Asana Partners has paid $86.5 million for The Alexander & The Johnathan, a pair of class-A experiential office assets totaling 219,580 square feet in Chandler, Ariz.
JLL Capital Markets represented the seller, George Oliver, and procured the buyer.
The $86.5 million sale represents a $394 per-square-foot price.
Recently renovated in 2021, The Alexander & The Johnathan were reimagined to be the premier location for tenants seeking experiential office space with best-in-class amenities, streamlined workplaces, spec suites with move-in-ready design and a health-and-wellness focus. The Alexander offers 112,070 square feet and The Johnathan features 107,510 square feet, which together are 93-percent leased. Shared amenities include a tenant lounge, billiards room, library, bocce-ball courts and outdoor-gaming area, an outdoor-tranquil garden with swinging daybeds, dog patio, green room and meditation room. In addition, the property offers complimentary fitne
