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JLL Completes Sale of Redeveloped Ocotillo Plaza in Chandler, Ariz.

Buyer attracted to area demographics, stable long-term occupancy PHOENIX, Arizona – The Phoenix office of JLL has completed the $11.2 million sale of Ocotillo Plaza, a redeveloped retail building situated in the heart of Chandler’s Ocotillo area, a thriving residential, retail and employment hub adjacent to the popular Price Road commercial corridor. JLL Senior Vice Presidents Peter Bauman and Tivon …

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Micro-Hospital Site Sells in Marana at Cortaro Ranch

MARANA, ARIZONA – Cortaro Commercial JV, LLC sold 3.86-acres at 5600 West Cortaro Farms Road in Cortaro Ranch, off I-10, for $966,650 (5.75 PSF) in Marana. The buyer is Marana Micro-Hospital, LLC, an affiliate of Beaumont Surgical Hospital Partners of The Woodlands, TX plan to construct a 40,000-square-foot micro-hospital on the site. Cortaro Ranch is …

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