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The joint venture between Lincoln Property Co. and Goldman Sachs Alternatives have secured a refinancing loan for the second phase of Park303, a 2.4 million-square-foot industrial park in Glendale, Ariz. Affinius Capital provided the note that amounts to $133 million, according to Maricopa County public records.

Previous debt included a $164 million construction loan originated by Allianz in 2022, CommercialEdge information reveals. The note was due to mature last month.

Located at 16400-16500 W. Glendale Ave. and 7200 N. Sarival Ave., the property is in a Foreign Trade Zone, about 27 miles northwest of downtown Phoenix. Northern Parkway, connecting to Loop 303 and U.S. Route 60, is less than a mile away, while Luke Air Force Base operates within 5 miles.