Downtown Chandler: where the address sits
- The square, not Price Road
- Downtown Chandler is the historic square and Arizona Avenue. Price Road is a separate office corridor with its own page. Chandler Fashion Center is citywide retail, not the square. City of Chandler
People who search “downtown Chandler office space” are not asking for the Price Road campus. They mean suites near the square, often over a restaurant or beside a new apartment building. The San Marcos hotel has anchored that downtown for decades. Its rooms are hospitality. The shop on the square is retail. The apartment over the shop is multifamily if you own the residential stack. One postcard can hide three rent rolls.
The city page, Chandler, already mentions downtown in passing. It also carries the published Price Road office cards, which do not belong to the square. This URL exists so a downtown file is not described as Price Road. Chandler Price Road remains the office street. Chandler retail remains the city’s broader shops, including the fashion center.
Square retail, small office, and new apartments
A restaurant lease downtown is short, sales-driven, and often owner-intensive. A lender wants the lease and the trailing sales, not a brochure about the square. An office suite upstairs can be the sponsor’s own occupancy, which is a bank conversation, or a leased floor, which might be life company if the building is large enough. Many downtown buildings are too small for life company. Say the size.
Apartments in and next to downtown Chandler are a multifamily loan when the community, not a single condo, is the collateral. We are not a Fannie Mae DUS lender on that loan. Arizona multifamily is the property-type page.
Where a downtown file is shopped
Bank quotes for a Chandler building the sponsor occupies run through Chandler bank loans. A stabilized hold is closer to Arizona permanent loans. Neither page prints a downtown coupon.
The markets list is Markets. If the address is on Price Road, stop and use that corridor page instead of stretching this one south.
Capital for the Chandler square
| Source | When it fits |
|---|---|
| Chandler bank | A small downtown building the sponsor occupies. We are not the bank. |
| Mixed-use | Shop below and office or apartments above, when one loan covers both. |
| Price Road | Corporate office on Price Road. Not the square. |
| Office | Downtown office is still an office loan. |