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Mark IV Capital Breaks Ground on Bldg. 6 at Chandler Freeway Crossing II

Developer Retains JLL to Lease Up Speculative Office Project
January 24, 2018
Mark IV Capital, a Newport Beach, CA-based real estate firm that acquires, develops and manages commercial projects, broke ground on Bldg. 6 in Phase II of the 40-acre Chandler Freeway Crossing business park at 2625 W. Geronimo Place in Chandler, AZ.

The three-story, 153,370-square-foot property will join three existing office buildings within the Chandler Freeway Crossing business park. The campus is occupied by multiple tenants including Smart Modular Technologies, ASML and Western Digital, among others.

The 2625 building is expected to deliver by the fourth quarter of 2018, and will feature 14-foot ceilings, 51,000-square-foot floor plates, freeway visibility for signage and a collaborative roof deck for private tenant use.

Dave Seeger, managing director of JLL, said, “Chandler is one of the fastest growing urban-suburban business environments in the nation, with no signs of slowing. The 100 percent occupancy of Chandler Freeway Crossing underscores that growth. The 2625 building, and future development within this park, will help alleviate that deficit, offering a premier option for businesses looking to plant a flag here.”

Construction will begin on Building 5, a proposed 125,000-square-foot property, upon successful lease-up of the 2625 building, according to Mark IV Capital.

Seeger, along with Karsten Peterson and Mark Gustin of JLL, will handle leasing efforts for Chandler Freeway Crossing II.
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