PHOENIX—Hines has won NAIOPArizona's Transaction of the Year for the purchase andentitlement of Chandler Viridian, a mixed-use development at thenorthwest corner of the Loop 101/Loop 202 interchange.

“Chandler Viridian was an incredibly complicated transaction tocomplete and involved years of overcoming challenges,” saysBrandon Dillingham, director of ArizonaDevelopment for Hines. “We are extremely proud that NAIOPrecognized our ability to creatively solve problems.”

Cassidy Turley negotiated the sale of the10.55-acre site at the northwest corner of Loop 101 and Loop 202Freeways in Chandler. Hines Interests LimitedPartnership purchased the former Elevation Chandlersite for $8.25 million. The seller was Price &Frye Investments, LLC.

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