Hines Acquires 25.5 Acres of Land in Chandler for $20.4M for $20M, Sells 15 Acres to Broadstone Fashion Center for $12M
• Hines purchased 25.5-acres of land at SWC Loop 101 (Price Fwy) & Frye Rd in Chandler for $20.42M, future site of Chandler Viridian.
• Broadstone Fashion Center LLC purchased 14.95-acres of the site from Hines for $12.17M - the space reserved for a planned 335-unit multifamily project.
• It is anticipated that the space reserved for the hotel will also will be sold.
BREW packs in many more details about the activity...
SWC Loop 101 (Price Fwy) & Frye Rd, Chandler AZ