Shreveport, LA-based Sealy and CalSTRS, first-time partners,acquired the site at 7200 W. Buckeye Rd. from ChamberlainDevelopment LLC of Tempe, AZ in April. Winton Architects Inc. ofPhoenix designed the spec project while Sun State Builders, alsofrom Tempe, is the general contractor.
Payson MacWilliam and Don MacWilliam, both senior vicepresidents and industrial specialists in Colliers International'sPhoenix office, have the marketing assignment and representedChamberlain when the land was sold. Don MacWilliam tellsGlobeSt.com that lease quotes range from 40 cents per sf to 45cents per sf, triple net.
MacWilliam says a flexible design is underwriting the marketingstrategy.
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