NEWS
Lincoln Property Company sells Grand 1 for $90M
(AZ Big Media - Dec 26, 2019) Lincoln Property Company has just completed the $90 million sale of Grand 1.
Tempe office building fetches $90 million in sale
(Phoenix Business Journal - Dec 24, 2019) The purchase was the first in the Valley for the Florida-based buyer and represents the first sale at the developing Tempe property.
Luhrs Building in downtown Phoenix sells for $14 million
(Phoenix Business Journal - Dec 23, 2019) A Utah-based real estate company bought the Luhrs Building in downtown Phoenix for $14 million.
DoorDash signs full-building lease in Tempe
(AZBigMedia - Dec 12, 2019) The nation’s leading on-demand food platform, DoorDash, has completed a full-building lease at Lincoln Property Company’s Grand 2 in Tempe, Arizona.
DoorDash Signs Lease at Lincoln Property Company’s Grand 2 in Tempe, Arizona
(CoStar - Dec 11, 2019) San Francisco-Based Business Girds for New California Law That Could Raise Costs
Year in review: Top 10 office sales in the Valley in 2019
(Phoenix Business Journal - Dec 11, 2019) The majority of the big office sales were in the East Valley, home to Tempe, the region's hottest submarket.
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
(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
(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.
Developer expands plans for West Valley industrial park
(Phoenix Business Journal - October 24, 2019) A land purchase in a joint-venture deal will allow for a 4.5 million-square-foot industrial park in Glendale.
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
(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
(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...
Nike pays nearly $70M for facility on metro Phoenix’s west side, records show
(AZ Central - August 19, 2019) Nike paid nearly $70 million for a facility on metro Phoenix's west side near the Phoenix Goodyear Airport, where other high-profile businesses are setting up shop, records show.
Nike pays Nearly $70 Million to Buy Goodyear Industrial Facility Developed by LPC
(Business Real Estate Weekly - August 19, 2019) In a deal BREW reported to be in the works in July, an affiliate of Nike Inc. of Beaverton, Ore. has paid $69,832,600 ($77.45 per foot) to purchase an industrial facility in Goodyear that is expected to have 500...
Nike buys facility for proposed Goodyear plant
(Phoenix Business Journal - August 19, 2019) Nike Inc. has spent nearly $70 million for a building that will be transformed into its Goodyear shoe factory.
Harvard Investments, Lincoln Property Co. Sell Waypoint Office Campus in Metro Phoenix for $107.6M
(REBusiness Online - August 15, 2019) Harvard Investments and Lincoln Property Co. (LPC) have completed the sale of Waypoint, a suburban Class A office campus located in Mesa, Tempe and Scottsdale. New York City-based Innovatus Capital Partners acquired the...
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...
Lincoln Rackhouse Sells Its Phoenix Flagship Data Centre Hub For $72.75m
(Data Economy - August 12, 2019) Lincoln Rackhouse, the data centre division of Lincoln Property Company has partnered with Principal Real Estate Investors in the sale of a Phoenix-area data centre facility to CBRE Global Investors for $72.75m.
Lincoln Military Housing Honored With 2019 National Apartment Association Excellence Award
(Globe Newswire - July 19, 2019) Lincoln Military Housing today announced that its flagship community at Camp Lejeune, Heroes Manor, is the recipient of the National Apartment Association Excellence Award.