{"id":1004397617,"date":"2020-03-05T01:20:37","date_gmt":"2020-03-05T09:20:37","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004397617"},"modified":"2020-03-05T04:42:43","modified_gmt":"2020-03-05T12:42:43","slug":"lincoln-property-kicks-off-4-5-msf-phoenix-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/","title":{"rendered":"Lincoln Property Kicks Off 4.5 MSF Phoenix Project"},"content":{"rendered":"
\"Park303.<\/a>

Park303. Image courtesy of Lincoln Park Co. <\/em><\/p><\/div>\n

A Lincoln Property Co. joint venture has broken ground on Park303, a master-planned industrial development in Glendale, Ariz. The first phase of the project includes a 705,531-square-foot facility and a 488,995-square-foot building, which can combine into a single structure. The two facilities will be built on a 71.5-acre parcel which Lincoln acquired in September 2019 for $11.5 million, according to AZ Big Media<\/em>. At full build-out, Park303 is set to encompass 4.5 million square feet of Class A industrial space.<\/p>\n

\n

READ ALSO: <\/strong>Construction Underway at Largest-Ever Phoenix Industrial Building<\/a><\/p>\n

\n

Located within Glendale\u2019s New Frontier District, between the Loop 303 freeway and Sarival Road, the $115 million first phase of the development is slated to include 40-foot clear heights, steel moment frame shear bracing, LED lighting and 142 glass windows. Plans also call for concrete truck courts and parking as well as outdoor spaces with covered canopies, seating and barbecues.<\/p>\n

Lincoln Property Co. is developing the master-planned industrial park in partnership with Roth Development Corp. and Scottsdale Investment Management. The project totals 265 acres and features freeway signage and easy ingress and egress via two Loop 303 interchanges nearby. Boeing, Microsoft, White Claw, XPO Logistics, UPS, REI, SubZero, Daimler-Benz, Red Bull, Ball Corp. and Aldi are among the project\u2019s corporate neighbors.<\/p>\n

Butler Design Group serves as project architect for the first phase of the development, Hunter Engineering is the civil engineer and Willmeng Construction is the general contractor. Completion of phase I is expected during the last quarter of 2020.<\/p>\n

Active player<\/h2>\n
\"Park303<\/a>

Park303 groundbreaking. Image courtesy of Pete Pallagi<\/em><\/p><\/div>\n

Lincoln Property Co. continued to be an active player in other U.S. markets as well. In October, the company started work on two speculative distribution centers<\/a> in Atlanta\u2019s Interstate 85 South industrial corridor. The project totals 600,000 square feet.<\/p>\n

More recently, Lincoln landed a contract to oversee Stonemont Financial Group’s Georgia International Trade Center, a new Savannah, Ga., logistics park that is expected to ultimately encompass 7.2 million square feet<\/a>.<\/p>\n

According to a recent Cushman & Wakefield report, the industrial outlook for the next two years remains strong. The firm\u2019s forecast for industrial absorption for 2020-2021 is nearly 460 million square feet.<\/p>\n","protected":false},"excerpt":{"rendered":"

The first phase of the Glendale industrial park includes 1.3 million square feet and has a $115 million price tag.<\/p>\n","protected":false},"author":238,"featured_media":1004397620,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,21742,1601,15],"tags":[38006,32838,38731],"class_list":["post-1004397617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-latest","category-phoenix","category-west","tag-butler-design-group","tag-lincoln-property-company","tag-willmeng-construction"],"acf":[],"yoast_head":"\nLincoln Property Kicks Off 4.5 MSF Phoenix Project - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lincoln Property Kicks Off 4.5 MSF Phoenix Project\" \/>\n<meta property=\"og:description\" content=\"The first phase of the Glendale industrial park includes 1.3 million square feet and has a $115 million price tag.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-05T09:20:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-03-05T12:42:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Park303-Rendering.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Laura Valean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/\",\"name\":\"Lincoln Property Kicks Off 4.5 MSF Phoenix Project - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Park303-Rendering.jpg\",\"datePublished\":\"2020-03-05T09:20:37+00:00\",\"dateModified\":\"2020-03-05T12:42:43+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/2f8b737fce677cc406c08a2c29c1ff38\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Park303-Rendering.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Park303-Rendering.jpg\",\"width\":800,\"height\":620},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Lincoln Property Kicks Off 4.5 MSF Phoenix Project\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/2f8b737fce677cc406c08a2c29c1ff38\",\"name\":\"Laura Valean\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Laura-Calugar.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Laura-Calugar.jpg?w=96\",\"caption\":\"Laura Valean\"},\"description\":\"Laura Valean is an Executive Editor with Commercial Property Executive and Multi-Housing News. She has a 12-year background in broadcast media and joined the CPE-MHN team in 2016. Laura writes and edits in-depth stories on the hottest topics in the real estate industry, but she is also the host of award-winning podcast shows for both brands. Laura holds a B.A. in Journalism and an M.A. in Media Management. \ud83d\udce7 laura.valean@cpe-mhn.com\",\"jobTitle\":\"Senior Editor\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/laura-valean\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Lincoln Property Kicks Off 4.5 MSF Phoenix Project - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/","og_locale":"en_US","og_type":"article","og_title":"Lincoln Property Kicks Off 4.5 MSF Phoenix Project","og_description":"The first phase of the Glendale industrial park includes 1.3 million square feet and has a $115 million price tag.","og_url":"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2020-03-05T09:20:37+00:00","article_modified_time":"2020-03-05T12:42:43+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Park303-Rendering.jpg","type":"image\/jpeg"}],"author":"Laura Valean","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/","url":"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/","name":"Lincoln Property Kicks Off 4.5 MSF Phoenix Project - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Park303-Rendering.jpg","datePublished":"2020-03-05T09:20:37+00:00","dateModified":"2020-03-05T12:42:43+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/2f8b737fce677cc406c08a2c29c1ff38"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Park303-Rendering.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Park303-Rendering.jpg","width":800,"height":620},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/lincoln-property-kicks-off-4-5-msf-phoenix-project\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Lincoln Property Kicks Off 4.5 MSF Phoenix Project"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/2f8b737fce677cc406c08a2c29c1ff38","name":"Laura Valean","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Laura-Calugar.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Laura-Calugar.jpg?w=96","caption":"Laura Valean"},"description":"Laura Valean is an Executive Editor with Commercial Property Executive and Multi-Housing News. She has a 12-year background in broadcast media and joined the CPE-MHN team in 2016. Laura writes and edits in-depth stories on the hottest topics in the real estate industry, but she is also the host of award-winning podcast shows for both brands. Laura holds a B.A. in Journalism and an M.A. in Media Management. \ud83d\udce7 laura.valean@cpe-mhn.com","jobTitle":"Senior Editor","url":"https:\/\/www.commercialsearch.com\/news\/author\/laura-valean\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Park303-Rendering.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004397617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/238"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004397617"}],"version-history":[{"count":7,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004397617\/revisions"}],"predecessor-version":[{"id":1004397728,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004397617\/revisions\/1004397728"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004397620"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004397617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004397617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004397617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}