Lincoln Property Company is expanding our presence in Las Vegas with institutional property management, acquisitions, development and construction management,” said David Krumwiede, Executive Vice President, Lincoln Property Desert West Region.
Las Vegas, Nevada (PRWEB) April 30, 2013
The Desert West Region office of Lincoln Property Company is expanding into the Las Vegas commercial real estate market. Based in Phoenix, Arizona, the regional office also serves metropolitan areas in Arizona, Utah and New Mexico.
“Lincoln Property Company has a presence in more than 200 municipalities in the United States, and is focusing on expanding our presence in the Las Vegas market with institutional property management, acquisitions, development and construction management,” said David Krumwiede, Executive Vice President, Lincoln Property Company Desert West Region. “We believe that now is an opportune time to enter the Las Vegas market as it’s showing signs of steady growth.”
Lincoln Property Company was recently awarded an assignment in Las Vegas: the property management contract for a 273,301 square foot office/industrial complex, Bigfoot Business Park.
Bigfoot Business Park is located at 6235-6375 South Pecos Road conveniently situated less than three miles from McCarran Airport in Las Vegas. The property consists of seven buildings total and is owned by Hong Kong-based Bigfoot Properties, Inc. Bigfoot Properties, a subsidiary of Bigfoot Entertainment, is a property investment company with a broad international portfolio across Asia and North America. Their investments, which cover a variety of sectors in the real estate market, have included the development, acquisition and repositioning of prime residential, commercial and hotel properties.
“Lincoln Property Company is growing our business with this client across the country,” said Alisa Timm, CPM, Director of Management Services, Lincoln Property Desert West Region. “We often find that national LPC clients like Bigfoot Properties validate our expertise on projects in other markets, and call on us again when they have commercial real estate needs in new markets.”
“As a Lincoln Property Company client in other metropolitan areas, we appreciate Lincoln’s eye toward ownership. They treat their client’s properties like they would their own, and have the capability to successfully manage this property to our high standards,” said Alan Krinzman, Principal, Bigfoot Properties, Inc.
Bigfoot Business Park is currently occupied by 153 tenants including United Blood Services, Sweet Tours, DAL Global, HS Brands International, The Tungland Company, Professional Fitness Institute, Health Profile Institute and the International Academy of Film & Television. The property features a full-time on-site management office, covered parking and four move-in ready suites.
Lincoln Property Company
Lincoln Property Company ("Lincoln") is an international full-service real estate firm offering real estate development, design / construction management, leasing, property management/ receivership / asset management services. Founded in 1965, Lincoln currently has approximately 6,200 employees and maintains a presence in more than 200 municipalities in the United States and three countries throughout Europe.
Lincoln's Desert West Region, which includes Arizona, Nevada, Utah and New Mexico, is based in Phoenix, Arizona and has been operating since 2001. Lincoln has developed 2.7 million square feet, acquired 3.7 million square feet and manages 5.2 million square feet of commercial space.
Lincoln’s notable developments and investments include the BOMA TOBY Award LEED Platinum Certified Arizona Game and Fish Department Headquarters, Paradise Village Office Park, Broadway 101 Commerce Park and Camelback Square. Lincoln was recently ranked 4th in the Arizona Republic Who’s Who in Business. The Phoenix Business Journal Book of Lists ranks LPC consistently in the top 10 Commercial Real Estate firms for both Development and Property Management. Lincoln Property Company is located at 3131 E. Camelback Road, Suite 318 in Phoenix, Arizona. For more information, visit http://www.lpcphx.com.