Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Tempur-Pedic Signs Full-Building Pre-Lease Lease at Lincoln Property Co.’s Buckeye85

LPC Desert West and partner Goldman Sachs have signed leading mattress and pillow maker Tempur-Pedic to a full-building pre-lease at Buckeye85, bringing the $60 million Phoenix, Arizona project to 100% occupied prior to completion of construction

Tempur-Pedic Signs Full-Building Pre-Lease Lease at Lincoln Property Co.’s Buckeye85

TOLLESON, Arizona, May 25, 2023 – 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 lease, 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.


“Tempur-Pedic has long-recognized – and used – the Valley as a strategic hub for its manufacturing and distribution operations,” said Lincoln Property Company Senior Vice President John Orsak. “We’re proud to help them continue to expand that valued local presence, in a building that was designed with the location, flexibility and creative industrial amenities that modern companies like Tempur-Pedic require.”

Buckeye85 is located on 20 acres at 10333 W. Buckeye Rd., at the southwest corner of 103rd Avenue and Buckeye Road/MC-85 Highway in Tolleson, Arizona. It is two miles from a full-diamond interchange at I-10 and 107th Avenue, within a world-class e-commerce market that is home to companies like Amazon, McKesson, Pepsico, Kroger and Home Depot.

Features of the building include 36’ clear height, full concrete truck courts and a 95-door cross-dock configuration. Buckeye85 also provides creative amenities such as smart technology throughout and an employee-centric outdoor amenity space with shaded and landscaped areas, built-in barbeque equipment and seating for relaxing, outdoor dining and games.

Architecturally, Buckeye85 incorporates the generous use of clerestory windows, providing indoor workspaces with sky views and abundant natural light. The northeast corner of the building also includes a speculative suite with high-end finishes and plug-and-play advantages for Tempur-Pedic to complete a quick and seamless move in. The project is in the final stages of construction now.

JLL Managing Director Riley Gilbert represented Tempur-Pedic in the lease agreement, bringing the company’s overall Phoenix industrial presence to nearly 1.5 million square feet across multiple buildings.

“Buckeye85 places Tempur-Pedic vitally close to key employment pools and population centers, in a market with a very attractive cost of doing business,” said Gilbert. “From a logistics perspective, the property offers direct access to the MC-85 thoroughfare, minutes from Interstate 10 and five hours from the ports of Southern California. These are highly attractive advantages in a Phoenix industrial market that is rapidly developing new barriers to entry.”

Tempur-Pedic is part of Tempur Sealy International, Inc. (NYSE: TPX), a leading designer, manufacturer, distributor and retailer of bedding products to consumers in over 100 countries. Tempur Sealy brands include Tempur-Pedic®, Sealy® and Stearns & Foster®, and non-branded offerings consisting of value-focused private label and OEM products. Products are sold through third-party retailers, 700+ company-owned stores and e-commerce channels worldwide.

For more on leasing, investment or property management opportunities with Lincoln Property Company in the Desert West region, please call David Krumwiede or John Orsak at (602) 912-8888.

About Lincoln Property Company
Lincoln Property Company (LPC) is an international full service real estate firm offering real estate investment, development, design/construction management, leasing and property management/ receivership/asset management services. LPC has approximately 3,200 employees with an international footprint that includes offices in 45 cities across the U.S. and 12 countries in Europe. Since 1965, LPC has developed more than 160 million square feet of office, industrial and retail projects known for their design, quality and superior locations. It currently has more than 433 million square feet of commercial space under leasing and/or management.

LPC's Desert West Region is based in Phoenix and includes Arizona, Nevada, Utah and New Mexico. Since its start in 2001, the regional office has developed over 15 million square feet, acquired more than 6 million square feet and manages almost 19 million square feet of commercial space, including major, award-winning and LEED Certified developments and investments. Since 2019, the company has completed two of the highest-priced metro Phoenix office and industrial transactions and launched the Union office campus in Mesa, new buildings at The Grand at Papago Park Center in Tempe and the Park303 logistics park in Glendale, among other developments. LPC Desert West is consistently ranked among Phoenix’s top commercial real estate firms for both development and property management, earning consecutive 2018, 2019 and 2020 NAIOP Arizona Owner/Developer of the Year awards and designation as an Arizona Republic Top Companies to Work for in Arizona. In 2020, the firm kicked off a regional expansion plan, entering the Nevada and Utah markets with Class A industrial acquisitions. To learn more about Lincoln Property Company, please visit www.lpc.com or www.lpcdesertwest.com.

https://www.lpcdesertwest.com/

The Latest

More Stories

Toyota Material Handling MidSouth’s Forklift Donation Raises $40,000 for Higher Education

Toyota Material Handling and Toyota Material Handling MidSouth partner to donate 5,000-pound-capacity pneumatic forklift at Concrete Industry Management’s annual charity auction.

Photo courtesy of Toyota Material Handling

Toyota Material Handling MidSouth’s Forklift Donation Raises $40,000 for Higher Education

LAS VEGAS, Jan. 28, 2024 – Toyota Material Handling MidSouth, a full-service dealer for Toyota Material Handling, showcased its dedication to fostering the next generation of industry professionals by donating a 5,000-pound-capacity Toyota Core IC Pneumatic forklift to the Concrete Industry Management’s (CIM) annual charity auction on January 22.

