Meritex, Metro Get Green Light for Chandler Industrial Complex
- Nov 01, 2014
The Chandler City Council has greenlit plans for Chandler Airport Center, a three-building industrial park north of Chandler Municipal Airport. Minneapolis-based Meritex Enterprises Inc. and Metro Commercial Properties of Tempe will develop the project.
Expected to break ground during the first quarter of 2015, the facility will be developed in two phases on a 20-acre site, and will have direct access off the Loop 202 from Cooper Road exit.
The first phase comprises two rear-load general industrial buildings that will measure 122,323 square feet and 89,832 square feet. They will feature bay sizes divisible to about 7,500 square feet, 124-foot truck courts, heavy power and clear heights ranging from 24 feet to 30 feet. The second phase will consist of a build-to-suit office or flex building between 26,000 and 48,400 square feet.
“The site has fantastic visibility on Germann Road with over 2,000 feet of frontage along with direct access from our public streets,” Meritex’s Chief Investment Officer, Dan Williams, said in a statement. “The project will provide excellent opportunities for general industrial users to gain prominent visibility for their wholesale & service facilities and locate closer to their customer base in the Southeast Valley.”
“The product is designed to serve both small and large tenants alike. Though we will deliver two large contiguous blocks of warehouse space to the Southeast Valley that are currently in short supply, we have designed the buildings to functionally subdivide” to spaces as small as 7,500 square feet, added Janet Herlyck, Vice President of Metro Commercial Properties. Each bay will be equipped with both a truck-well and a grade-level door, she noted.
Metro will provide management services for the facilities. Leasing will be handled by Lee & Associates principals Chris McClurg and Ken McQueen.