Thursday, October 30, 2014

Meritex Developing Chandler Industrial Park

Minneapolis-based Meritex Enterprises Inc. and Metro Commercial Properties received approval last week from the Chandler City Council on the Planned Area Development (PAD) zoning request and site plan approval for Chandler Airport Center, a general industrial park at the SWC of Germann and Cooper Roads in Chandler, Arizona. Meritex, under Meritex Chandler, LLC, will move forward with the development of Chandler Airport Center in association with Tempe-based Metro Commercial Properties, who will provide development and property management services to Meritex for the three building industrial park.

"The site has fantastic visibility on German Road with over 2,000 feet of frontage along with direct access from four public streets," said Dan Williams, Chief Investment Officer of Meritex. "The project will provide excellent opportunities for general industrial users to gain prominent visibility for their wholesale & service facilities and locate closer to their customer base in the Southeast Valley."

The 20-acre project, located immediately north of the Chandler Municipal Airport, is slated to include a three-building industrial park totalling as much as 260,200 square feet. Lee & Associates principals Chris McClurg and Ken McQueen are handling the leasing on the project, according to a Phoenix Business Journal article.

For more news and information visit Blumberg Capital Partners.

No comments:

Post a Comment