Colliers International sells medical office in The Presidio in Chandler

Sun State Cardiology to relocate administrative offices to The Presidio

Phoenix, October 2, 2017 – Sun State Cardiology purchased a medical office building in The Presidio at 1100 S. Dobson Road, Suite 118, in Chandler, Ariz. The growing medical practice plans relocate administrative offices to the Presidio and expand its patient operations in its existing Tempe location.

Philip Wurth, executive vice president with Colliers International in Greater Phoenix represented the seller, SDBP III, LP, in the marketing and sale of the property. Samir Sawhney of XCD Realty & Property Management represented Inderworld, LLC, dba Sun State Cardiology, in the acquisition.

“Physicians continue to show interest in the Chandler medical corridor,” says Phil Wurth, executive vice president of Colliers International in Greater Phoenix. “Medical groups want to take advantage of limited opportunities to own property in the corridor. The area is particularly attractive to physicians who work with Chandler Regional Medical Center, Mercy Gilbert Medical Center and Banner Desert Medical Center.”

The 2,038-square-foot medical office property was sold for $394,258. The suite is part of The Presidio, a Class A professional and medical office building complex in Chandler, adjacent to the Loop 202. The property is within a mile of Loop 101 and Dignity Health Chandler Regional Medical Center. The project is currently 95 percent occupied and a second phase of development at the park is planned next year.

Sun State Cardiology currently operates from 2600 E. Southern Avenue in Tempe. The practice, which was formed in 1984, provides all cardiac-related services, including preventive, diagnostic, and interventional services in patients with all types of heart conditions. 

About Colliers International Group
Colliers International Group Inc. (NASDAQ and TSX: CIGI) is an industry leading global real estate services company with 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that helps clients accelerate their success. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 12 consecutive years, more than any other real estate services firm. Colliers also has been ranked the top property manager in the world by Commercial Property Executive for two years in a row.

For the latest news from Colliers, visit or follow us on Twitter (@Colliers) and LinkedIn.

Colliers International in Greater Phoenix has served clients locally and globally for more than 35 years.