An 8.56 acre commercial parcel at the SEC of Germann and Stearman Roads sold for $2,221,000 or $5.95 per square foot.
The fully improved parcel is located within First Chandler Business Park and will be the future home of Crown Castle, a wireless infrastructure provider. Plans call for the construction of a 70,000 SF built-to-suit office building. LGE Design Build will be the developer.