200KSF Chandler ‘Mach One’ Office Project

Mach 1
Share the Post:

[vc_row][vc_column][vc_column_text]A venture formed by Trammell Crow Co. in Phoenix has completed the purchase of a site in Chandler to develop a 200KSF speculative office project (AZBEX, July 15, 2014).

The two-building complex, being called Mach One, will be built on a parcel located within the Chandler Airport Center business park. The Class A office space is targeted for a 19-acre site located along the south side of the 202 Loop (San Tan Freeway) and just east of Cooper Road.

A company formed by Trammell Crow and Prudential Real Estate Investors paid $5.4M ($6.50 per foot) to buy the land.

Butler Design Group in Phoenix is designing the project, which will be comprised of two, two-story buildings each totaling 100KSF. Construction will start immediately with completion of the shell structures to take 12 months. Willmeng Construction Inc. in Mesa will serve as contractor.

Development cost (land and buildings) is estimated at $38M. Alliance Bank is providing construction financing.

The parcel acquired by the Prudential/Trammell Crow venture is within the 133-acre Chandler Airport Center, which is being developed by an affiliate of Disney Corp. Chandler Airport Center is located along a highly desirable employment corridor that runs from the 101 Loop in South Scottsdale and bends east along the 202 Loop through Chandler and into Gilbert.

View on AZBex

View on Phoenix Business Journal[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”36846″ img_size=”full”][/vc_column][/vc_row]

Related Posts

EducationEventsIndustry Events

The Willmeng Fence Post Kickoff

Willmeng created the Fence Post series to inform clients and ...
Read More →
CultureIndustry EventsSafety

Recapping Construction Safety Week: Heat Safety, Fall Protection & More!

Construction Safety Week has once again served as a beacon ...
Read More →
Awards

Best of NAIOP 2024 Awards Dinner

The 2024 Best of NAIOP Awards Dinner was a major ...
Read More →
2024 RED Awards Awards

Here are the finalists for the 2024 RED Awards

From game-changing hospitality projects like The Global Ambassador in Phoenix ...
Read More →
AIM Ribbon Cutting AviationEducationPress

Phoenix Rising Investments, Willmeng Celebrate Grand Opening of New Aviation Institute of Maintenance Campus

March 7, 2024 – PHOENIX, Ariz. – Phoenix Rising Investments ...
Read More →
Sun Valley Academy Rendering Education

Willmeng Breaks Ground on Sun Valley Academy’s New Glendale Campus

Ceremony features Diamondbacks legend Luis Gonzales and  Corporation Commissioner Anna ...
Read More →
Scroll to Top