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Avnet building in Chandler purchased for $32.5M

PHOENIX — A California real estate investment trust purchased the Avent building in Chandler for $32.5 million on Tuesday.

According to the Phoenix Business Journal, Avnet will stay in the building near Pecos Road and 56th Street.

The building was custom-built for Avnet in 2010. The company has a lease through 2020.