The City of Phoenix has approved the voluntary acquisition of real property located at 211 S. 28th Street for Phoenix Sky Harbor International Airport. The acquisition involves a 40,511 square foot parcel improved with an approximately 20,150 square foot industrial warehouse building. The property is currently owned by Logotec Arizona, LLC, and occupied by Nick's Menswear, LLC. The purchase will be made at a price not exceeding the City's appraised value plus closing costs, with funding from the Aviation Department's Capital Improvement Program. The City will provide relocation assistance and enter into a 24-month lease agreement with the current occupant to allow time for relocation. Once vacated, the Aviation Department intends to occupy the property for its own use.