Chandler's Innovations to expand - East Valley Tribune: Business

Chandler's Innovations to expand

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Posted: Saturday, February 11, 2012 6:19 pm

Chandler's Innovations technology incubator is expanding by more than 50 percent after signing a lease that will bring the facility to about 63,000 square feet. The city signed a 12-year lease for 25,000 additional feet adjacent to the site it opened at the San Tan Tech Center, 145 S. 79th St.

Innovations provides office space and laboratories to research and technology-related start-ups, while giving them shared access to conference rooms.

Innovations is in a nearly 130,000 square-feet building that was once an Intel Corp. facility. The building is now 49 percent leased, according to real estate brokerage CBRE. The brokerage represented the landlord, Texas-based Capital Commercial Investments Inc.

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