Camelback Corridor Is Hot Area

With a $24.65 million purchase, Lincoln Property Company has added 2777 Camelback to its Class A Phoenix office portfolio. The 104,618-square-foot building is located at 28th Street and Camelback Road, in a section of the Camelback Corridor undergoing a wave of new development. “The land surrounding 2777 Camelback is enjoying a major revival, thanks to multiple new development projects,” says Lincoln Property Company Executive Vice President David Krumwiede. “This is a significant accomplishment in the high-barrier-to-entry Camelback Corridor submarket — and one that we will support as we upgrade 2777 to an even higher standard of quality.”