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JLL buys East Valley industrial complex December 6, 2019
JLL Income Property Trust has bought the Chandler Distribution Center, a 211,000-square-foot industrial complex, for $31 million. The distribution center, near Loop 202 and Germann Road in Chandler, includes two newly developed Class A warehouses that are 97% occupied. According to Maricopa County property records, the seller was Minnesota-based Meritex. “Our strategy remains to further […]
Coworking CEO's private investment group buys East Valley office complex for $20.5M December 6, 2019
Novel Coworking owns two buildings in Phoenix and is always looking for expansion opportunities. However, this Gilbert building will not have a Novel coworking space, according to a company spokesman.