Class-A Office Gets Class-A Funding
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The Douglas Allred Company owns adjacent land for future development.
CHANDLER, AZ—A 523,673-square-foot institutional-grade office park located at the intersection of Highways 101 and 202 has just received refinancing to the tune of $93 million. The property, developed and owned by the Douglas Allred Company, is comprised of six, two-story, class-A office buildings located in a master-planned business park with office, hospitality and restaurant uses.
The office park is 100% leased to six tenants including Healthways Inc., Infineon Technologies and Infusion Software Inc. These buildings were constructed on a spec basis between 2009 and 2014, and offer a 5/1,000 parking ratio…