California Investment Firm Takes Chandler Iridium Facility for $12.7 Million

A 69,429-square-foot flex manufacturing facility and an adjacent 2.97-acre parcel at 1800 S. Price Road in Chandler has been sold for $12.65 million. The building is fully leased to Iridium Communications with an estimated 10 years remaining on their lease. Cohen Asset Management, Inc., a California-based private real estate investment firm purchased the building from…