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4/09/25
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Unbound Development, out of Phoenix, acquired a freestanding 100k sf industrial building on a large 16.7-acre lot in Chandler, AZ. The unoccupied single-tenant property is located at 165 South Price Rd, north of Hwy 202 and just east of Hwy 101.
Originally built in 1982 and expanded in 2005, the building features heavy 8,400 amps of power, expandable to 150 megawatts, an oversized lot, plus Loop 101 freeway frontage near the confluence of Loops 101 and 202. The asset is also surrounded by major office and industrial employers and offers convenient access to an abundance of retail amenities at Chandler Fashion Center and Chandler Festival.
Unbound Development intends to energize the property with extensive improvements that cater to the needs of today’s occupiers and has engaged Cushman & Wakefield to market the property for sale or lease.
Joshua Wyss and Steven Mardian with Cushman & Wakefield in Phoenix represented the seller, Roger Corporation. Michael Kitlica of Cushman & Wakefield repped the buyer in the transaction.
“Unbound Development acquired this unique manufacturing facility to add to its portfolio, which once renovated, will be able to accommodate any power requirement needed coupled with an unmatched industrial outdoor storage (IOS) yard,” commented Kitlica.
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