Prologis Acquires Industrial Asset From Pizzuti Cos & Heitman For $104 Million In Glendale

The property involved in this transaction is an industrial asset located at 6801 North Cotton Lane, Glendale, AZ. The sale was completed for a total of $104,000,000, translating to approximately $114 per square foot for the 915,160 square feet of the Cotton 303 Logistics Center.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $104,000,000
• Square Footage: 915,160
• Price Per Square Foot: $114
• Buyer: Prologis
• Seller: Pizzuti Cos & Heitman
• Date of Sale: 03/23/2026
• Market: Glendale, AZ

The transaction was facilitated through Cushman & Wakefield, acting on behalf of the seller, Pizzuti Cos & Heitman. Prologis has successfully acquired the property, adding to its portfolio in the Glendale industrial market.