YMC Arizona Properties Acquires Portico Place Office Property in Chandler, Arizona for $21.7M


The two-building Portico Place I and II in Chandler, Ariz., features 89,182 square feet of office space.

CHANDLER, ARIZ. — YMC Arizona Properties, a private investment group based in Los Angeles, has purchased Portico Place I and II, a two-building office property located at 2121 and 2195 W. Chandler Blvd. in Chandler. Milwaukee-based Irgens sold the complex for $21.7 million.

Situated in the South East Valley, Portico Place I and II offers 89,182 square feet of office space, with lease rates ranging from the high $20s to low $30s per square foot.

Erik Marsh of Kidder Mathews represented the buyer in the deal.

Read the Digital Editions

Southeast Affordable Housing Business

Heartland Recent Issue

Northeast Recent Issue

Southeast Recent Issue

Texas Recent Issue

Western Recent Issue

Shopping Center Business

California Centers

Ancillary Retail

Student Housing Business

Seniors Housing Business

Featured Properties