Chandler Freeways Business Park rendering provided by Ryan Companies US.
By AZ Big Media
Ryan Companies US, Inc., a national commercial real estate solutions provider, and Alidade Capital, LLC have formed a joint venture and announce today the financial closing and beginning of construction for Chandler Freeways Business Park. Located southeast of the Loop 202 and Interstate 10 interchange, the project is comprised of converting a former office building on site that was originally built by Ryan in 2004, into an 87,600-square-foot single-story Class-A industrial building. A second 102,875-square-foot Class-A industrial building will also be constructed. Once completed, this leading-edge project will offer users immediate access to freeways, the expanding labor pool in the area and several onsite features.
“As the Phoenix market is faced with a surplus of challenged office buildings, our team is excited for the opportunity to transform this site into a state-of-the art industrial complex that will attract top-tier businesses and talent to the area,” said John Paul Mulhern, director of real estate development, Ryan Companies. “This project is suited for a variety of end users, thanks to its prime infill location offering exceptional access to both the East and West Valley.”