Sita Enterprises has acquired a the Chandler Heights Marketplace retail center from Boardman Enterprises from $30.8 million. The property totals nearly 125,000 square feet.

More than half of the property is leased to national retailers, including Bashas', Ace Hardware, Leslie's Pools, Starbucks, Orange Theory, Pizza Hut, H&R Block and Edward Jones.

Shane Jimenez of Lee & Associates of Idaho and Jan Fincham and Andrew Lundahl of Lee & Associates Arizona represented the seller. Nathan Cardon of Cardon Commercial represented the buyer.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.