizona

  • Family in Focus

    KTAR spends the week taking a look at the issues a modern Arizona family faces.