NEWS
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.
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
(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...
Lincoln Property Company signs WageWorks as 1st tenant at Union
(AZ Big Media - July 9, 2019) Before it is set to break ground, the first building at Lincoln Property Company’s Union Class A office project has signed its first tenant.
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.
Co-working Company Lands at Lincoln’s Flight in Tustin
(Connect California - Apr 25, 2019) Work Well Win signed a 25,348-square-foot lease at Lincoln Property Co.’s Flight @ Tustin Legacy in Tustin, CA. This will be the co-working company’s second location in California. The other is in Santa Monica, and is set to open...
Lincoln named Owner/Developer of the Year at Best of NAIOP
(AZBigMedia.com - Mar 29, 2019) 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)...
Tempe, Chandler are the present and close future of office development
(Phoenix Business Journal - Mar 29, 2019) The East Valley has always been popular with large, national corporations looking for office space. Scottsdale and Northeast Phoenix hold the most cachet, but in recent years, more major corporations have chosen to locate in...