November 16, 2024 11:46 pm
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Land sold, speculative industrial development planned for Loop 202

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SoldMike Sunnucks

Senior Reporter | Phoenix Business Journal

Tempe-based Chamberlain Development LLC has bought a 10.5-acre property off Loop 202 in Chandler for $3.2 million and plans to build industrial buildings there.

The property is near the intersection of Arizona Avenue and Willis Road.

Chamberlain bought the parcel from Siebe and Eileen Hamstra. The buildings will total more than 139,700 square feet.

Lee & Associates Principal Matt Hobaica negotiated the deal. The industrial buildings are slated to deliver in 2015.

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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.