-Valin, Caltrol lease 50,000 square feet at Chandler Crossroads
PHOENIX, AZ – March 7, 2019 – Rockefeller Group announced today that it has signed two tenants at Chandler Crossroads, a 100,000 square foot flex industrial building at the corner of Gilbert and Queen Creek roads in Chandler, Ariz. Valin Corporation, a leading distributor of automation, filtration, fluid management, precision measurement, and process heating products and solutions, will occupy approximately 32,000 square feet and Caltrol, an Emerson Impact Partner that brings leading automation solutions including process control solutions, valves, and instrumentation to a wide range of industrial markets, will lease approximately 18,000 square feet. Valin will use the space for operations and logistics staffing, warehousing, electrical assembly, gauge certification and distribution while Caltrol will use the space for light assembly, fabrication, Control System FAT’s, repair services and warehousing.
“Rockefeller Group is proud to welcome Valin and Caltrol to Chandler Crossroads,” said Mark Singerman, Regional Director at Rockefeller Group’s Phoenix office. “We developed this product to be flexible, allowing for not only warehouse distribution but also manufacturing. The two companies are the ideal tenants for the flex-industrial product offering.”
“Valin is excited to be expanding our presence 4-fold in the Phoenix market with our new space at Chandler Crossroads,” said Joseph Nettemeyer, President and CEO of Valin Corporation. “The move to Phoenix allows us to better serve the Southwest and West markets and be closer to some of our larger, heavy industrial equipment customers.”
The building was attractive to both companies due to its excellent location approximately 4 miles from Intel’s campus and high visibility intersection. Both companies will have signage on the building.
“This is a significant investment by Emerson and Caltrol to better serve our Arizona customers in the mining, power and semiconductor industries,” said Steve Babensee, President of Caltrol. Inc. “It is in our strategy to bring more skilled and diverse service resources closer to our customers and Chandler Crossroads is a great location where we can do that.”
Caltrol is more than tripling its capacity to serve Arizona customers in the move from its current location in Tempe.
Approximately 50,000 square feet is still available for lease at the building.
Paul A Sieczkowski and Rob Martensen of Colliers International represented Rockefeller Group on the lease and are marketing the building for the company. Rich Hoyt, Chip Wiser and Joe Vale of Newmark Knight Frank represented Valin and John Grady of CBRE represented Caltrol.
“CHANGE THIS AND THE FOLLOWING PARAGRAPHS”
Avra’s prominent new location has excellent street presence, with significant frontage along Avenue of the Americas, high ceilings and large windows.\ It also offers easy access to a new Rockefeller Center concourse entrance and numerous subway lines.\ The outdoor dining area will be set back from the street, enlivened by recently completed water features.\ Avra is anticipated to open in the fall of 2021.
“Avra was the leading candidate for the space before the pandemic struck,” said Eric Gelber, executive vice president of CBRE’s Tri-State Retail Services Group.\ “Avra’s completion of the lease and its commitment to the building in such unprecedented times demonstrate its belief in the resiliency of New York and in the uniqueness of the space in 1271 Avenue of the Americas.”
CBRE’s Eric Gelber and Jordan Kaplan represented ownership, in coordination with Rockefeller Group’s Ed Guiltinan and Jennifer Stein.\ Avra was represented by CBRE’s Gary Trock and Zach Parisi.
Signup
Stay up to date with the latest Rockefeller Group news.
