CHANDLER, AZ – A 10.5 acre parcel near the intersection of Arizona Ave. and Willis Rd. in Chandler has sold for $3,202,437 ($7.00 PSF). The new owners plan to develop the parcel into two multi-tenant industrial buildings.
Matt Hobaica, Principal with Lee & Associates, represented his client Jim Chamberlain of Chamberlain Development, LLC. of Tempe. Hobaica, Matt Fredrick and Kurt Saulnier will market the spec. development project. The sellers were Siebe and Eileen Hamstra of Chandler.
The Willis/AZ Avenue Corporate Park will be developed by Sun State Builders and is affi liated with Chamberlain Development. The 139,735 SF project calls for two divisible buildings (75,217 SF and a 64,518 SF) that feature 24’ clear height, 10’ x 10’ dock doors, 12’ x 14’ grade level doors, ESFR fi re sprinklers and fenced truck courts. Delivery is targeted for summer 2015.
The corporate center is in the center of Chandler’s burgeoning high-tech corridor off the Loop 202 and Arizona Ave.
To learn more Hobaica can be reached at 602.954.3755.