NEWS

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.

Co-working Company Lands at Lincoln’s Flight in Tustin

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

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

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...

Arizona’s top projects earn 2019 RED Awards

Arizona’s top projects earn 2019 RED Awards

(AZBigMedia.com - Mar 6, 2019) The Real Estate and Development (RED) Awards — which are considered the Academy Awards of Arizona’s commercial real estate industry — honored last year’s top brokers, architects, contractors, developers and projects Wednesday night at...

Lincoln tops out at The Grand at Papago Park Center 2

Lincoln tops out at The Grand at Papago Park Center 2

(AZBigMedia.com - Mar 4, 2019) Lincoln Property Company has officially poured the top floor of The Grand at Papago Park Center 2, bringing the building to the “topped out” stage and ushering in its final phase of construction.

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 Q2 2019 STATS

PHOENIX INDUSTRIAL Q2 2019 STATS