Thompson Thrift Commercial has bought 68 acres of land zoned for industrial development, just west of the southwest corner of Germann Road and Meridian Road in the Phoenix suburb of Queen Creek, Ariz.
“We are thrilled to grow our presence in the booming Queen Creek area,” said Chris Hake, senior vice president, director of the Southwest region of Thompson Thrift. “With a low industrial vacancy of less than 3 precent in the Southeast Valley, and strong demand evidenced by national users like Google, Apple, Amazon, Intel, LG and others, we expect strong interest as other industrial users migrate to the submarket.”
Located just minutes away from the Phoenix-Mesa Gateway airport and with easy access to Loop 202 and the soon to be complete State Road 24, the parcel is well positioned to take advantage of the skilled workforce of Phoenix’s Southeast Valley. The new development will be located within a mile of LG’s newly announced 1 million-square-foot facility, w
