By Thompson Thrift Real Estate Company
Thompson Thrift Commercial, a wholly owned company of Thompson Thrift, announced the acquisition of approximately 68 acres of land zoned for industrial development, just west of the SWC of Germann Road and Meridian Road in Queen Creek.
The new development will be located within a mile of LG‘s newly announced 1MSF facility, which will generate 2,800 new jobs in the immediate area.
The company plans to begin construction in December on Phase I of the project, which will feature approximately 400KSF of new manufacturing, warehousing and distribution space between five stand-alone buildings. When the project is fully complete, Thompson Thrift Commercial expects to have slightly less than 1.1MSF of space between 13 buildings ranging from 62KSF to 110KSF each. (Source)