Lincoln Property Company 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 →

Lincoln property hires John Orsak

John Orsak
by in AZRE Magazine | Newsmakers

Lincoln Property Company (LPC) Desert West has hired industry veteran John Orsak as Director of Real Estate. Orsak brings 15 years of real estate experience to his new position, with a focus on acquisitions, dispositions, development, leasing and asset management. Orsak previously served as Director of Operations and Project Manager at Hines, and as Senior… Read More →

Lincoln breaks ground on 250K SF offices

Rendering of the Grand at Papago Park
by in AZRE Magazine | Construction | Office

Just as it breaks ground on the first building at The Grand at Papago Park Center in Tempe, Arizona, Lincoln Property Company (LPC) has secured a pre-lease commitment from a major first tenant: leading enterprise application software company SAP America (NYSE: SAP). SAP is currently located in the Scottsdale Galleria, but will relocate to the first building at The Grand at… 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 →

Scottsdale Gainey Center II Sells for $35.25M

Gainey Center II
by in AZRE Magazine | Office

In a $35.25 million deal, Lincoln Property Company (LPC) and Goldman Sachs purchased Gainey Center II in Scottsdale. The companies will complete minor renovations at the project, underscoring a continued demand and upside for Class A executive office space. “There is definitely a need in the Valley for high-tech build outs, but the president of… Read More →

Harvard Investments and LPC creating 425KSF offices

Harvard Investments
by in AZRE Magazine | Construction | Office

With the just-closed, $34.34 million office acquisition of Riverview Point, Harvard Investments and Lincoln Property Company (LPC) will combine new construction with existing buildings to establish a 425,861-square-foot, Class A office campus at the borders of Tempe, Scottsdale and Mesa, Arizona. The new development, branded collectively as Waypoint, will combine Harvard and LPC’s recently delivered Waypoint One Class A… Read More →

Lincoln sells $37M 5-building Phoenix portfolio

sold
by in AZRE Magazine | Brokerage | Industrial | Office

In a $37.98 million deal, Lincoln Property Company announced the completion of the sale, Wednesday, of a five-building Northwest Phoenix industrial portfolio to Colorado-based REIT Industrial Property Trust, Inc. The deal includes Lincoln Deer Valley and Lincoln Pinnacle Park assets. “These buildings are 97 percent NNN leased with staggered expirations, and below-market rents that deliver… 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 →

Lincoln Property signs 552,330 SF industrial lease

LPC

Lincoln Property Company (LPC) has completed a 552,330-square-foot lease that will fully occupy a Phoenix industrial building and bring approximately 200 new jobs to the Southwest Valley. The undisclosed distribution user will move into its new space in October and will fully occupy the project, located 7037 W. Van Buren Street in Phoenix. It will use… Read More →

Lincoln Property ranks #1 property manager for 2015

Vestar

Lincoln Property Company (LPC) has been ranked as the number one property manager in 2015 according to Multi-Housing News’ top 50 listing. The ranking was based on self-reported property characteristics, quantity of leases, amount and size of communities under management, square footage, amount of property operations owned or managed, involvement in multiple property sectors, sustainability practices and… Read More →

Phoenix Children’s expands to Biltmore Commerce Center

Best Public, Commercial Buildings - AZRE Magazine September/October 2011

Phoenix Children’s Hospital has committed to a 27,265-square-foot office lease at Biltmore Commerce Center, a Class A Camelback Corridor office building that was purchased just months ago by office investment and management expert Lincoln Property Company (LPC) and a fund managed by Oaktree Capital Management, L.P. (Oaktree). The company will move into Biltmore Commerce Center next month,… Read More →

Daum negotiates Express Furniture Rental Lease in Phoenix

Express Furniture Rental Lease

Daum Commercial Real Estate Services has negotiated the lease of a 32,241-square-foot distribution center located at 5230 W. Buckeye Road in Phoenix for just under $1 million. Steve Bodeman, executive vice president with Daum Phoenix, represented the lessee, Express Furniture Rental, in the transaction. This represents Bodeman’s fourth lease transaction for Express Furniture Rental over… Read More →