Thompson Thrift breaks ground on first phase of 1msf industrial development near Phoenix
Thompson Thrift has started construction on the first phase of the 1 million-square-foot Germann Commerce Center in Queen Creek, a suburb southeast of Phoenix.
“Queen Creek is one of the fastest-growing cities in Arizona and has emerged as a preeminent industrial submarket,” said Ashlee Boyd, managing partner for Thompson Thrift Commercial. “We value the relationship our company has established with the city of Queen Creek over the years, and we are excited to bring another great project to this dynamic community. With strong demand from industries such manufacturing, distribution, aerospace and defense, and pharmaceutical users we expect that the Germann Commerce Center will be a welcome addition to this dynamic region.”
Located on the southwest corner of Germann and Meridian Roads, the first phase of Germann Commerce Center will consist of about 400,000 square feet of speculative, light-industrial space in five standalone buildings across about 26 acres. The