A new project known as Ten56 is set to provide more than 180,000 square feet of speculative industrial space in the West Chandler employment corridor. Developed by STAG Industrial and Becknell Industrial, the building will be located less than a mile from the I-10/Loop 202 interchange at the southwest corner of 56th Street and Chandler Boulevard.
Ten56 will help meet demand for quality industrial products in West Chandler. Industrial vacancy in the area is only 6.2% per CoStar, well below the Phoenix metro average of 11.4%. West Chandler is popular among employers looking for regional connectivity, access to a highly skilled workforce, and proximity to some of Arizona’s leading technology, advanced manufacturing, logistics, and semiconductor employers.
“Industrial development projects like Ten56 are critical to our local economy,” said Mayor Kevin Hartke. “This investment reinforces Chandler’s reputation as a premier location for business and ensures we continue to have the space and infrastructure needed to support the companies that drive our community’s success.”
The speculative development is designed to accommodate a wide range of industrial users. The building will be delivered as shell space with an open layout and divisibility options to allow for multiple tenants…