Chandler Industrial Sells for $1.975M
Z6, LLC has purchased a 26,191 square foot Chandler industrial building at 261 N. Roosevelt Avenue for $1,975,000. Zak Kottler of Levrose/TCN Worldwide facilitated the sale. The seller was Coxreels Holdings, LLC.
Chandler receives more than 330 sunny day a year and offers an exceptional assortment of art and entertainment venues such as The Arizona Railway Museum, The Chandler Center for the Arts, The Chandler Museum and The Commemorative Air Force Museum
Chandler, deemed as an All-America City where entrepreneurial spirit and hometown traditions blend together, offers quality services, a diverse culture and an exciting history. Chandler is a beautiful, modern city in the heart of the Phoenix metropolitan area.
THE CHANDLER MARKET
The City of Chandler has Southern flare that attracts both residents and businesses. Originally founded as an agriculture town, Chandler was home to ranches and cowboys. Cotton, corn and alfalfa were the main commodities back in the day.
Chandler hasn’t lost all of its ranching charm but has certainly developed and expanded in the past two decades. It is the fourth largest city in Arizona with a 2010 population of 236,123, growing 33.7 percent from July 2000 to April 2010. Chandler Fashion Square was added to meet shopping demands. The city has focused on arts development and opened the Chandler Center for the Arts downtown, which can seat more than 1,000 people. The Arizona Railway Museum is also a popular destination.
The city is one of the fastest growing areas in Arizona thanks to the many companies that have opened facilities there including Intel and Verizon Wireless. Retail and office space is abundant in the growing city.