Chandler, Ariz. – Z Modular, a division of Zekelman Industries, has signed a 222,000 square foot lease at 6205 S. Arizona Ave. with a 10-year term. Z Modular is a manufacturer of prefabricated steel structures for commercial buildings. The modular structures are constructed in-house with final assembly occurring on-site, where the steel modules are stacked and connected together.
The company is planning to hire approximately 150 net new employees to the region. In addition, the manufacturer will be investing approximately $17 million in tenant improvements and equipment, which includes a significant amount of robotic machinery.
“Z Modular will add to the diverse mix of employment opportunities Chandler offers,” said Chandler Mayor Kevin Hartke. “This project is a great use of existing infrastructure, and we are excited to see one of our largest industrial buildings at full capacity.”
Lee & Associates Arizona Principals Stein Koss and Tom Louer and Kristina Hayes with KW Commercial orchestrated the transaction.
“Z Modular looked at several properties and several markets before selecting Chandler due to the demographics, workforce, and the features this building offered,” stated Stein Koss with Lee & Associates. “We also want to thank the City of Chandler’s Economic Development team for their expertise on the local market and their assistance with landing this significant project.”
About Lee & Associates Arizona
Lee & Associates specializes in providing exceptional commercial brokerage services to the retail, industrial, office, land and investment sectors of the Phoenix commercial real estate market. Each of the nationwide Lee & Associates offices has a strong local ownership combined with a powerful platform from the national Lee & Associates network.
About the City of Chandler
Chandler has built a reputation as the Innovation and Technology Hub of the Southwest. Life in Chandler goes beyond a thriving and dynamic business community with progressive entrepreneurship. Known for its rich diversity, the City offers an outstanding quality of life for all generations with great schools and recreational opportunities. Chandler has grown to become the state’s fourth largest City with a population of nearly 260,000. Chandler was recently named one of the nation’s Best Places to Find a Job and Best Cities for Women in Tech. The City also is one of the safest communities in the nation and boasts AAA bond ratings from all three national rating agencies, one of only 31 communities to achieve this distinction. www.leearizona.com 3200 E. Camelback Rd., Ste. 100 (602) 956-7777 Phoenix, Arizona 85018
About Z Modular
Z Modular is a one-stop shop for modular buildings and services that utilizes a self-bracing structural system which allows for more factory completion than other modular construction systems. We help building developers reduce the cost of design, fabrication and building assembly with fully finished modular buildings – that’s how we MAKE IT eZ. Z Modular is a division of Zekelman Industries, the largest independent steel pipe and tube manufacturer in North America.