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Industrial

Walmart pays $152M ($119psf) for 1.28M-SF Glendale mega warehouse built by LPC near Luke Field

12/2/2025

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Phoenix Business Journal

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• Subcategory: Industrial: Distribution

• Tag: Sale

• Additional Filters-Subcategory: Industrial: Cross Dock

• Additional Filters-Tags: Sale: Owner/User, Sale: Single Property

• Company: Walmart (NYSE: WMT), Lincoln Property Company (LPC), Jones Lang LaSalle (NYSE: JLL)

Walmart's massive purchase near Luke Air Force Base ranks as the second-largest industrial building sale in Phoenix history. Here are the details of the deal.

Walmart Inc. (NYSE: WMT)

Cindi Marsigilio | SVP, Corporate Real Estate

[email protected]

Lincoln Property Company (LPC)

John Orsak | SVP, Development-Arizona

[email protected]