Unbound Development Acquires 100000 Square Foot Industrial Building In Chandler For $14.05M

The transaction involved a vacant 100,000-square-foot industrial building located at 165 South Price Road in Chandler, Arizona. The property sits on 16.7 acres and was sold for $14.05 million, resulting in a price per square foot of $141.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $14,050,000
• Address: 165 South Price Road
• Market: Chandler, AZ
• Acres: 16.7
• Square Footage: 100,000
• Price per Square Foot: $141
• Buyer: Unbound Development
• Seller: Rogers Corporation
• Brokers: Joshua Wyss, Michael Kitlica & Steven Mardian - Cushman & Wakefield

The deal showcased the involvement of Unbound Development as the buyer, acquiring the asset from Rogers Corporation. The brokerage team from Cushman & Wakefield, which includes Joshua Wyss, Michael Kitlica, and Steven Mardian, facilitated the transaction.