Lincoln Property Sells Off Last Two Buildings of Glendale Development for Record Price
Lincoln Property Company sold the last two buildings in its four-building, 210-acre Park303 logistics development in Glendale, Arizona for $170,250,000. Nuveen was the buyer. The deal marks the highest two-building sale price in Arizona history. The transaction also represents…
Lincoln Property Company sold the last two buildings in its four-building, 210-acre Park303 logistics development in Glendale, Arizona for $170,250,000. Nuveen was the buyer. The deal marks the highest two-building sale price in Arizona history. The transaction also represents…
BELLINGS Intelligence Score: 18
Why it matters
This is a notable commercial real estate transaction setting a regional price record, relevant to credit professionals focused on CRE markets, but it represents routine market activity without broader systemic or structural impact.
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Lincoln Property Sells Off Last Two Buildings of Glendale Development for Record Price
Lincoln Property Company sold the last two buildings in its four-building, 210-acre Park303 logistics development in Glendale, Arizona for $170,250,000. Nuveen was the buyer. The deal marks the highest two-building sale price in Arizona history. The transaction also represents…