Lincoln Property Company, a global, full-service real estate firm with over $31 billion of assets under management, has executed two full-building leases at its 2.4 million-square-foot Luke Field development in Glendale, Arizona. Totaling over 1.1 million square feet, the commitments bring the Class A, three building, LEED certified logistics campus to 100% occupied.
The new user, a leading company in the artificial intelligence sector, will occupy Luke Field’s 695,750-square-foot Building A and 454,761-square-foot Building B. It joins existing Luke Field tenant, Walmart, which purchased the project’s 1.28-million-square-foot Building C in late 2025 for $152 million. The deal marked Arizona’s largest industrial building sale of the year.
Luke Field is located at 13543 A and 13543 B Northern Ave., and 7733 Litchfield Rd. The 140-acre development sits at the southeast corner of Litchfield Road and Northern Avenue, bordered by Luke Air Force Base and the high-capacity Northern Parkway. The location provides direct connectivity between Loop 303 and Loop 101/US 60/Grand Avenue…