DTZ, a global leader in commercial real estate services, announced today that KH Chandler, LLC, a private investor, purchased a ±168,750 square foot warehouse/distribution property at 6920 West Allison Road in Chandler, AZ, for $4.1 million. Total Solutions, LLC will be relocating and expanding its operations to the project located in The Lone Butte Business and Industrial Park on the Gila River Indian Reservation.
DTZ Senior Vice Presidents Steve Mardian and Pete Klees and Vice President James Harper facilitated the REO sale on behalf of the seller, a financial institution.
Chandler-based Total Solutions partners with companies to provide all facets of outsourcing fulfilment, warehousing, distribution, transportation and corporate services. With the move to the Allison Road property, the company will be doubling its size. Built in 1983 and renovated in 1994 and 2005, the warehouse/distribution building sits on 12.28 acres with a fully fenced yard. The building features a 6,500 square foot office build out, 12 dock-high loading and five grade-level doors. The new owners will renovate the facility significantly.
The Lone Butte Business and Industrial Park is located within the Gila River Indian Reservation and is located at the confluence of Interstate10 and the Loop 202 San Tan Freeway. The park, which has been in operation since 1968, sits on approximately 800 acres and has more than 50 tenants.
