David Krumwiede Archives

$165M for LPC-Phoenix in 60 days


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

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 →