CHANDLER, ARIZ. — IndiCap and VAC Development have partnered with Mar-Gulf Management, the international real estate subsidiary of Kuwait Financial Centre K.P.S.C., and MDI Capital, the subsidiary of of Mar-Gulf, to break ground on Chandler Bay, a Class A, shallow-bay industrial project in Chandler.
Located at 1820 E. Germann Road, the 110,481-square-foot facility will feature a clear height of 28 feet and column spacing of 50-foot by 56-foot and 60-foot by 56-foot. The multi-tenant property will offer 12 truck well dock doors, 15 grade-level drive-in doors and 5,000 amps power capacity. Additionally, the building will include an ESFR sprinkler system with electric pump, 120-foot to 145-foot truck court depths and parking for 221 vehicles.
Tenant suites will be designed around 9,000-square-foot bay sizes with three speculative office suites ranging from approximately 1,700 square feet to 2,200 square feet delivered during shell construction. Each suite will include expandable 400-amp power service, LED warehouse lighting and fully air-conditioned warehouse space.
Once completed in December 2026, Chandler Bay is expected to be the only shallow-bay industrial project in the area capable of accommodating tenants seeking approximately 17,000 square feet, according to the development team.
The project team includes Berkeley Partners as senior lender, Deutsch Architecture Group as architect, Bowman as civil engineer, Stevens-Leinweber Construction as general contractor and Commonwealth Land Title Insurance Co. as title company. Ken McQueen, Chris McClurg and Blake Peters of Lee & Associates are handling leasing for the project.