Glendale park fully leased
A 3PL operator has fully leased the last building in a prime Glendale industrial park along Loop 303, signaling tight demand pockets for logistics space in key distribution hubs. That fill‑rate is a microcosm of persistent 3PL appetite for modern, well‑positioned assets. (x.com)
Park303’s Building A measures 629,835 square feet and will be used by the incoming 3PL to service a Fortune 250 client. (lpc.com) The campus sits on 210 acres and totals approximately 3.75 million square feet across a 1.25 million-square-foot single‑building Phase 1 and a 2.5 million‑square‑foot, three‑building Phase 2. (lpc.com) Buildings at the park were delivered with 40‑foot clear heights, 25‑foot glass entries, up to 12,000 amps of power, 7‑inch slabs over 4 inches of crushed rock, and the campus offers 430 dock doors, 778 trailer stalls and more than 1,556 parking stalls. (lpc.com) The newest lease covers a Building A product that came online in 2023 at 16500 NW Glendale Avenue, and JLL brokers Marc Hertzberg, Kelly Royle, Charlotte Elstob and Dan McGillicuddy represented the tenant. (commercialsearch.com) Earlier commitments at the same campus include Walmart occupying Phase 1 under a long‑term lease (BentallGreenOak purchased that asset in 2021 for $186 million), Logisticus Group’s 483,300‑square‑foot commitment to Building B, and the October 2025 sale of Building C to Dollar Tree for $147 million. (lpc.com) Park303 was developed with elevated employee amenities—high‑end speculative office space, an outdoor pickleball and basketball court and an entertainment area with gourmet barbeques and covered seating. (lpc.com)
