PHOENIX, ARIZONA – NAI Horizon’s Investment Services Group represented the landlord in the renewal and expansion of Lilac Healthcare at Chandler Medical Center, 655 S. Dobson Road in Chandler, Arizona. The total lease consideration is in excess of $3.3 million.
NAI Horizon Executive Vice President Lane Neville, Senior Associate Logan Crum and Agent Cole Neville represented the landlord, Chandler Medical Property Company LLC, in the 13-year, medical office lease that totals 10,994 SF. The tenant, Lilac Healthcare, was represented by Marina Hammersmith and Tyrel Williams with ORION Investment Real Estate.
“Ownership is pleased to have successfully retained such a quality anchor tenant in Lilac Healthcare. The property is fully leased with five quality medical tenants and is directly across the street from Dignity Health’s Chandler Regional Medical Center,” Neville said. “Chandler Medical Center, located next to a full-service, acute care, regional hospital is an important factor to the leasing success of the property.”
The NAI Horizon Investment Services Group specializes in the sale and leasing of office and retail, multi-tenant properties in the Phoenix MSA and throughout the greater Southwest.