Chandler Commons Partners, LLC Purchases Office Campus From Dennis Slutsky For $30.5M In Chandler
5500 West Chandler Boulevard
$30,500,000
$253/SF
Building Size
120,516 SF
Asset Type
Office
Closing
Oct 16, 2026
About this deal
AI
Chandler Center Commons, located at 5500-5590 West Chandler Boulevard in Chandler, AZ, is a 120,516-square-foot office campus situated on 11.94 acres. The property was sold for $30,500,000, representing a price per square foot of $253.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $30,500,000
- Buyer: Chandler Commons Partners, LLC
- Seller: Dennis Slutsky - North Beacon Capital
- Brokers: Geoffrey Turbow & Jamie Swirtz - CBRE
- Square Footage: 120,516
- Acres: 11.94
- Lease Status: 94.4% leased to 19 tenants
The sale involved Chandler Commons Partners, LLC acquiring the property from North Beacon Capital, represented by Geoffrey Turbow and Jamie Swirtz of CBRE. The developers, including Blake Carroll from Platinum Advisors and RBC Dev Co, plan to market individual buildings and suites to investors and owner-users.
On the Map
$30,500,000
$253/SF
Office
View full map
Players
West Chandler Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Geoffrey Turbow to view all their deals.
Browse Arizona office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93