Av-Air breaks ground on 162,500 SF, multi-building project totaling $15M

Screen Shot 2014-04-01 at 5.23.08 AMAZRE Magazine

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

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

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 fi nancing with an SBA 504 loan. According to Altieri, it was one of the largest SBA loans done in Phoenix-area history.

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