November 24, 2024 5:16 am
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Nike sells Goodyear building

By Corina Vanek | Phoenix Business Journal

More than a year after backing out of a plan to open a factory that would employ 500 people in Goodyear, Nike sold its building for $103.2 million, according to real estate database Vizzda.

Nike bought the building, known as Lincoln Logistics 40, in 2019 for $69.8 million, but never opened the factory that was planned. In July 2020, the company confirmed that plans were scrapped for the facility, citing “unprecedented times.”

Read the full subscription story from the Phoenix Business Journal.

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