Logisticus Group at Park303
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Sponsor Our ArticlesLogisticus Group has officially expanded its operations to Glendale, Arizona, becoming the first major tenant in Phase 2 of the Park303 industrial development. They have signed a lease for a substantial 483,300-square-foot facility and aim to enhance logistics services in the area. This move signifies a commitment to sustainability and innovation, particularly in supporting alternative energy projects. Park303 promises a dynamic working environment with recreational amenities for employees, making it an attractive hub for logistics businesses and professionals.
Glendale, Arizona is buzzing with excitement as the Logisticus Group, a leading logistics company from South Carolina, has officially expanded its operations into the area. This move marks a significant milestone as Logisticus becomes the first major tenant in Phase 2 of the sprawling Park303 industrial development. With their sights set on providing high-quality logistics services, they are ready to make waves in the industry right here in Arizona.
Logisticus has signed a lease for a hefty 483,300-square-foot building that’s part of the second phase of Park303, located conveniently near Glendale Avenue and the Loop 303. This phase boasts an impressive total of 2.5 million square feet across three buildings, offering plenty of space for various operations. As the first major player to set up shop in this phase, Logisticus is leading the charge in what promises to be a bustling industrial hub.
Established as a prominent figure in logistics, Logisticus Group is known for its expertise in transportation, logistics, civil engineering, project management, and technology. Their decision to anchor themselves in Glendale is part of a broader strategy to support an alternative energy company with third-party logistics services. This collaboration showcases Logisticus’ commitment to sustainability and innovation in the logistics space.
The Park303 development isn’t just about space; it’s about creating an environment that attracts the best of the best in the logistics realm. Covering a massive 71.5 acres, this site includes not only ample buildings for lease or sale but also a range of enticing amenities that make it a great place to work. It’s all about retaining talent, and Park303 has taken that to heart with features designed for relaxation and recreation.
Alongside functional office suites, the property offers an outdoor area complete with pickleball and basketball courts. Whether you’re looking for a quick game or a place to unwind, Logisticus employees will enjoy access to barbecues and an entertainment area packed with shaded seating. This blend of work and play is crucial for promoting a positive work culture, and Park303 certainly delivers on that front.
We can expect Logisticus Group to really dig into their operations soon. Their entry into this region could open doors for innovations in logistics services while also positively impacting the local economy by creating job opportunities. As competition heats up in the logistics sector, there’s no doubt that this is just the beginning of what will become a vibrant community of businesses at Park303.
Just to give you a snapshot of the growth happening in this area, Phase 1 of Park303 is already a bustling hub, with a fully leased 1.25 million-square-foot building occupied by Walmart. This significant boost in activity caught the attention of real estate powers like BentallGreenOak, who acquired Phase 1 for a stunning $186 million in 2021.
As Logisticus Group settles into their new property in Glendale, we can only imagine the exciting developments that will unfold. This is a stellar time for logistics in Arizona, and we’re eager to see how the landscape continues to evolve in the coming years!
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