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Lincoln Property cashes out of development in Phoenix’s fast-growing warehouse market

Real estate firm Nuveen buys final pieces of Park303
Lincoln Property Co. sold the final two buildings at its Park303 industrial development for $170.25 million. (Lincoln Property Co.)
Lincoln Property Co. sold the final two buildings at its Park303 industrial development for $170.25 million. (Lincoln Property Co.)
CoStar News
August 27, 2026 | 8:53 P.M.

Lincoln Property Co. has sold two properties in one of Phoenix’s priciest industrial deals this year, capping the complex’s yearslong development cycle.

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