28,336 SF of the Class A, Six Building Development Sold/Lease in First Month

PHOENIX, May 23, 2017 – Chandler’s newest industrial development bv Silagi Development & Management (SDM) of Thousand Oaks, Calif. welcomed its first two users to the park upon completion of the development.

The DeMichele Group, a provider of software and equipment for the fenestration industry, acquired Building B totaling 17,149 square feet (sf) at 2110 S. Douglas Drive. All In One Posters, a leading labor law poster provider based in Buena Park, Calif., signed a lease agreement with a purchase option for Building C totaling 11,187 sf. Paul Boyle, Pete Klees and Rick Danis of Cushman & Wakefield represented SDM in both transactions. The DeMichele Group was represented by Jerry Jacobs of Newmark Grubb Knight Frank (NGKF) and All In One Posters was represented by Adrienne Bryant with Bryant Commercial.

“Both deals were negotiated before the completion of construction and negotiations are underway with other users. The level of activity has exceeded expectations,” says Paul Boyle, Executive Director at Cushman & Wakefield.

Working with LGE Design Build, one of Arizona’s top design build general contractors, Chandler Airpark located on Douglas Drive, just west of Stearman Drive, was completed in April 2017.  The Class A business park featuring six single-tenant industrial buildings in Chandler, Ariz. is the only product of its kind available in the area. All other newly completed developments in the immediate area are multi-tenant industrial, flex, or office.

The buildings range in size from 11,187 to 22,874 square feet (SF) and feature upscale speculative office buildouts, 18-20 foot warehouse ceiling clear heights and three phase 600 amp power. In addition, each building has outside storage yards and all six buildings offer grade level loading, with four of the buildings also offering truckwell loading.

The project from SDM, totaling 96,957 sf, has four single-tenant buildings remaining, ready for immediate occupancy with built out office suites and can accommodate industrial, manufacturing and distribution users. The project is being represented by Paul Boyle, Pete Klees and Rick Danis of Cushman & Wakefield.

About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 45,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. 2017 marks the 100-year anniversary of the Cushman & Wakefield brand. 100 years of taking our clients’ ideas and putting them into action. To learn more, visit www.cushwakecentennial.com, www.cushmanwakefield.com or follow @CushWake on Twitter.