Phoenix, Arizona (June 30, 2026) – 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.
“This transaction reflects the increasing interest we continue to see in Queen Creek and the surrounding Southeast Valley," said Rommie Mojahed of CRE8 Advisors. "With major employers, infrastructure investments, and industrial users expanding throughout the area, demand for well-located land remains exceptionally strong,” Properties near major employment centers are becoming increasingly valuable as businesses position themselves to capitalize on the region's growth.
CRE8 Senior Advisor, Lindsey Dulle added, “The sale further demonstrates the strength of Arizona's land market and the continued expansion of industrial development throughout the Phoenix metropolitan area.”
For additional information regarding land investment and development opportunities throughout Arizona, contact CRE8 Advisors at www.CRE8advisors.com.