Hewson Chandler Airport Center Changes Hands
Douglas Allred Co. Acquires Industrial Park in REO Sale
November 12, 2009
The Douglas Allred Co. purchased the Hewson Chandler Airport Center in Chandler, AZ, for $7.1 million, or $38 per square foot, in an REO sale.
The three-building industrial park at 2440, 2450 and 2460 E. Germann Road in Chandler totals 187,000 square feet. It and offers access to the Santan Freeway and the Chandler Municipal Airport. All three buildings were built in 2008.
Bob Crum at Ross Brown Partners Inc. represented both the buyer and the seller, Bank USA.
For additional information, please reference CoStar COMPS #1817862.