(The Tennessean - June, 2017) 250 multifamily units, Hyatt Regency hotel, creative offices, retail space and urban park also planned as part of 15-acre project on former LifeWay campus.
News / Research
(In Business Magazine - June, 2017) Since the grand opening of the Arizona Biltmore Resort in February 1929, the area known as the "Camelback Corridor" hasn’t missed a development beat. The submarket long ago reached the “built out” stage, with virtually every infill site along the route developed into premier residential or commercial space. That makes the resurgence happening at Camelback Road and 28th Street notable.
(BISNOW - Apr 19, 2017) Recently NAIOP tapped a Downtown project, Luhrs City Center, as its 2016 Redevelopment Project of the Year. Lincoln Property acquired Luhrs in late 2015 and began renovating the building, which is about 80% occupied and pushing toward full occupancy.
(Orlando Business Journal - Apr 17, 2017) Two properties just steps from each other in downtown Orlando’s Church Street area have sold in separate transactions that garnered a combined $116 million. Lincoln Property Co. secured the land it needs to build the estimated $81 million, 28-story Tremont Plaza mixed-use tower, and an affiliate of The Blackstone Group LP (NYSE: BX) bought the 33-story 55 West high-rise.
(AZRE - Apr 14, 2017) When Lincoln Property Company (LPC) Assistant Property Manager Elizabeth Porras learned about Operation Easter Bunny, there was no stopping her. She quickly started a collection effort at 2777 Camelback and Camelback Square, where she serves as part of the property management team, and then began spreading the word to her colleagues. Within days, property management teams and tenants.
(The PE Hub - Apr 10, 2017) Lincoln Property Company and Long Wharf Capital have acquired a Glendale, California-based eight-story office tower. No financial terms were disclosed.
Los Angeles, CA — (Commercial Property Executive - Mar 9, 2017) Lincoln Property Group, which has been at the forefront of many high-profile Southern California deals in recent years, is launching LPC West, a new unit led by veteran executive David Binswanger, to continue boosting the company’s West Coast presence.
PHOENIX, AZ – (Commercial Property Executive - Mar 3, 2017) - Lincoln Property Co. has announced that the company added 2777 Camelback to its Class A Phoenix office portfolio. The 104,618-square-foot building traded for $24.7 million and was sold by DRA Advisors, according to Yardi Matrix. Lincoln Property plans to complete renovations including lobby and common area refurbishments, an indoor tenant lounge, a new collaborative outdoor lounge area, improved signage and upgrade landscape and hardscape.
ATLANTA, GA – (Commercial Property Executive - Feb 3, 2017) - Lincoln Property Co. Southeast has announced that the company has broken ground on a 362,880-square-foot speculative industrial warehouse/distribution center in Atlanta. The property is scheduled to come online this summer. The new facility will be located in one of Atlanta’s most active industrial submarkets that is also home to Google, Duracell, SC Johnson and many others.
PHOENIX, AZ – (AZBEX.com - Jan 24, 2017) - While not unusual in concept, the relocation of the Grand Canal on this site was unique in scope. Close to a half-mile of canal was moved approximately 200 feet north of its previous location, north of the L202. Papago Park Center, Inc. did this to create a more usable site overall. Centering the canal enabled development on both sides; creating a massive water feature in the middle to provide a focal point and amenity for residents and those that will work on the site.
PHOENIX, AZ – (CEM-AZ.com - Jan, 2017) - Built between 1924 and 1929, Luhrs City Center is a National Historic Landmark. It encompasses approximately 160,000 SF of fully renovated office and retail space featuring red brick interiors and exposed beams. LPC is nearing completion now on an additional, multi-million-dollar renovation that further upgrades the project's lobby, common areas, garage and streetscapes.
DALLAS, TX – (Marketwired - Jan 10, 2017) - Lincoln Property Company has been named a 2016 NGBS Green Partner of Excellence. NGBS Green, the National Green Building Standard™, has certified more homes than any other national green home certification program in the US. Recognition in this elite group of green certification participants validates the commitment Lincoln has made to provide its residents with a home of comfort and convenience.
PHOENIX, November 7, 2016 – Lincoln Property Company (LPC) continued its award-winning property management track record at this year’s “The Outstanding Building of the Year” (TOBY), earning a TOBY for its management of Luhrs City Center, a National Historic Landmark mixed-use development located at Central and Jefferson – the geographic point of origin for downtown Phoenix.
PHOENIX, August 22, 2016 – For the second year in a row, Lincoln Property Company (LPC) Desert West has earned a regional TOBY award from the Building Owners and Managers Association. LPC earned the TOBY for its management of the the Arizona Department of Environmental Quality (ADEQ) Building in Central Phoenix.
PHOENIX, July 14, 2016 – Lincoln Property Company (LPC) Desert West has promoted Megan Watkins to Associate Director of Management Services. In her new role, Watkins will help direct LPC’s regional portfolio of more than 6 million square feet of office, industrial and retail space.
PHOENIX, July 5, 2016 – After leasing a Class A Lincoln Property Company (LPC) distribution facility in the heart of Phoenix’s Southeast Valley industrial market for three years, global supply chain leader XPO Supply Chain Inc. has opted to purchase the building for more than $30 million.
PHOENIX, May 10, 2016 – Lincoln Property Company (LPC) Desert West has hired industry veteran John Orsak as Director of Real Estate. Orsak brings 15 years of real estate experience to his new position, with a focus on acquisitions, dispositions, development, leasing and asset management.
TEMPE, April 11, 2016 – Just as it breaks ground on the first building at The Grand at Papago Park Center in Tempe, Arizona, Lincoln Property Company (LPC) has secured a pre-lease commitment from a major first tenant: leading enterprise application software company SAP America (NYSE: SAP).