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CapRock Acquires Newly Built Industrial Park in Chandler, Arizona

Chandler Airport Business Park Sells for a Little Over $42 Million
The industrial property at 1950 E. Queen Creek Road, seen in this rendering, is one of four properties now owned by CapRock Partners. (CoStar)
The industrial property at 1950 E. Queen Creek Road, seen in this rendering, is one of four properties now owned by CapRock Partners. (CoStar)
By Thomas Ferguson
CoStar Research
March 28, 2024 | 4:05 P.M.

CapRock Partners, a California-based privately owned investor and developer of industrial properties, has expanded its holdings in Phoenix by acquiring the four-property Chandler Airport Business Park for $42.57 million, or $133.57 per square foot.

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