Leading commercial real estate owner, developer and property manager Lincoln Property Company (LPC) last night earned the award for Owner/Developer of the Year at the National Association of Industrial and Office Properties (NAIOP) Arizona chapter’s Best of NAIOP, an annual event recognizing the best of Arizona commercial real estate.
The NAIOP Owner/Developer of the Year award recognizes LPC as the most successful office/industrial owner and developer in the Arizona market in 2018. This takes into account the firm’s more than 5.6 million square feet of active development, a property management portfolio spanning almost 10 million square feet of prime commercial space and the execution of 65 lease deals in 2018 across multiple landmark Valley projects.
“This is an extremely exciting time to be a part of the Phoenix commercial real estate community. Our economy is more diverse than it has ever been, and that opens the doors to entirely new categories of tenant demand, amenity trends and project opportunities – all of which we’ve worked to actively identify and respond to,” said Lincoln Property Company Executive Vice President David Krumwiede. “NAIOP is a big part of that environment, and we are grateful for its efforts to advance industry best practices, provide a platform for sharing knowledge and foster the continued development of our local commercial real estate talent.”
Key LPC projects that were completed, under construction or announced during 2018 include the ultra-modern, 901,700-square-foot Lincoln Logistics 40 Class A industrial project in Goodyear, multiple amenity-rich Class A office buildings at The Grand at Papago Park Center in Tempe, the 1.3-million-square-foot Class A Union office project in the heart of Mesa’s Riverview District and the 1.2 million-square-foot Lincoln Logistics 303 Class A industrial development in Glendale.
As one of metro Phoenix’s largest property managers, LPC also completed significant lease and renovation activity at high-profile properties including 3131 Camelback, Waypoint in Mesa and Gainey Center in Scottsdale, all Class A office properties in prime Valley submarkets.
For more information or to discuss leasing, investment or property management opportunities with Lincoln Property Company in the Desert West region, please call David Krumwiede or John Orsak at (602) 912-8888.