Bob O’Neill Acquires Chandler Airport Business Park For $45.5M | 1900 East Queen Creek Road | Stein Koss, Tom Lauer, Fenton Kelly | Industrial | Sale

Summary

Sale

ARIZONA

Industrial

1,274,800 sqft

The Chandler Airport Business Park, located at 1900 East Queen Creek Road, 1950 East Queen Creek Road, 2800 South Cooper Road, and 2850 South Cooper Road in Chandler, AZ, has been acquired by CapRock Partners for $45.5 million. This industrial campus spans 318,700 square feet with a price per square foot of $143.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $45,500,000
Buyer: Bob O’Neill - CapRock Partners
Seller: Chamberlain Development
Brokers: Fenton Kelly, Stein Koss & Tom Lauer - Lee & Associates

CapRock Partners, a Newport Beach-based industrial investor, made the acquisition of the Chandler Airport Business Park, expanding its investment portfolio into the Phoenix area. The sale was facilitated by Fenton Kelly, Stein Koss, and Tom Lauer of Lee & Associates, showcasing a strategic move by CapRock Partners in the industrial real estate market.

Players

All
4

Agents
3
Agencies
1

$45.5M Sold

$45.5M Sold

$45.5M Sold

Details

Deal Summary

SOLD

IMAGE: Bob O’Neill, Fenton Kelly & Stein Koss DATE: 03/18/2024 ADDRESS: 1900 East Queen Creek Road, 1950 East Queen Creek Road, 2800 South Cooper Road & 2850 South Cooper Road MARKET: Chandler, AZ ASSET TYPE: Industrial BUYER: Bob O’Neill - CapRock Partners SELLER: Chamberlain Development BROKERS: Fenton Kelly, Stein Koss & Tom Lauer - Lee & Associates SALE PRICE: $45,500,000 SF: 318,700 ~ PPSF: $143 NOTE: CapRock Partners, a Newport Beach-based industrial investor, has acquired the Chandler Airport Business Park, a newly built industrial campus outside Phoenix, for $45.5 million.

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Address1900 East Queen Creek Road

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