CapRock Partners Secures $38.5M Loan For Industrial Acquisition In Chandler

E Queen Creek Rd

$38,500,000

$1,208/SF

Building Size

31,868 SF

Asset Type

Industrial

Closing

Jun 13, 2024

AI

CapRock Partners secured $38.5 million in financing to acquire a Class A warehouse in Chandler, part of the Chandler Airport Business Park, totaling 318,683 square feet at 1950 East Queen Creek Road.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $38,500,000
Market: Chandler, AZ
Square Footage: 31,868
Landlord: CapRock Partners
Brokers: Billy Coyle, Brian Share, Lars Weston, Max Schafer & Robert Rubano - Cushman & Wakefield
Loan Type: Acquisition

The financing for the acquisition was sourced by CapRock Partners, with the property being part of the Chandler Airport Business Park. The deal was facilitated by brokers Billy Coyle, Brian Share, Lars Weston, Max Schafer, and Robert Rubano from Cushman & Wakefield.

Players