March 6, 2020
Lincoln Property Co. (LPC), along with Roth Development Corp. and Scottsdale Investment Management LLC, launched construction on the first phase of Park303, an industrial property in Glendale, AZ that, upon buildout will hold up to 4.5 million square feet. The $115-million, 71.5-acre first phase will consist of two buildings, measuring 705,531 square feet and 488,995 square feet, or a single building, totaling 1.25 million square feet.
This development will be between Loop 303 and Sarival Road, north of Bethany Home Road and South of Glendale Avenue. Butler Design Group is the architect, and Hunter Engineering is the civil engineer. Willmeng Construction is the general contractor. Completion is scheduled for Q4 2020.
“(Park303) gives industrial users space that can be customized quickly from two buildings into one, allowing it to support multiple tenants or quickly adjust to support a single, major tenant requirement. It is an exceptional product in an exceptional location,” said LPC’s David Krumwiede.
Photo by Pete Pallagi
Pictured (L-R): Ray Malnar (City of Glendale); Joyce Clark (City of Glendale); Sintra Hoffman (WESTMARC); Jerry Weiers City of Glendale); Paul Hughes (Arizona Commerce Authority); David Krumwiede (Lincoln Property Co.)
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