PHOENIX, AZ – The 17/Union Hills Business Center, a two-building, 113,880 square-foot industrial and showroom project is expected to break ground in May 2014 at 2350-2400 West Union Hills Drive in Phoenix.

The multi-tenant project consisting of 61,320 square-feet and 52,560 square-foot buildings will feature 24’ clear height, dock and grade level loading, ESFR fire protection and fenced truck courts. Space availabilities begin at 4,755 SF.  Each suite will offer at least one dock door and one grade level door, with many of the suites offering multiple dock doors per bay.

The property is currently owned by Jim Chamberlain whose company Sun State Builders has been constructing and developing industrial and office buildings in the Phoenix area for 40 years. Greenwood & McKenzie, a real estate investment company in Tustin, CA, will be purchasing the project upon its completion in November. Carl Greenwood and his partner Jim McKenzie have been acquiring projects from Jim Chamberlain for almost 35 years. Wes Balmer with Balmer Architectural Group was selected as architect. Lee & Associates Arizona principals Matt Hobaica and Jeff Conrad were chosen to market the property.

“Sunstate, along with Carl and Jim, have been involved with this infill site for some time. After assessing current market conditions, they have determined it is time to put the land into production,” said Conrad.

The Deer Valley submarket has proven itself to be one of the most dynamic industrial submarkets in the Greater Phoenix area. Vacancy for Class A, multi-tenant industrial space is tight for small to mid-bay users looking for frontage opportunities with immediate proximity to Interstate 17 and the Loop 101. “The 17/Union Hills Business Center is well-positioned to capture the pent-up demand for this new product,” said Hobaica.

For more information, Matt Hobaica, Principal at Lee & Associates, can be reached at (602) 954.3755; and Jeff Conrad, Principal at Lee & Associates is at (602) 954.3743.

CHANDLER, AZ – Arizona-based Av Air, Inc. has hired Sun State Builders to construct its new two-building, 162,500+ square-foot headquarters for a total project cost of nearly $15 million.

The 6.17 acre parcel at 6877 W. Frye Rd., Chandler, fronts the Loop 202 Freeway in Santan Technology Park. Av Air purchased the property and broke ground soon after closing.

Andy Ogan, Principal with Lee & Associates Arizona negotiated the transaction for the land and build-to-suit project. Architectural services were provided by Wes Balmer with Balmer Architectural Group. Tom Altieri of MidFirst Bank provided the financing with an SBA 504 loan. According to Altieri, it was one of the largest SBA loans done in Phoenix-area history.

The new buildings will consist of a 92,500-square-foot building with 20,000-square-feet of office space and a 70,000 –square-foot storage/distribution building. Both buildings will feature metal deck, steel trusses, 30’ clear height, grade level and truck-well loading doors.  The project is estimated to be completed in the fall of 2014.

Av Air, a provider of aftermarket aviation parts and services, will vacate 67,000-square-feet currently owned and occupied in its Chandler headquarters at 33 South 56th Street and 1510 West Bell De Mar Drive in Tempe to consolidate operations in its new facility. Av-Air will be offering the 67,000-square-feet in both facilities for lease.

Ogan will be the listing broker for both properties. For more information, Ogan can be reached at (602) 474-9565.