Lincoln Property Company’s Southwest division, LPC Desert West, and partner Goldman Sachs have signed leading mattress and pillow maker Tempur-Pedic to a full-building pre-lease at Buckeye85, located in the heart of Phoenix’s I-10 Corridor. The lease brings the $60 million, state-of-the-art warehouse and distribution project to 100% occupied prior to completion of construction.
Under the 321,892-square-foot (full building) lease, LPC Desert West development Buckeye85 will become home to a new Tempur-Pedic distribution center, continuing to expand the company’s long-standing, multi-building metro Phoenix logistics presence as a strategic hub for its manufacturing and distribution operations.