Lincoln Property Sells Off Last Two Buildings of Glendale Development for Record Price
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
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On the RET wire
- Disclosed industrial deal value tracked in August 2026: $5B across 32 reported transactions. All Industrial coverage →
- 16 stories mentioning Lincoln Property on the wire in the past 90 days. Lincoln Property coverage →
Computed from Real Estate Trail’s own tracked coverage
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 sa…
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