Sita Enterprises Picks Up Chandler Retail Center

The 125,000-square-foot center has a diverse mix of net-lease tenants that attracted the buyer.

Sita Enterprises has acquired a the Chandler Heights Marketplace retail center from Boardman Enterprises from $30.8 million. The property totals nearly 125,000 square feet.

More than half of the property is leased to national retailers, including Bashas’, Ace Hardware, Leslie’s Pools, Starbucks, Orange Theory, Pizza Hut, H&R Block and Edward Jones.

Shane Jimenez of Lee & Associates of Idaho and Jan Fincham and Andrew Lundahl of Lee & Associates Arizona represented the seller. Nathan Cardon of Cardon Commercial represented the buyer.

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