Bold claim: Walmart just snagged a game-changing logistics asset, buying a sprawling Glendale warehouse for a record $152.16 million. And this isn’t just any building—it's a nearly 1.28 million square-foot facility located adjacent to Luke Air Force Base, a transaction that closed the day before Thanksgiving and set a Phoenix record for industrial sales.
The purchase marks Walmart as the first tenant in the Luke Field complex, a massive 140-acre, 2.4 million square foot logistics park developed in the West Valley by Lincoln Property Company. Walmart will occupy Building C within this multi-building project.
Roughly bordered by Luke Air Force Base and major arterials—Litchfield Road, Northern Avenue, and Northern Parkway—the site benefits from quick access to Loop 303, Loop 101, US 60, and Grand Avenue, underscoring its strategic location for distribution and operations.
This coverage is presented in partnership with Phoenix Business Journal. Read the full article here: https://www.bizjournals.com/phoenix/news/2025/12/02/walmart-glendale-az-warehouse-purchase.html?utmsource=sy&utmmedum=ptr&utm_campaign=ktar.
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