facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Arizona

/

Industrial

/

Lease

/

Loop 303 at Glendale Avenue

Lincoln Property Company Leases 629835 Sq. Ft. Industrial Space To 3PL Provider In Glendale
LEASEDIndustrial

Lincoln Property Company Leases 629835 Sq. Ft. Industrial Space To 3PL Provider In Glendale

Building Size

Asset Type

Industrial

Closing

Mar 25, 2026

AI

Lincoln Property Company leased all 629,835 sq. ft. of Park303 Building A located at Loop 303 at Glendale Avenue in Glendale, AZ. The asset falls under the industrial category and is part of a larger, LEED-certified industrial campus totaling 3.75 million square feet.

Summary of transaction details:

This leasing transaction represents a significant development as the 3PL provider has secured the space to cater to a Fortune 250 client, resulting in full occupancy for the industrial campus.

Players

Dan McGillicuddy

JLL

Broker

1 deal

Broker
Lincoln Property Company
Lincoln Property CompanyLandlord

Market Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93