David Krumwiede Archives

Lincoln Property Company awarded TOBY award

Lincoln Property Company
by in AZRE Magazine | Construction

For the second year in a row, Lincoln Property Company (LPC) Desert West earned a regional “The Outstanding Building of the Year” TOBY award from the Building Owners and Managers Association (BOMA). LPC earned the TOBY for its management of the the Arizona Department of Environmental Quality (ADEQ) Building, situated in Central Phoenix, just off of Interstate… Read More →

After leasing out for three years, LPC sells $30M industrial property

LPC
by in AZRE Magazine | Brokerage | Industrial

After leasing a Class A Lincoln Property Company (LPC) distribution facility in the heart of Phoenix’s Southeast Valley industrial market for three years, global supply chain leader XPO Supply Chain Inc. has opted to purchase the building for more than $30 million. A top-ten global provider of supply chain solutions, XPO (formerly Menlo Worldwide) originally occupied the LPC… Read More →

Revamping the ground floor

ground floor

If you believe the days of ground-floor glory and grandeur have gone asunder, think again. The lively lobbies and first-floor streetscapes so admired in golden eras of old are making a comeback. Take a look at how two projects are meshing the best of ground-floor throwback with new-age amenities to create a hybrid of first-floor… Read More →

Valley Partnership event focuses on creating vibrant downtowns

Coldwell Banker Commercial Advisors
by in AZRE Magazine | Events

Valley Partnership’s March 18th breakfast topic will hot a discussion featuring city leaders on the evolution of downtown Phoenix. City leaders will share insights into how both public and private leaders are addressing the challenges that are unique to downtown. The panel will feature a discussion between City of Phoenix Vice Mayor Kate Gallego, David Krumwiede, executive vice… Read More →

Lincoln, Invesco buy Phoenix’s historic Luhrs City Center

Luhrs
by in AZRE Magazine | Brokerage | Featured | In The Spotlight

Lincoln Property Company (LPC) and Invesco Ltd. have purchased the historic Luhrs City Center in downtown Phoenix. The joint venture will next initiate a multi-million-dollar renovation that will evolve the landmark into a mixed-use blend of creative office space, ground floor restaurants and retail – part of a downtown resurgence that includes an active office market,… Read More →

$165M for LPC-Phoenix in 60 days

hdr

Office investment and management expert Lincoln Property Company (LPC) and funds managed by Oaktree Capital Management, L.P. (Oaktree) have completed the $58 million purchase of Biltmore Commerce Center, a Class A, institutional-quality office building located in the heart of Phoenix’s coveted Camelback Corridor. The acquisition represents LPC’s second transaction in a partnership with Oaktree that has generated… Read More →

LPC will develop 3.2M SF The Grand at Papago Park Center

The Grand Conceptual Rendering Final
by in AZRE Magazine | Featured | In The Spotlight

Papago Park Center, Inc. announced today that Lincoln Property Company (LPC) has been selected to develop the first phase of Class A and mixed-use office space for The Grand at Papago Park Center. The total project is a 60-acre, high-profile, urban mixed-use property on the last developable parcel within the 350-acre Papago Park Center. The Grand project… Read More →

Groundbreaking marks start of Waypoint office campus

ATS at Waypoint, LPC, WEB

Officials from Harvard Investments, Lincoln Property Company (LPC), the City of Mesa and anchor tenant American Traffic Solutions (ATS) were on hand yesterday for the groundbreaking of Waypoint, a two-building, 258-square-foot Class A office campus in Mesa, Ariz., that is nearly 50 percent pre-leased to ATS. ATS, a leader in road safety and toll management,… Read More →

American Traffic Solutions relocates 600 employees to Waypoint

Waypoint at Riverview

Harvard Investments, Lincoln Property Company (LPC) and American Traffic Solutions (ATS) announced today that ATS will be relocating more than 600 employees to Waypoint, a new Class-A office campus located in Mesa, Ariz. ATS’s lease includes total occupancy of one of two new buildings planned by owner Harvard Investments and development partner LPC. “We welcome… Read More →

Lincoln Property Co. acquires Freeport Distribution Center

Freeport Distribution Center, WEB

Lincoln Property Company (LPC) has acquired the two-building, 219,240-square-foot Freeport Distribution Center industrial project in southwest Phoenix. Freeport Distribution Center is located at the northwest corner of Buckeye Road and 51st Avenue, just minutes from the Phoenix Sky Harbor International Airport. The project is a close-in infill site offering immediate connectivity to the I-10, I-17… Read More →

Industrial Evolution: West Valley poised for land grab

Dick's Sporting Goods distribution warehouse, Goodyear

Dick’s Sporting Goods built a 720KSF distribution center in Goodyear to service its West Coast stores. A California-based investor erected a 400KSF spec shell in Surprise’s Southwest Railplex business park. Corporate giants, Macy’s, Amazon, Sub-Zero, Marshall’s/TJ Maxx, Southwest Products and WinCo have landed or expanded their vast West Valley industrial operations within the last two… Read More →

Lincoln Property Company Sells Project Near Sky Harbor Airport

M
by in Brokerage | In The Spotlight

Lincoln Property Company announced the sale of Lincoln Sky Harbor to LTJ Skyline/Grand Stable and Carriage.  Lincoln Sky Harbor is situated on 7.57 acres and consists of three buildings totaling approximately 130,000 SF.  The property is located at the northwest corner of 16th Street and Interstate 17, in Phoenix, and neighbors Phoenix Sky Harbor International… Read More →