NEWS

The Future of Industrial Real Estate

The Future of Industrial Real Estate

(Commercial Property Executive - Dec 5, 2019) Logistics properties in the U.S. are getting loftier and more high-tech as an evolving supply chain drives innovation in sheds.

Top Development Firms 2019

Top Development Firms 2019

(Commercial Property Executive - Dec 5, 2019) Deliveries from 2019's top development firms and other companies are expected to fall off some due to economic uncertainties and other factors.

‘Tremendous economic activity’ in West Valley

‘Tremendous economic activity’ in West Valley

(The Glendale Star - November 28, 2019) Several influential business and development figures in the Phoenix Metropolitan area met Nov. 15, to discuss exciting upcoming improvements and potential in the West Valley.

1.35-million-square-foot Union breaks ground in Mesa

1.35-million-square-foot Union breaks ground in Mesa

(AZ Big Media - October 23, 2019) Lincoln Property Company, Harvard Investments, dignitaries from the City of Mesa and business and community leaders joined today to celebrate the groundbreaking of the first office building at Union.

Lincoln Property Company buys 71.5 acres in Glendale for $11.7M

Lincoln Property Company buys 71.5 acres in Glendale for $11.7M

(AZ Big Media - October 1, 2019) NAIOP Arizona 2018 Owner and Developer of the Year Lincoln Property Company has closed on 71.5 acres in Glendale, Arizona for $11.7 million, initiating development of Park303. The new $115 million speculative Class A industrial project...

Nike Buys 900K-SF Lincoln Logistics 40, Pays $70M

Nike Buys 900K-SF Lincoln Logistics 40, Pays $70M

(connect commercial real estate - August 20, 2019) Nike Inc. paid $69.8 million to a joint venture consisting of Lincoln Property Co. and Goldman Sachs Group Inc., for ownership rights to a 901,700-square-foot industrial facility in Goodyear, AZ. The sportswear...

Waypoint sells for $107.6M in year’s biggest deal

Waypoint sells for $107.6M in year’s biggest deal

(AZ Big Media - August 14, 2019) Following the execution of a strategic development, repositioning and leasing plan, Harvard Investments and Lincoln Property Company (LPC) have sold the Waypoint suburban Class A office campus for $107.6 million to Innovatus Capital...

LPC Snags Industrial Portfolio from Colony for $105M

LPC Snags Industrial Portfolio from Colony for $105M

(connect california - July 18, 2019) Lincoln Property Company acquired an industrial portfolio in SoCal from Colony Capital, Inc. for $104.6 million. The highly-desirable Inland Empire West portfolio consists of four sites totaling 745,580 square feet.

WageWorks signs as first tenant of Mesa’s Union office building

WageWorks signs as first tenant of Mesa’s Union office building

(KTAR News 92.3 FM - July 11, 2019) A health benefits company has signed on to be the first tenant in Mesa’s upcoming Union Class A office project. San Mateo, California-based WageWorks has committed to a 150,000-square-foot lease that will bring around 1,000 jobs to...

Waypoint office campus hits 98% occupancy

Waypoint office campus hits 98% occupancy

(AZ Big Media - May 9, 2019) A string of major leases by national credit tenants has pushed the Harvard Investments / Lincoln Property Company (LPC) Waypoint office development to 98 percent leased.

Reports

Lincoln Property Company produces consolidated quarterly market reports in-house. Unlike any others in our market, we calculate our market averages based on the results reported from the top seven Phoenix brokerage houses and CoStar. This gives our clients and colleagues a unique view of the market unlike any other.

PHOENIX OFFICE Q1 2020 STATS

PHOENIX INDUSTRIAL Q1 2020 STATS