AZ Big Media EastGroup Properties Inc. has paid $83 million, or $159.89/sf, for Akimel Gateway, a 519,112-square-foot industrial property in Chandler, Ariz. The Ridgeland, Miss., company purchased the property from a venture Trammel Crow Co. and CBRE Investment Management. Akimel Gateway was built in 2022 at 17500 South 40th St., about 17 miles south of […]

The post 519,112-SF Industrial Property in Chandler, Ariz., Sells for $83Mln appeared first on Commercial Real Estate Direct.