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| Spec Office Project of the Year award for the Grand2 at Papago Park Center in Tempe, AZ |
PHOENIX, AZ – The Desert West
region of Lincoln Property Company (LPC)
has been named NAIOP Arizona’s Owner/Developer of the Year for the second year
in a row.
The honor – which was
accompanied by three additional awards given to LPC at NAIOP’s annual “Best Of”
award event – reflects the strength and diversity of the Desert West regional
office.
In addition to
Owner/Developer of the Year, LPC Desert West earned “Talk of the Town” and Spec
Industrial Project of the Year awards for Lincoln
Logistics 40 in Goodyear, Arizona, and a Spec Office Project of the
Year award for
the Grand2 at Papago Park Center in Tempe, Arizona.
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| Spec Industrial Project of the Year award for Lincoln Logistics 40 in Goodyear, AZ |
“We approach every
LPC project as an opportunity to move Arizona’s commercial real estate market
forward with new technology, creative amenities and comprehensive property
management,” said LPC Desert West Executive Vice President David Krumwiede.
“We are honored to
receive NAIOP’s recognition of these efforts, and we extend our greatest thanks
to our business partners and the Desert West team, who are the foundation of
our success.”
In 2019, LPC Desert
West broke ground on or delivered landmark projects including the Grand2 and
Union Class A office buildings in the East Valley, and the ultra-modern Lincoln
Logistics 40 and Park 303 industrial projects in the West Valley.
Over the past 12 months LPC Desert West has also completed two of Arizona’s most significant project transactions, including the $107.6 million sale of the four-building Waypoint Class A office campus in Mesa, Arizona, and the $70 million sale of the 901,770-square-foot Lincoln Logistics 40.
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| David Krumwiede |
Over the past 12 months LPC Desert West has also completed two of Arizona’s most significant project transactions, including the $107.6 million sale of the four-building Waypoint Class A office campus in Mesa, Arizona, and the $70 million sale of the 901,770-square-foot Lincoln Logistics 40.
Since its founding in
Phoenix in 2001, LPC Desert West has developed or acquired approximately 16
million square feet of space and manages an office, industrial and retail
portfolio of approximately 7 million square feet.
In May, LPC Desert West kicked off a strategic regional expansion with the acquisition of Hughes Airport Center, its first-ever industrial acquisition in Las Vegas. It is currently pursuing additional acquisition opportunities that expand the division’s footprint into Utah.
In May, LPC Desert West kicked off a strategic regional expansion with the acquisition of Hughes Airport Center, its first-ever industrial acquisition in Las Vegas. It is currently pursuing additional acquisition opportunities that expand the division’s footprint into Utah.
To discuss
development, investment, leasing or property management opportunities with
Lincoln Property Company in the Desert West region, please call David Krumwiede
or John Orsak at (602) 912-8888.
CONTACT:
Stacey Hershauer
480.600.0195
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