NEWS
Commercial real estate development in Arizona sees signs of a new approach
(AZ Big Media - Mar 27, 2020) In Arizona, the evolution of commercial real estate development isn’t found in brand new residential towers in Central Phoenix or 1 million-square-feet warehouses in the West Valley. The future of commercial development is going on in...
4.5M SF Park303 breaks ground in Glendale
(AZ Big Media - Mar 7, 2020) NAIOP Arizona Owner/Developer of the Year Lincoln Property Company (LPC) joined with local dignitaries and guests today to break ground on the first building at Park303, a major industrial master-planned development that at build-out will...
Construction begins on master-planned West Valley industrial park
(Phoenix Business Journal - Mar 7, 2020) Lincoln Property Co. has begun construction on the first phase of Park303 in Glendale, a master-planned industrial development that will contain 4.5 million square feet of space at buildout.
Historic Luhrs Building sold, will become a hotel
(AZ Big Media - Jan 27, 2020) Lincoln Property Company has sold the historic Luhrs Building to Provo-based PEG Companies. PEG plans to renovate 92,000 square feet of the 108,000-square-foot Luhrs Building into a stylish upscale hotel.
Lincoln Property’s The Grand wins BOMA Building of The Year
(AZ Big Media - Jan 23, 2020) Lincoln Property Company has won a “The Outstanding Building of the Year” (TOBY) award for its management of The Grand – the first of eight Class A office buildings that LPC is developing at the 60-acre Grand at Papago Park Center...
Experts tout a ‘hot Arizona market’ at IREM-CCIM Economic Forecast
(AZ Big Media - Jan 22, 2020) The theme of the 13th Annual IREM-CCIM Economic Forecast was “The Real Scoop.” Judging by the comments of economists and industry panelists, the message that resonated was “Phoenix and Arizona are on fire.”
On the move at AZCREW, Lincoln Property, Pascua Yaqui Tribe, NorthMarq
(AZ Big Media - Jan 22, 2020) A bold strategic vision and new board members kick off 2020 for AZCREW.
How Glendale’s $400M infrastructure investment is paying dividends
(AZ Big Media - Jan 7, 2020) Over the past 15 years, the City of Glendale has invested more than $400 million in infrastructure improvements to create a world-class environment for businesses large and small to thrive.
Lincoln Property Sells First Office Building at The Grand at Papago Park Center in Arizona for $90M
(REBusiness Online - Jan 2, 2020) Tokyo-based MUFG and SAP occupy Grand 1, a 219,212-square-foot Class A office building located within The Grand at Papago Park in Tempe, Ariz.
2020: Experts Weigh In on Where We’ve Been, Where We’re Going
(Western Real Estate Business - Dec, 2019) Office, industrial and multifamily players feel good about their respective Western regions as we inch toward 2020, though that doesn't mean they aren't weighing a few concerns.
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.