CHANDLER, ARIZONA – Jared Lively of Rein & Grossoehme Commercial Real Estate represented California-based investor Jabon Investments on the $7 million ($289 PSF) purchase of the 24,231-square-foot retail property at 505 & 525 S. Chandler Village Dr. in Chandler, Arizona.
The property known as Chandler Village Shops was 100% Leased to Ortho Arizona and Palette Collective.
The seller was Chandler in the Spotlight, LLC and Chandler Shops, LLC.
Chad Tiedeman and John Schweikert of Phoenix Commercial Advisors represented the Seller.
For more information, Lively should be reached at 480.214.9411.
Humble Pie – Pizza, Wine and Spirits to Open in Chandler’s Downtown Ocotillo
Chandler, AZ – Humble Pie – Pizza, Wine and Spirits is slated to open in Downtown Ocotillo, Friday, June 1st. The popular pizza place will be located between The Living Room wine café & lounge and Rock Lobster.
Humble Pie’s are recognized as quintessential neighborhood places to dine. Known for their wood-fired pizza, salads, grilled veggies, pastas, sandwiches, burgers, calamari, award-winning French fries, and a full-bar. The polished, yet unpretentious environment and high-quality dishes continue to earn Humble Pie its reputation as an area favorite.
The locally owned by Tom Kaufman, Rich Sullivan, Patrick King, Spike Lawrence, David Dabruzzi, Tim Valencia and Tony Eden, Humble Pie’ restaurant group opened their first location over ten years ago. In 2008, Tom Kaufman, longtime restaurateur, and three friends with thousands of combined hours in the food industry set out to create a new pizza dining experience. Humble Pie in Chandler will mark their tenth location. “Opening a Humble Pie in the southeast valley is part of our ongoing tenth anniversary celebration, we look forward to serving Chandler,” says Kaufman.
The new Humble Pie in Chandler will be open daily, 11 am to 9 pm. Guests may dine in or take-out. Reservations are welcome. Located at 2475 W. Queen Creek Rd., (between Price and Dobson). Visit humblepieusa.com for menus and more information.
NAI Horizon negotiates acquisition of Chandler industrial building
4148 W Venus Way, Chandler, AZ
PHOENIX, ARIZONA – NAI Horizon Senior Vice President Mark Wilcke represented the buyer in a $1.786 million acquisition of a 15,097-square foot industrial building at 4148 W. Venus Way at Stellar Airpark in Chandler, Ariz.
Wilcke represented Executive Investment, LLC, dba East Valley Precision of Gilbert, Ariz. The free-standing industrial building will be utilized as a manufacturing machine shop.
East Valley Precision is an Arizona-based company that specializes in computer numerical control milling, turning and surface grinding; waterjet cutting; and a variety of other services. It specializes at machining aluminum, stainless steel, CPM 15V tool steel, titanium, plastics, and a variety of other materials.
“East Valley Precision is in expansion mode and this property will allow for that growth,” Wilcke said. “Available free-standing industrial buildings with yard area in the East Valley are getting more and more difficult to find. The demand is there and the supply is limited.”
4148 W. Venus Way was built in 1998 and features a 2,566 SF office, clear height of 16 feet, 100 percent air-conditioned space, grade-level loading, full power, a fenced yard, and taxiway access.
The seller, Tice Family, LLC, of South Lyon, Mich., was represented by Kent Hanson of Cushman & Wakefield.
CHANDLER, ARIZONA – Jared Lively of Rein & Grossoehme Commercial Real Estate represented California-based investor Jabon Investments on the $7 million ($289 PSF) purchase of the 24,231-square-foot retail property at 505 & 525 S. Chandler Village Dr. in Chandler, Arizona.
