Arizona Corporate Plaza

DATE ACQUIRED

Apr. 2016

LOCATION

Chandler, AZ

SIZE

124,137 SF

TENANTS

39

YEAR BUILT

1984-1986

MARKET

REGION

Located just south of Tempe, east of Gilbert, and west of Phoenix, Chandler is one of the fastest-growing cities in Arizona. With more than 245,000 residents and projected job growth of 6.8%, the city attracts a young and talented workforce that supports the area’s set of major employers. Chandler is considered one of the premiere cities for young families, earning 3rd in the Forbes.com 2014 Best Cities for Working Parents ranking.

CORPORATE ENVIRONMENT

Chandler’s economic base is primarily supported by Technology companies such as Intel Corporation, the city’s largest employer with nearly 12,000 employees, as well as Freescale Semiconductor, Ebay/PayPal, Microchip Technology, and Verizon Wireless. Other major employers include Bank of America, Chandler School District, Wells Fargo, and Orbital Sciences. The city is also supported by leading industries such as Transport & Material Moving, Technical Sales & Administrative Support, and Managerial & Professional Service.

LOCAL AREA

Chandler is located just south of the Sky Harbor International Airport and is crossed by three of the east Valley’s most prominent thoroughfares: the Loop-101, the Loop-202, and Highway 87. As one of the fastest-growing areas in the state, Chandler has added nearly 100,000 young, educated and affluent citizens in the last 10 years. Chandler’s urban planners are in the process of a major Downtown Development project aimed at creating walkable and unique urban environment. This project has identified seven key areas for redevelopment, which will significantly boost investment in the Historic Downtown Chandler area. Projects will include mixed-use developments, multifamily housing, public areas and more, further bolstering Chandler’s growth rate and attracting even greater economic development.

PROJECT PHOTOS

BEFORE

AFTER