Thompson Thrift, a full-service nationally recognized real estate company, announced today that it has started construction on the first phase of the 1-million-square-foot Germann Commerce Center inQueen Creek, a thriving 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 as electric vehicle 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 approximately 400,000 square feet of speculative light industrial space in five standalone buildings spread across approximately 26 acres. The buildings will offer front-park/rear-load industrial, with clear heights from 28 to 32 feet and frontage on East Germann Road.