Yes, you can make the two measurements you describe to produce an entangled state consisting of (a1,c2); they don't have to be sequential unless you want information from one of the two measurements to inform some controllable feature about the other measurement.
Let's say you aren't worried about sending information between those two measurements. And let's say each of your entangled particles is just a single qubit (say, a spin-1/2 state.). Now you measure (a2,b1) in an entangled basis (yielding one of four outcomes, A={0,1,2,3}) and you also measure (b2,c1) in an entangled basis (yielding one of four outcomes, B={0,1,2,3}). According to quantum theory, the consequence of those two measurements is that you have created a single state consisting of the remaining two qubits (a1,c2), and that state can generally be entangled.
The question of which precise entangled state you end up with depends on the results of those joint measurements -- in general, the outcomes AB can take 16 different combinations, so in general you end up with one of 16 different states. You don't know which one you have until you learn the values of A and B.
The order in which you make the measurements (A,B) or (B,A) doesn't matter as far as the final entangled state you end up with, given the same two outcomes. Now, it does make a difference as to the intermediate steps in your traditional quantum calculation; depending on which one happens first, you get a different account of what is happening in the middle. But that's all in the calculational mathematics; you can't see any difference in the lab. So you might as well treat them as happening simultaneously.
Interestingly, there is another way to make the calculation, using path integrals, where it doesn't matter which order you make those two measurements. The intermediate steps of the path integral calculation look the same regardless of which order you are using (A before B, or B before A, or simultaneously). See this paper for details.
Finally, note that this precise scenario can then bring the particles (a1,c2) together and make a third joint measurement on these two particles. This is known as the interesting "triangle network" (you can also find details about this in the above paper).