|Southwest Value Partners purchased all of the Continuum project, except for the Cyrus One data center on lot 3, assembling143.42 acres of contiguous land in Chandler.|
The Continuum business campus is a mile and a half south of the Loops-101 & 202 freeway interchange in the Chandler Price Corridor. The industrial engineering facility is located at 2501 S Price Rd. The campus has a nitrogen pipeline and dedicated SRP substation that is capable of providing 14 megawatts of electric power.
Capital Commercial Investments previously acquired the land for Continuum (150.39 gross acres) from Motorola on July 27th, 2009 for $18.5m or $123,011 per acre. The Continuum project was platted on August 25th, 2011. Capital Commercial Investments sold lot three (northeast 39.89 acres) to Cyrus One on September 6th, 2011 for $12,198,955 or $39.89 per acre. Cyrus One built a 919,166 square foot data center on the site in 2012. In the subject sale, Capital Commercial Investments sold the property to SWVP pursuant to a sale agreement dated December 11th, 2013.
Director of Civil & Municipal Projects