Galveston Tech Center
Photo courtesy of Capstone Advisors

Galveston Tech Center Photo courtesy of Capstone Advisors

 Capstone Advisors, a real estate investment firm based in Carlsbad, has acquired an Arizona industrial and office building for $14 million.
The Galveston Tech Center in Chandler was 92% occupied at the time of sale.
Tenants included CVS Health and Qorvo, a semiconductor tech firm.
Capstone advisors was represented by Steve Lindley of Cushman & Wakefield.
“We’re pleased to add Galveston Tech Center, an as-good-as-it-gets multi-tenant industrial/flex asset in the dynamic west Chandler market,” said Alex Zikakis, president of Capstone Advisors.
“West Chandler is in the heart of the Silicon Desert, with excellent demographics, strong growth, and home to a wide collection of corporate tenants,” Zikakis said.