Yesterday, The Dealmaker reported that Chandler Airport CAD Inc., an entity based out of Newport Beach, Calif., sold a 19-acre property north of the airstrip at the Chandler Municipal Airport for $5.4 million.
Today more details have emerged about the sale.
Business Real Estate Weekly is reporting that the site is targeted for a 200,000-square-foot speculative office project.
The two-building complex, being called Mach One, will be built on a parcel located within the Chandler Airport Center business park, reports BREW.
For more information on the deal click here.