CHANDLER, AZ-B/E Aerospace has signed a 15-year lease for 48,000square feet at 10 Chandler.
The deal is the largest transaction in the East Valley sofar this year, according to David Krumwiede, executive vicepresident for Lincoln Property Co., which developed and owns 10Chandler. The project consists of nine buildings totaling roughly553,000 square feet. It is an adaptive reuse development of an oldmanufacturing plant that had out lived its usefulness.
B/E Aerospace, which manufactures aircraft cabin interiorproducts, is relocating to Building 2 in 10 Chandler fromHoneywell’s facility at 8530 Hardy in south Tempe, AZ. Krumwiedetells GlobeSt. that B/E Aerospace had been subleasing space at thefacility, but Honeywell needed to expand into the space it hadpreviously subleased. Both companies are Boeing suppliers.
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