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| Industrial Manufacturing Complex, 6615 West Boston Street Chandler, AZ |
CHANDLER, AZ – DAUM
Commercial Real Estate Services has completed the 10-year lease of
48,000 square feet of a 96,000 square-foot industrial manufacturing property in
the Phoenix submarket of Chandler, Arizona, on behalf of the lessee, Advanced
Circuits, one of the top-three largest printed
circuit board manufacturers in North America.
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| Sebastian Sica |
“Our Client was seeking to relocate from their previous
Arizona location after 20 years, as part of a company expansion that will bring
several jobs to the area, as well as a desire to modernize its manufacturing
facilities,” explains Sebastian, who represented the tenant along with DAUM
Executive Vice President Rich Sica.
According to Sebastian, DAUM began working with Advanced
Circuits a year ago after the firm expressed interest in another property.
“After strategically determining that the initial space was not an ideal
fit, we continued to work with Advanced Circuits to identify a property that
could be tailored to its needs as the firm expands,” continues Sebastian.
“Through working closely with the tenant, landlord, and
contractors, we were able secure a long-term lease for this recently-renovated
property in a strong location, as well as negotiate tenant improvements that
met the Client’s requests.”
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| Rich Sica |
The firm will also benefit from being a part of the growing tech industry in Chandler, which includes the headquarters of Microchip Technology and an Intel campus that recently received a $7 billion investment, he notes.
The lessor in this transaction is Montreal, Canada-based global real
estate company Ivanhoé Cambridge.
The building features 24’ clear height, high-end office space, and
dock-high and grade-level loading.
Recent upgrades to the asset include a new roof, T-5 warehouse lighting, a
fresh coat of exterior paint, and a new access ramp to the office space.
CONTACTS:
Micaela Fehrenbach / Elisabeth Manville
Brower Group
(949) 955-7940
