Chandler, Ariz. — JLL has arranged the sale of Ocotillo Plaza, a retail building located in Chandler’s Ocotillo area.
Thompson Thrift Retail Group sold the property to Slater Avenue II for $11.2 million. The 121,829-square-foot building was renovated from a former Target store into a multi-tenant retail property. Current tenants include Goodwill, Shoppers Supply, and a home and outdoor supply retailer. Peter Bauman, Tivon Moffitt, Dennis Desmond and Tyson Switzenberg of JLL represented the seller, while Nina Patel represented the buyer in the deal.