The forklift’s winning bid of $40,000 significantly contributed to the auction’s total proceeds of $2.15 million, supporting CIM’s mission to address the growing demand for skilled professionals in the concrete industry. Offered at five universities, CIM equips students with technical, communication and management expertise, preparing them for successful careers in a rapidly evolving industry. Proceeds from the auction are used to assist CIM in funding higher education programs that offer degrees in concrete industry management.

Keep ReadingShow less

Featured

Chang Robotics launches 'The Chang Robotics Fund' - A Seed Stage Venture Capital Fund targetting a $50M Raise to Specialize in Disruptive Technology

JACKSONVILLE, Fla., Jan. 27, 2025 /PRNewswire/ -- 2,750 miles away from Silicon Valley, Matthew Chang, founder of Chang Robotics, today announced his next business venture: The Chang Robotics Fund. The Fund is targeting a $50M raise to address the numerous needs and market opportunities the Chang Robotics engineering team identified in their daily operations by investing in disruptive technologies designed to confront the industry's most urgent challenges—from labor shortages to energy efficiency to environmental remediation. By utilizing innovative intellectual property and the engineering and management expertise of Chang Robotics, the Fund seeks to scale its targeted innovations into impactful, transformative, and profitable businesses.

Global industries, from manufacturing to healthcare, face mounting pressures such as intensifying global competition, workforce constraints, escalating expenses, and the urgent need for environmental restoration. Tackling these issues demands a new paradigm of intelligent automation, energy efficiency, and sustainable innovation.

Keep ReadingShow less

Adelante SCM and Magaya Release Report on the 2025 State of Digitization in Freight Forwarding

Miami, FL – January 28, 2025 – Magaya Corporation, the leading freight management platform for logistics service providers (LSPs), today released a report detailing the state of digitization in freight forwarding and the divide that presently exists between shipper expectations and forwarder capabilities.

In November 2024, independent research firm Adelante SCM and Magaya surveyed executives in the logistics services industry, as well as supply chain and logistics executives from manufacturing, retail, and distribution companies. The research found a substantial gap between what the shippers expect in terms of technological capabilities and what their logistics service providers currently offer.

Keep ReadingShow less

ORTEC Joins Wine & Spirits Wholesalers of America (WSWA)

Atlanta, GA – ORTEC, a leader in advanced analytics and optimization solutions, is excited to announce its membership in the Wine and Spirits Wholesalers of America (WSWA), the only national membership organization dedicated to wine and spirits distributors.

“Joining WSWA is an important milestone for ORTEC toward our goal to become a trusted technology partner to wine and spirits distributors,” said Mat Witte, CEO of ORTEC Americas. “We envision a future of collaborating with fellow members to drive innovation and optimize operations that benefit their business, their customers, and the industry as a whole.”

As a member of WSWA, ORTEC is committed to leveraging its expertise in advanced analytics and optimization to support the goals of the wine and spirits distribution industry. This collaboration will enable ORTEC to share insights and innovative solutions that can help streamline loading and delivery while improving efficiency across the sector.

About ORTEC
ORTEC is a leading provider of advanced analytics and optimization solutions, dedicated to helping organizations enhance their operational efficiency and decision-making processes. With a strong focus on innovation, ORTEC leverages cutting-edge technologies and data-driven insights to address complex challenges across a number of industries, including logistics, manufacturing, and healthcare. The company’s commitment to continuous improvement and collaboration with clients enables businesses to optimize their resources, reduce costs, and drive sustainable growth. By integrating advanced analytics into their operations, ORTEC empowers organizations to make informed decisions that lead to transformative outcomes and a competitive edge in the market. Discover more at ORTEC | NEWS.

About WSWA
WSWA plays a vital role in advocating for the interests of distributors on federal, state, regulatory, and legal issues that impact the beverage alcohol industry. The organization focuses on critical policy areas, including taxation of family-owned businesses, state-based alcohol regulation, social responsibility, and impaired driving prevention. Additionally, WSWA offers programs designed to promote the careers of its members and help their businesses thrive in a diverse and dynamic industry. Learn more at wswa.org.

KUKA to Showcase Cobots for Medical Applications at AAOS Meeting

SHELBY TOWNSHIP, Mich., Jan. 28, 2025 – Targeting the reduction of work-related injury for healthcare workers and shortening time-to-market for medical device OEMs, KUKA Robotics will bring two advanced medical innovations featuring cobot automation to the American Academy of Orthopedic Surgeons (AAOS) annual meeting in booth #540. The event takes place in San Diego, California, March 10-14, and attendees will see how KUKA’s LBR iisy cobot solution helps reduce the incidence of arm and shoulder injury to ultrasound technicians and sonographers. A second cobot demonstration will feature a KUKA Robot Development Kit using a LBR MED 14 R820 cobot that helps slash development time for unique medical device solutions.

Because of the repetitive nature of their work, sonographers and ultrasound technicians commonly experience musculoskeletal disorders such as tendonitis and rotator cuff injury from their work that requires them to apply pressure with abnormal arm and shoulder positioning. Using robot technology such as KUKA’s LBR iisy cobot, however, can take the strain off these technicians by precisely conducting these repetitive exams autonomously. Equipped with a Haply Inverse3 Hapatic Feedback Teleop Device and an OptoForce FT Sensor, the LBR iisy robotic arm can be controlled and manipulated to apply the proper amount of force to the imaging head for a proper reading.

Keep ReadingShow less