Two prior-firm originations name Chandler, and both are office. Price Road Corridor: Class A, about 83,178 square feet, $14,000,000, bridge, 2019. Owner-user office with a coworking tenant: $15,600,000, 2022. Neither card says Fannie Mae. Office is not an agency asset.
A new Chandler office loan is bank, life company, CMBS, or bridge, depending on occupancy and whether the sponsor occupies the building. The 2019 bridge is not a template. The 2022 card is not labeled bridge and is not labeled refinance. We do not add a purpose the card does not have.
Chandler office: Office is two different loans
Intel’s Ocotillo campus is in Chandler, a semiconductor manufacturing site the company describes as roughly 700 acres. Suppliers and nearby industrial are a Chandler employment story. They are not automatically a life-company or CMBS file, and they are not the published office loans. Source: Intel Ocotillo campus.
| Question | Investor-owned | Owner-user |
|---|---|---|
| Who is the story | Leases, rollover, and the sponsor's basis | The occupant and whether a bank will hold the relationship |
| Usual source | Life company, bank, or CMBS | A bank or credit union more often than a conduit |
Price Road bridge versus the owner-user building
The bridge was transitional office credit. The owner-user loan has a coworking tenant and a sponsor in the building. Those are different risks. Combining them into one Chandler office average would hide that. The bridge page is Chandler bridge. This page keeps both cards because both are office in Chandler.
Scottsdale does not have an office tombstone. Do not send a Scottsdale address and expect this Chandler proof to travel with it.
Medical and industrial are not these cards
Tempe's $745,000 dental loan is medical office in Tempe. Chandler industrial has no published dollar and has its own page. A Chandler office refinance that is actually stabilized may be a bank or life-company hold rather than another bridge.
Send the rent roll, the sponsor's own occupancy, and the rollover. Office credit in 2026 is selective. We will say if the box is closed.
Ocotillo corporate buildings and Chandler Regional clinics
Chandler Corporate Center is office in the Ocotillo area, the business parks south of the downtown square. It belongs with Chandler office, not with a restaurant on the square. Chandler Regional and Dignity medical buildings are clinics near the hospital. A suite leased to physicians is medical-office credit. It is not the hospital’s own balance sheet, and it is not the Price Road tower unless the address actually says Price Road.
Capital for Chandler office
| Source | When it fits |
|---|---|
| Chandler bridge | The Price Road card, which is the bridge, not the 2022 loan. |
| Bank and credit union | A frequent path for Chandler office, including owner-user. |
| Life company | Selective Chandler office when the roster supports an insurance-company hold. |
