NEWS

Lincoln Property Co. buys 140 acres in Glendale for $53M
LPC Desert West has completed a $53 million, 140-acre land acquisition in Glendale, Arizona for its next mega metro Phoenix industrial project, Luke Field

Lincoln Property JV Sells Phoenix Asset
Time Equities Inc., of New York, has acquired the 268,516-square-foot Paradise Village Office Park in Phoenix.

Lincoln Property Company’s David Krumwiede earns NAIOP Award of Excellence
David Krumwiede, a 36-year veteran of the commercial real estate industry, has been named NAIOP Arizona’s 2021 Award of Excellence recipient.

2.5M SF Park303 Phase 2 breaks ground in Glendale
The new phase will bring nearly 2.5 million square feet in three new state-of-the-art industrial buildings fronting the Loop 303 in Glendale, Arizona.

Construction begins on record-breaking Glendale industrial parcel
LPC Desert West, the Southwest arm of Dallas-based Lincoln Property Co., has kicked off construction of Park303 Phase 2.

Lincoln Property Breaks Ground on 2.5 MSF Park303 Phase II Industrial Project in Glendale, Arizona
Located in Glendale, Ariz., Park303 Phase 2 will feature three buildings offering a total of nearly 2.5 million square feet of Class A industrial space.

Lincoln Property Starts 2.5 MSF Phase of Phoenix-Area Project
Phase 2 consists of Bldg A, 629,835 square feet, Bldg B, 483,300 square feet, and Bldg C, of almost 1.3 million square feet.

Lincoln Property Starts Work on Three Industrial Buildings in Phoenix’s Glendale Suburb
Lincoln Property Co. broke ground on the next phase of Park303, a few months after the first building sold for the highest price in Arizona history.

National developer starts work on second phase of massive Glendale industrial project
Construction for Park303’s second phase recently started following the record sale of the first phase along the Loop 303 in Glendale.

LPC buys 2 buildings at AZ 202 Commerce Park for $32.5M
(AZBigMedia - February 4, 2022) In its first major metro Phoenix industrial acquisition of the year, Lincoln Property Company has closed on two buildings at AZ 202 Commerce Park in Chandler.

Top 20 Commercial Development Firms of 2021
(Commercial Property Executive - November 30, 2021) Find out which firms made CPE’s annual list of industry leaders.

Housing affordability, fate of office work are key Valley issues, experts say
(Phoenix Business Journal - January 14, 2022) Housing affordability, the fate of office work and the demand for industrial space in Phoenix - Here are the experts' economic predictions.

Phoenix industrial market set another record in 2021
(AZBigMedia - January 8, 2022) The Phoenix industrial market set another record year, exceeding last year’s performance which was the best year on record for the region.

14 Metro Phoenix deals top $100M to lead biggest deals of summer
(AZBigMedia - September 22, 2021) Historically, when the conversation centers around summer blockbusters, it’s in reference to hit movies. But this season, the stars of the show have been the blockbuster commercial real estate deals.

LPC closes biggest industrial sale in Arizona history — $186M
(AZBigMedia - September 17, 2021) Within one month of its completion, leading developer LPC Desert West has completed the sale of the 1.25 million-square-foot Park 303 Phase I in Glendale, Arizona to BentallGreenOak.

Massive 7-million-square-foot Goodyear AirPark coming to West Valley
(AZBigMedia - September 17, 2021) In a joint venture partnership, LPC Desert West, the Southwest regional office of Lincoln Property Company (LPC), and Scottsdale-based Harvard Investments have purchased 585 acres in metro Phoenix’s West Valley submarket for a major...

The 15 coolest offices in Metro Phoenix for 2021
(AZBigMedia - September 16, 2021) Eighteen months after many workers were sent home to help prevent the spread of COVID-19, companies are welcoming people back to the office — and back to some of the coolest offices in Metro Phoenix.

Developers buy 585 acres in Goodyear for proposed 7-million-square-foot industrial park
(Phoenix Business Journal - September 14, 2021) Another big industrial project has been proposed for the West Valley. The first phase of this new one proposed near the Phoenix Goodyear Airport will include more than 1.6 million square feet between six buildings...

The Industrial Revolution
(Phoenix Business Journal - July 23, 2021) The Loop 303 corridor is still a focal point for industrial development, but some submarkets, including the Southeast Valley, are landing some major projects as the economic spinoff effects ripple through the region.

Lincoln Property Company Earns Third Consecutive NAIOP Award
(Connect Phoenix & Southwest - May 18, 2021) The Desert West region of Lincoln Property Company (LPC) recently earned its third consecutive NAIOP Arizona owner/developer of the year award.