Heavyweight logistics firm scoops up more than 1 million square feet in Phoenix

DHL deal confirms demand for big box spaces

The 1.15 million-square-foot VT 303 industrial building has been leased months before it will be finished. (CoStar)

CoStar News

August 20, 2026 | 7:19 P.M.

One of Phoenix’s few available megawarehouses has been leased before construction is complete.

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Properties
- VT303 North - A
  7842 Reems Rd, Litchfield Park, AZ
Companies
- DHL Group
  Transportation and Warehousing
- VanTrust Real Estate, LLC
  Construction
Contacts
- Cooper Fratt
  Executive Vice President, SIOR, CBRE
- Marc Hertzberg
  Vice Chairman, JLL
- Dan McGillicuddy
  Executive Managing Director, JLL
- John Werstler
  Executive Vice President, SIOR, CBRE
- Kelly Royle
  Vice President, JLL