Lovett Industrial, a Houston-headquartered industrial real estate investment and development company, in partnership with Peakline Real Estate Funds (PREF), has commenced construction of North Park Logistics Center, a state-of-the-art industrial development spanning approximately 1.14 million square feet in Glendale, Arizona. Situated on nearly 56 acres in Metro Phoenix’s rapidly expanding Southwest Valley, the project has been designed as a Class A cross-dock logistics facility to serve regional and national distribution requirements.
The location offers direct access to Northern Parkway, Loop 303 and Interstate 10, creating efficient transportation links to Arizona’s expanding consumer markets and key Western US distribution corridors.The Southwest Valley has emerged as one of the country’s most active logistics destinations, attracting a wide range of national and international occupiers. The region continues to benefit from population growth, expanding infrastructure and increasing demand for modern industrial facilities. Against a backdrop of limited supply of large-format warehouse space, North Park Logistics Center is expected to address the needs of companies seeking scalable and efficient logistics operations.
The development will feature 40-foot clear heights, reinforced concrete flooring, nearly 200 dock-high loading positions, multiple knockout panels and extensive trailer parking. Truck court depths ranging from 185 to 367 feet will support high-volume logistics activities and operational flexibility for future tenants.
Construction is being undertaken on a speculative basis, allowing the facility to accommodate a broad range of distribution, e-commerce, manufacturing and supply-chain users. Completion of the first phase is scheduled for the second quarter of 2027. A future expansion phase is planned to add approximately 623,000 square feet of industrial space.
According to project leaders, the development’s strategic location, transportation connectivity and access to a growing workforce make it highly attractive for companies seeking regional distribution capabilities throughout the Western United States. Marketing and leasing activities for the project will be led by CBRE’s industrial team. Bank OZK is providing senior construction financing, while Willmeng Construction has been appointed as general contractor. Architectural services are being delivered by HPA, and Hunter Engineering is overseeing civil engineering responsibilities.
North Park Logistics Center further strengthens Lovett Industrial’s footprint across the western region, complementing developments in Arizona, California and Colorado. Collectively, the company’s completed projects across these markets represent more than 1.6 million square feet of industrial space, reflecting its continued investment in high-growth logistics corridors throughout the United States.