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December 18, 2018
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PROPERTY MANAGEMENT NEWS
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Lincoln Property Company Awarded Management Assignment for Two-Building Phoenix Office Complex

8/30/17

Lincoln Property Company (LPC) has been selected as the exclusive property manager for 3131 and 3133 Camelback, a two-building, Class A office property located at 3131 and 3133 E. Camelback Rd, in the heart of Phoenix’s prestigious Camelback Corridor. The buildings, totaling 295.4k sf of space, sit at the southwest corner of 32nd St and Camelback Rd. They are owned by 3131 Camelback Road Holdings LLC, a Goldman Sachs company that just purchased the buildings in June 2017.

3131 Camelback
3131 Camelback
The assignment boosts LPC’s existing management portfolio, totaling approximately 6 msf of office, industrial and retail space in locations across the Valley. The buildings are also part of a 2.8 msf, LPC-managed office property management portfolio that recently earned Energy Star Certification by the U.S. Environmental Protection Agency (EPA). As Energy Star certified, these buildings use an average 35 percent less energy than a typical building and release 35 percent less carbon dioxide into the atmosphere.

With the advantages of location and amenities, 3131 and 3133 have maintained an average 93% occupancy since completed in 1998, with current tenants including Lincoln Property Company, JLL, Johnson Bank and HSAG. The project is minutes from State Route 51 and I-10, and is surrounded by numerous walkable amenities including 11 restaurants, three banks and a grocery-anchored shopping center.






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