Commercial Properties, Inc., Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of a 66,756 SF Class A office/flex building located at 2225 S Price Road in Chandler, Ariz.
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.
Soldo commented, “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.”
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.