Nuveen pays $170.25 ($153psf) for two, net leased Glendale industrial buildings within LPC’s Park 303 development

8/25/2026

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Phoenix Business Journal

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• Subcategory: Industrial: Distribution, Industrial: Warehouse

• Tag: Sale

• Additional Filters-Subcategory: Industrial: Cross Dock

• Additional Filters-Tags: Sale: Investment, Sale: Net Lease, Sale: Single Property

Highlights
Nuveen Real Estate acquired two fully leased Park 303 buildings for $170 million
The deal represents the highest two-building industrial sale in state history
Park 303 is a 210-acre logistics park with four buildings totaling 3.75 million square feet

Nuveen

Cameron Jones | Portfolio Manager

[email protected]

949-809-2652

Lincoln Property Company (LPC)

John Orsak | SVP, Development-Arizona

[email protected]

602-912-8888