Commercial Properties Inc., Arizona’s largest locally owned commercial real estate brokerage, announced the sale of a 66,756 square-foot Class A office/flex building located at 2225 S. Price Rd. in Chandler.
John G. Soldo, SIOR of CPI’s Tempe office represented the buyer, Ross Mitchell of Dunbar Real Estate Investment Management from El Segundo, CA, in this $6.5 million sale.
“Dunbar is very active in the greater Phoenix market and was looking for another good investment here. The former Isagenix property, although vacant, is located in the Price Road Corridor, known for high-tech & biomedical growth, and was the perfect investment for Dunbar,” Soldo said.
The property is located just south of the Loop 202 East & Loop 101 North interchange with frontage on Price Road. The property was owned by Isagenix International, which was represented by JLL.
