Ryan Companies breaks ground on Schrader Farms Business Park

June 19, 2024
Rendering of Schrader Farms Business Park

Project is located minutes away from Chandler Municipal Airport and Loop 202

CHANDLER, Ariz. – Ryan Companies US, Inc., a national commercial real estate solutions provider, announces today the financial closing and beginning of construction for Schrader Farms Business Park. Located at the northwest corner of Queen Creek and McQueen roads, the business park is comprised of three industrial buildings totaling more than 432,000 square feet.

“As the Phoenix market continues to experience speculative industrial deliveries, we are thrilled to break ground on an infill project that will benefit a variety of users in a high barrier to entry submarket,” said Josh Tracy, senior vice president of real estate development, Ryan Companies.” Given this project’s prominent and strategic location in the East Valley, it will suit users looking for space to fulfill their manufacturing, logistics and supply chain needs.”

Schrader Farms Business Park is located minutes away from the Chandler Municipal Airport and is near the Loop 101 and 202 interchanges, Arizona State Route 87, and Interstate 10, making this an ideal location for the project in a fast-growing area. The East Valley is projected to experience an influx of new residents, with 400,000 more people expected to settle in the region by 2050, according to the Maricopa Association of Governments.

“Chandler continues to follow a strategic and thoughtful plan for industrial development in our innovation-focused community,” said Chandler Mayor Kevin Hartke. “We would like to thank Ryan Companies for their commitment to this vision and we are confident that these Class A industrial buildings will make the short list for manufacturing and R&D prospects considering the East Valley.”

Each building will feature its own privately secured yard, 32’ clear heights, LED site lighting, air-conditioned warehouse, an ESFR sprinkler system, and will have ample vehicle and trailer parking. Nearby corporate users include Intel, FedEx, Cardinal Health, and a host of semiconductor related users supporting the Chandler economic ecosystem.

The project is being developed and built by Ryan. Deutsch Architecture Group is the architect of record for Schrader Farms Business Park. JLL Senior Managing Directors Pat Harlan and Kyle Westfall, and Executive Vice President Jason Moore represented Ryan in the transaction, while Executive Managing Director Steve Larsen and Managing Director Bill Honsakerrepresented the seller.

Schrader Farms Business Park is expected to be completed by Q3 2025.
 

About Ryan Companies
Founded in 1938, Ryan Companies offers comprehensive commercial real estate services as a national developer, designer, builder, capital markets advisor and real estate manager with a focus on creating places for people to thrive. Ryan work spans a wide range of sectors and product types including healthcare, hospitality, industrial, mixed-use, multifamily, office, retail, and senior living. Built on the foundation of integrity, honesty and community, Ryan has grown to nearly 2,000 team members in 17 offices and has completed projects in nearly every state. For more information, visit Ryan Companies.

About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 108,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

About Deutsch Architecture Group
Deutsch Architecture Group was founded in 1981 by Bernie Deutsch. Deutsch has served both the public and private sectors, completing over 8,900 projects across multiple sectors including industrial, hospitality, healthcare and retail and earning numerous awards. The firm has been most notably recognized for designing advanced manufacturing facilities and e-commerce distribution centers that support large industrial developers and end-users.

The Deutsch team is comprised of talented architects, interior architects, project managers and support staff. The firm’s success is rooted in the longevity of the team with a combined 200+ years of experience.

Our approach is simple – we are relationship builders in the business of architecture. We embrace the philosophy that designers, consultants and contractors work together as an integrated, cohesive and creative team. We offer comprehensive services including architecture, project management, interior design, master planning, sustainable design, energy efficiency and construction administration. 

Media contact:
Seth Pines
Ryan Companies US, Inc.
860-380-7564