SOURCE: Lincoln Property Company

Lincoln Property Company

February 15, 2011 10:52 ET

Lincoln Property Company Announces New 32,000 Square Foot Lease at Broadway 101

PHOENIX, AZ--(Marketwire - February 15, 2011) - The Phoenix office of Lincoln Property Company, a full-service real estate firm providing property management, receivership services, leasing, development and project management, announced that World Wide Technology, Inc. has signed a 31,160 square foot lease at their Broadway 101 Commerce Park.

Headquartered in St. Louis, Missouri, World Wide Technology, Inc. is a systems integrator that provides innovative technology and supply chain solutions to the commercial, government and telecom sectors.

"With the addition of World Wide Technology, Broadway 101 Commerce Park continues to add international businesses as tenants within the project," said Cooper D. Sutherland, Designated Broker for Lincoln Property Company. "The market is gaining velocity and we are very pleased to welcome them as a tenant to the park." 

Located southeast of the Loop 101 / 202 freeway interchange on Broadway Road in Mesa, Ariz., Broadway 101 Commerce Park features 808,000 square feet of manufacturing, warehouse/distribution and office space in 11 buildings.

Existing tenants include Siemens, Boeing/Aviall, NAPA Auto Parts, Patterson Companies, Inc., LifeCare Solutions, PCT International and Superior Pool Products.

The tenant was represented by broker Gregory White with CB Richard Ellis, and the landlord was represented by Mike Haenel, Andy Markham and Marc Tuite with Cassidy Turley l BRE Commercial.

Developed by Lincoln Property Co. in partnership with RREEF, the project site was home to a Motorola semiconductor plant for more than 30 years before it closed in 2001. LPC demolished the 1.3 million square foot plant and has worked to reclaim reusable materials at the site.

LINCOLN PROPERTY COMPANY

Lincoln Property Company ("Lincoln") is an international full service real estate firm offering real estate development, design/construction management and property/asset management services. Founded in 1965, Lincoln currently has approximately 4,400 employees and maintains a presence in more than 200 cities in the United States and 10 countries throughout Europe. 

Lincoln's West Regional office, based in Phoenix, Arizona, has developed in excess of 2.9 million square feet, acquired 2.1 million square feet and manages 4.7 million square feet of commercial space. We are consistently highly ranked in the Phoenix Business Journal Book of Lists. For more information, visit http://www.lpc.com

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