512,000-SQUARE-FOOT OFFICE/R&D FACILITY SELLS

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CHANDLER, ARIZ. — Austin, Texas-based Capital Commercial Investments has acquired a 512,000-square-foot office/research and development facility, which is located at 2501 S. Price Rd. in Chandler. Situated on 152 acres between Germann and Queen Creek roads, the two-story property, which was the former Motorola campus, sold for an undisclosed price. Luke Walker of CB Richard Ellis’ Phoenix office represented the buyer; Jeff Adkinson of Jones Lang LaSalle represented the seller, Schaumburg, Ill.-based Motorola, in the transaction.

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