November 17, 2024 9:46 am
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Irgens pays nearly $7.6 million for Chandler land, plans new facility

A rendering of a $60 million build-to-suit project called Ascend at Chandler Airport Center that Irgens is planning to build.
A rendering of a $60 million build-to-suit project called Ascend at Chandler Airport Center that Irgens is planning to build.

By Kristena Hansen | Phoenix Business Journal

Milwaukee-based commercial real estate developer Irgens paid $7.58 million this week for a massive piece of land near Chandler Municipal Airport and is looking for a tenant to take up a 400,000-square-foot office and flex facility it hopes to build on the site, according to a company statement today. The 31 acres of land is at the northwest corner of Cooper and Germann roads. It marks Irgens’ second acquisition in Chandler, the first being the 41,000-square-foot Portico Place office building at Dobson Road and Chandler Boulevard that was purchased earlier this year.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.