CBRE Arranges $30.5 million Sale of Chandler Office Campus

CBRE arranged the $30.5 million sale of Chandler Center Commons, a 120,516-square-foot, 10-building office campus at 5500-5590 West Chandler Blvd., in Chandler, Arizona.

CBRE’s Geoffrey Turbow represented the seller, North Beacon Capital, a Boston-based private investment and management firm, in the transaction. Jamie Swirtz, also with CBRE, assisted with the sale and serves as the property leasing agent. Chandler Commons Partners LLC acquired the property.

"This was a challenging assignment in an office market that continues to demand creativity and disciplined execution," said Geoffrey Turbow, senior vice president at CBRE. "North Beacon Capital entrusted us, partnered with CBRE and collectively we worked together to identify the right buyer and maximize value for the asset. We created a competitive process, generated strong interest and ultimately completed a transaction that reflects the property's quality, occupancy and location."

The campus consists of 10 single-story office buildings situated on 11.94 acres. At the time of sale, the property was 94.4% leased to 19 office and medical office tenants, including Action Behavior Centers, Brightmont Academy, Movement Mortgage, and Redtail Technology.

"The buyer acquired the property following a competitive marketing process that generated multiple offers. CBRE identified the buyer whose acquisition strategy aligned with the property's long-term objectives and will continue to advise the firm as it executes its ownership strategy," added Turbow.

Chandler Center Commons is within 2.5 miles of Interstate 10, Loop 101 and Loop 202. The property is also less than two miles from Chandler Fashion Center. The Southeast Valley office submarket recorded 69,665 square feet of net absorption in second-quarter 2026, reflecting continued demand for well-located office properties in one of the nation's fastest-growing metropolitan areas.