By Karen Schutte | Real Estate Daily News
A 16-acre land parcel located near the intersection of Meridian Road and Germann Road in Queen Creek, Arizona, has sold for $6.97 million, highlighting the continued demand for strategically located development land within one of the region’s fastest-growing markets. CRE8 Advisors, a leading brokerage specializing in retail and land acquisitions, represented the seller in the transaction.
The property is situated near the Commercial Metals Company (CMC) plant, a significant industrial investment that has helped the area become an emerging hub for manufacturing, logistics, and industrial growth for many years. The site’s proximity to major transportation corridors and expanding infrastructure makes it an attractive location for future development opportunities.
As Queen Creek continues to experience rapid population growth and economic expansion, industrial and commercial land values throughout the Southeast Valley have remained strong, attracting investors and developers seeking opportunities in high-growth markets. The seller, Superstition View Ranchettes, LLC sold 16.13 acres to BC Invest, who also owns Better Choice Homes.
