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Prologis acquires Phoenix-area logistics center for $104 million

Industrial REIT purchases 915,160-square-foot distribution building in Glendale
Cotton 303 Logistics Center in Glendale, Arizona, sold for $104 million. (CoStar)
Cotton 303 Logistics Center in Glendale, Arizona, sold for $104 million. (CoStar)
By Clarice King with
CoStar Research
April 1, 2026 | 7:49 P.M.

Industrial real estate investment trust Prologis has acquired Cotton 303 Logistics Center in Glendale, Arizona, from Heitman for $104 million, or approximately $114 per square foot.

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News | Prologis acquires Phoenix-area logistics center for $104 million