Lovett Starts Work on 1.1 MSF Phoenix-Area Logistics Center

Lovett Industrial has broken ground on North Park Logistics Center, a 1.1 million-square-foot, cross-dock facility on about 55.68 acres in Glendale, Ariz., a suburb of Phoenix. The developer partnered with Peakline Real Estate Funds on the project, with delivery scheduled for the second quarter of 2027.

The property, developed on a speculative basis, will feature 40-foot clear heights, an 8-inch reinforced concrete slab, 197 dock-high doors and 29 knockout panels. Its trailer parking will feature truck court depths ranging from 185 to 367 feet.

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Located in metro Phoenix’s Southwest Valley, North Park Logistics Center will offer access to Northern Parkway, Loop 303 and Interstate 10. The property is planned as a multi-phase development, with the second phase totaling about 623,000 square feet.

Willmeng Construction is serving as the general contractor, with HPA as the lead architect and Hunter Engineering as the project’s civil engineer. Bank OZK is the senior construction lender. Marketing and leasing of the property will be handled by CBRE.

North Park Logistics Center marks Houston-based Lovett Industrial’s fifth industrial development in the western U.S. Other projects include I-10 Innovation Center in Tolleson, Ariz., Lovett 76 Logistics Center in Brighton, Colo., Broadway Logistics Center in Denver, and Renaissance Logistics Center in Rialto, Calif. All together, these projects total about 1.6 million square feet.

Phoenix industrial market stays hot

Lovett Industrial sees increasing demand in the market from large-format occupiers looking to serve both the local market and the broader region, according to company CEO Charlie Meyer in a statement.

At the beginning of 2026, almost 17.7 million square feet of industrial space was under construction in the greater Phoenix market, according to a Yardi Matrix report. That is about 4 percent of total existing inventory, a figure that is much higher than the 1.7 percent national average.

The large influx of space–about 4 percent of inventory also came online during all of 2025–has also driven vacancy in the Phoenix market upward. As of the first quarter of 2026, the rate stood at 11 percent, compared with the 9.8 percent U.S. average, Yardi Matrix reported.