Lincoln Property Co. Completes $85M Speculative Industrial Building in Metro Phoenix
GOODYEAR, ARIZ. — Lincoln Property Co. has completed Lincoln Logistics 40, an industrial building situated on 50 acres at Interstate 10 and Bullard Avenue in Phoenix’s West Valley.
The 901,770-square-foot building is the area’s first-ever 40-foot clear height fully speculative industrial development. Located within The Airport Gateway at Goodyear, the building features 161 dock- and grade-level doors, 185 trailer storage units, 551 parking stalls (expandable to 1,340 stalls), fiber optic data and energy efficient clerestory windows in lieu of skylights.
Additionally, the building offers move-in ready speculative suites with 3,202 square feet of fully built-out office space and high-end Class A finishes, 13-foot ceiling-to-floor glass, an outdoor amenity area and a functional interior layout with the ability to add office, conference room and administrative uses.
The property also features a Foreign Trade Zone Magnet Site classification and direct access to the amenities of The Airport Gateway Center at Goodyear, which at build-out will include more than 2.5 million square feet of regional retail, hospitality, office and medical uses and 3 million square feet of industrial and warehouse space.
The project team included Layton Construction and Butler Design Group. John Werstler, Rusty Kennedy and Cooper Fratt of CBRE are serving as the leasing team for the property.