
Erickson Companies Taps Into Chandler/Roseville Fervor
Erickson Companies recently acquired a multi-state portfolio from an undisclosed seller for $26.25 million. The industrial properties consist of a 40,000-square-foot headquarters facility on 13 acres in Chandler and a 20,000-square-foot facility on 15 acres located in Roseville, CA.
Erickson Companies was a tenant at both locations prior to the acquisition. The Chandler property is located at 250 N. Beck Ave. and serves as Erickson Companies’ headquarters. The Roseville property is located at 8350 Industrial Ave. and serves as a regional office for the company. Erickson Companies also has regional office locations in Reno and Tempe.
Cushman & Wakefield’s Phil Haenel, Mike Haenel, Andy Markham and Will Strong represented both parties in the transaction.
“This was a great opportunity for Erickson Companies to acquire a high quality industrial asset strategically positioned along the I-10 Freeway in the Chandler submarket, a preferred location for the region’s cutting-edge corporate users,” said Phil Haenel. “The corridor is distinguished for its dynamic corporate setting, intelligent and innovative labor pool, friendly neighborhoods, inviting shopping and dining scene, and a world-class infrastructure that includes high-capacity utilities.”
- ◦Acquisition