Prologis, the global industrial real estate landlord, has scooped up the Cotton 303 Logistics Center, a roughly 915,000 square foot warehouse along the West Valley’s Loop 303 corridor. The single building property at 6801 N. Cotton Lane in Glendale is fully leased to industrial co warehousing operator Cubework.
The sale was first reported on March 20, 2026, by the Phoenix Business Journal, which identified Prologis as the buyer and noted that terms of the deal were not disclosed. Local brokers and market watchers say the acquisition lines up neatly with a broader wave of institutional capital chasing Phoenix industrial properties.
Property And Building Specs
Marketing materials list Cotton 303 Logistics Center as a single Class A industrial building totaling 915,160 square feet on about 55 acres, completed in 2022 with 40 foot clear heights and a cross dock configuration designed for high velocity distribution. The Cushman & Wakefield investment offering highlights large truck courts, numerous dock high doors and ESFR sprinklers geared toward modern logistics users.
Tenant And Lease Profile
The building is fully spoken for. Cushman & Wakefield’s materials describe the asset as “100% leased to Cubework.com, a leading national provider of flexible industrial and co warehousing solutions.” Cubework committed to the entire building and has been growing in metro Phoenix by taking similarly large single building leases, while industry reporting notes the company offers flexible warehouse suites that start at roughly 300 square feet on short term agreements.
Why The Loop 303 Corridor Matters
The Loop 303 submarket has evolved into one of metro Phoenix’s fastest growing industrial hubs as developers and occupiers chase inland distribution space and lower operating costs than coastal markets. Coverage of regional projects points to continued construction around Loop 303 and nearby logistics parks, a combination that has kept investor appetite strong for stabilized industrial buildings in the area.
What This Means Locally
Institutional ownership by a heavyweight like Prologis typically signals a long term hold strategy and a focus on stable rent rolls, which is welcome news for local governments and service providers that like predictability in their tax base and tenant mix. It also underlines the West Valley’s rising status in the regional supply chain. For more on the transaction and local market context, see the report in Phoenix Business Journal and the property offering from Cushman & Wakefield.
