PHOENIX-A local development firm has purchased a parcel in a suburb of Phoenix where it plans to build a business park.

A partnership group headed by Mesa-based Michael A. Pollack Real Estate Investments purchased a 13-acre parcel at the southeast corner of Arizona Avenue and Elliot Road in Chandler. The partnership plans to build the Pollack Business Park, which will have office and light industrial space.

“Our long-term goal is to maintain ownership of the property and keep it in our own portfolio,” says Michael Pollack, company president.

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