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ARIZONA NEWS

South Carolina-based logistics company leases building at West Valley industrial park

Logisticus Group, a South Carolina-based logistics company, is expanding into Arizona at Glendale's Park303 industrial development.

PHOENIX – Logisticus Group, a South Carolina-based logistics company, is expanding into Arizona.

The privately owned business, which specializes in transportation, logistics, civil engineering, project management and technology, recently signed a full-building lease in Phase 2 of the massive Park303 industrial development near Glendale Avenue and the Loop 303 in Glendale.

Logisticus is the first major tenant in the business park’s 71.5-acre second phase, which consists of three buildings totaling 2.5 million square feet. The two other buildings are available for sale or lease.

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What will Logisticus do at West Valley facility?

The company will provide third-party logistics for an alternative energy company out of the 483,300-square-foot building.

The property features office suites and an outdoor area with pickleball and basketball courts, barbecues and an entertainment area with shaded outdoor seating.

“Park303 was designed for just this type of user, with a location and market-leading amenities that supercharge the ability of logistics companies to work efficiently and to attract and retain top talent,” John Orsak, an executive with commercial real estate firm Lincoln Property Company, which manages Park303, said in a press release last week.

Phase 1 of Park303 is a 1.25 million-square-foot building fully leased to Walmart. BentallGreenOak bought Phase 1 from developer LPC Desert West for $186 million in 2021.

Kevin Stone KTAR.com Senior Editor

Kevin Stone is KTAR's Senior Web Content Editor. He is a seasoned journalist who was born in New York and grew up in Phoenix. He got his start doing agate for the Mesa Tribune sports section in the 1990s while completing his print journalism degree.… Read more

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