Industrial-office complex slated in south Chandler SanTan Sun News

Industrial-office complex slated in south Chandler

July 1st, 2018 | by SanTan Sun News
Industrial-office complex slated in south Chandler
Business
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SanTan Sun News Staff

 

Two developers are planning a joint project for an office-industrial complex in south Chandler.

Conor Commercial Real Estate and WHI Real Estate Partners said their Lotus Project will be a “highly visible development” at the Loop 202 Santan Freeway and Kyrene Road and will offer 650,000 square feet of Class A industrial and office space built in two phases.

“We look forward to seeing this site develop into one of the premier employment bases in Chandler,” Mayor Jay Tibshraeny said. “It’s a fantastic location that will attract a lot of positive interest from businesses looking for freeway access and a top-tier workforce.”

The firm will develop Phase I on a speculative basis, which includes four industrial buildings totaling 470,000 square feet. Phase II will consist of either two office buildings totaling 200,000 square feet or three industrial buildings totaling 216,000 square feet. Phase I construction will begin in September with completion slated a year later.

“The highly desirable infill location within the Southeast Valley submarket, coupled with the low vacancy and influx of businesses expanding or relocating to the Chandler area makes this an exciting development,” said Conor vice president Sven Tustin.

Conor development manager Derek Buescher added, “We’re excited to secure a sizable land position in the City of Chandler,” saying the city “offers the lifestyle amenities and educated workforce today’s users require.”

McShane Construction Company is serving as the general contractor.

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