SVP Buys Chandler Biz Park
By the time investors get to Phoenix, they might find that everything already has been snapped up. San Diego's Southwest Value Partners expanded its portfolio in the area with the purchase of Continuum, a 152-acre master-planned business park in Chandler. The nearly $52M acquisition includes a 463k SF office building and 81 acres of land for future development, where SVP's Justin Merritt says the company will launch a build-to-suit program. The company also owns 38 acres directly adjacent. Cassidy Turley brokered the deal for SVP and seller Capital Commercial Investments.