Developer: Sun State Builders General contractor: N/A Architect: Balmer Architectural Group Location: 6877 W. Frye Rd., Chandler Size: 162,500 SF Brokerage Firm: Lee & Associates Arizona Value: $15M Start/Completion: Q1 to Q4 2014
The new Av-Air, Inc. buildings will consist of a 92,500 SF building with 20KSF of office space and a 70KSF building storage/distribution building. Both buildings will feature metal deck, steel trusses, 30-foot clear height, grade level and truck well loading doors.
The 17/Union Hills Business Center, a two-building, 113,880 SF industrial and showroom project is expected to break ground May 2014 at 2350-2400 West Union Hills Drive in Phoenix.
The multi-tenant project consisting of 61,320 SF and 52,560 SF buildings will feature 24’ clear height, dock and grade level loading, ESFR fire protection and fenced truck courts. Space availabilities begin at 4,755 SF. Each suite will offer at least one dock door and one grade level door, with many of the suites offering multiple dock doors per bay.
The property is currently owned by Jim Chamberlain whose company Sun State Builders has been constructing and developing industrial and office buildings in the Phoenix area for 40 years. Greenwood & McKenzie, a real estate investment company in Tustin, CA, will be purchasing the project upon its completion in November. Carl Greenwood and his partner Jim McKenzie have been acquiring projects from Jim Chamberlain for almost 35 years. Wes Balmer with Balmer Architectural Group was selected as architect. Lee & Associates Arizona principals Matt Hobaica and Jeff Conrad were chosen to market the property.
“Sunstate, along with Carl and Jim, have been involved with this infill site for some time. After assessing current market conditions, they have determined it is time to put the land into production,” said Conrad.
The Deer Valley submarket has proven itself to be one of the most dynamic industrial submarkets in the Greater Phoenix area. Vacancy for Class A, multi-tenant industrial space is tight for small to mid-bay users looking for frontage opportunities with immediate proximity to Interstate 17 and the Loop 101. “The 17/Union Hills Business Center is well-positioned to capture the pent-up demand for this new product,” said Hobaica.
Arizona-based Av-Air, Inc. has hired Sun State Builders to construct its new two-building, 162,500+ SF headquarters for a total project cost of nearly $15M.
The 6.17-acre parcel at 6877 W. Frye Rd., Chandler, Ariz., fronts the Loop 202 Freeway in Santan Technology Park. Av-Air purchased the property and broke ground soon after.
Andy Ogan, Principal with Lee & Associates Arizona negotiated the transaction for the land and build-to-suit project. Architectural services were provided by Wes Balmer with Balmer Architectural Group. Tom Altieri of MidFirst Bank provided the financing with an SBA 504 loan. According to Altieri, it was one of the largest SBA loans done in Phoenix-area history.
The new buildings will consist of a 92,500 SF building with 20,000 SF of office space and a 70,000 SF building storage/distribution building. Both buildings will feature metal deck, steel trusses, 30’ clear height, grade level and truck well loading doors. The project is estimated to be completed in the fall of 2014.
Av-Air, a provider of aftermarket aviation parts and services, will vacate 67,000 SF it currently owns & occupies in its Chandler headquarters at 33 South 56th Street and 1510 West Bell De Mar Drive in Tempe and consolidate operations in the new facility. Av-Air will be offering the 67,000 SF in both facilities for lease, Ogan will be the listing broker for both properties.
Developer: Chamberlain Development Contractor: Sun State Builders Architect: Winton Architects Broker: DAUM Commercial Size: 105,000 SF Location: 1881 E. University, Phoenix Completed: August 2010
The Keller Electrical project was one of the first buildings in Arizona to complete a solar rooftop energy system with APS. The 270KW system is capable of powering a substantial amount of the total building demand. Keller employs more than 100 workers at its state-of-the-art manufacturing, testing and office headquarters. Keller’s clients include APS, the City of Phoenix, the City of Scottsdale and most large motor companies worldwide. Keller is located on 6.55 acres at Sky Harbor Business Park. The project received new markets tax credit financing, a program designed to spur investment into low-income communities.
Honorable Mention: Power-One (Phase I & II)
Developer: Power-One Contractor: Wespac Construction Architect: SmithGroup Broker: CB Richard Ellis Size: 120,000 Location: 3201 Harbour Dr., Phoenix Completed: January 2010
Developer: Chamberlain Development General contractor: Sun State Builders Architect: Winton Architects Location: NEC 71st Ave. & Buckeye Rd. in Phoenix Size: 284,150 SF
The $40M facility in Buckeye includes 50,000 SF of freezer space and 90,000 SF of cooler space. Construction began February 2010 and is scheduled to be complete at the end of the year. Brokerage firm for the tenant was Colliers International.