Nov
20
LPC Buys Land for 900 KSF Phoenix Spec Project
ByThe company plans to develop the first fully speculative industrial property in Phoenix which has 40-foot high clear ceilings. The property will be situated within a 350-acre master-planned project that will feature office, industrial and medical office space.
Lincoln Property Co. will break ground in December on Phoenix’s first 40-foot high speculative industrial building. The company bought the 50-acre plot of land from EJM Development Co., where it will build the distribution facility. Lincoln Logistics 40 will be situated within EJM’s master-planned, 350-acre project, Airport Gateway at Goodyear.
Located at 143rd Avenue & West Yuma Road in Goodyear, Ariz., Lincoln Logistics 40 will total 901,700 square feet and feature 169 dock and grade-level doors, 185 trailer storage units, a maximum of 660 parking stalls and a fiber optic data connection…