Lone Sky 3 industrial project rises in Prescott Valley

A new industrial project is moving into vertical development at 9200 E. Florentine Road in Prescott Valley, adding planned warehouse, flex and light-industrial space to the local business market.

Lone Sky 3 is planned as an approximately 62,800-square-foot Class A flex-industrial project with 10 suites. Arizona Commercial Real Estate supplied the project information in a report published by Real Estate Daily News on July 15, 2026. The development event was dated July 14 in the approved project information.

The project is not being reported as complete or occupied. The available information describes Lone Sky 3 as being in vertical development, meaning construction had advanced to the stage of building the structure above the initial site work. No completion date was provided.

A 10-suite industrial plan

The planned building is designed for a mix of business users rather than a single occupant. Reported suite sizes range from approximately 1,820 square feet to 19,780 square feet.

That range would give the project several different space configurations, from smaller units to substantially larger suites. The stated intended uses are warehouse, flex and light-industrial operations. The report does not identify specific companies that will occupy the space.

The approximately 62,800-square-foot total and the suite measurements are reported figures. They should not be treated as final certified measurements. The source also does not say that leases have been signed or that any tenants have taken possession.

Why the development matters locally

Lone Sky 3 would add new industrial and flexible commercial capacity in Prescott Valley. For businesses looking for warehouse, light-industrial or adaptable commercial space, the project represents a planned addition at a named local address rather than an existing occupied facility.

The project report describes the development as part of continued demand for business space along the central Arizona corridor. That is a market observation, not a forecast of how many jobs Lone Sky 3 will create or how much tax revenue it will generate.

The practical change for Prescott Valley at this stage is construction of the planned multi-suite facility. The approved information does not provide traffic estimates, utility impacts, public funding details or expected changes to surrounding services. It also does not establish whether the development will affect nearby businesses or neighborhoods in any specific way.

What remains unknown

The report does not provide the project’s total investment, a construction completion target or a schedule for leasing the suites. It also does not identify confirmed tenants, projected employment or an opening date for the facility.

Those details will determine when the planned space becomes available and what effect the project eventually has on Prescott Valley’s business base. For now, the confirmed development is Lone Sky 3 at 9200 E. Florentine Road: an approximately 62,800-square-foot Class A flex-industrial project planned for 10 suites and reported to be under vertical development.

No additional milestone or deadline has been reported in the approved information. Until one is announced, the project’s status remains active construction with its final completion, occupants and operating timeline still undetermined.