Meet David Krumwiede, a longtime Phoenix resident and commercial real estate leader in the Valley (Video) - Phoenix Business Journal

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David Krumwiede was raised in Phoenix and has been around commercial real estate for most of his life. Here's what he says it takes to become a successful developer in the Valley.

During his 30-plus years working in commercial real estate, David Krumwiede said one of his most memorable projects was one he started in the past decade known as, a large office and mixed-use project located within the massive Papago Park Center in Tempe.

So far, the firm he leads, Lincoln Property Co. Desert West has developed two office buildings at the Grand that were leased out and sold with aAt full build-out, the Grand at Papago Park will total 3.2 million square feet across a mix of uses including housing, hospitality, retail and restaurants with up to 1.8 million square feet of office space.

In addition to office, Krumwiede and his team at LPC have become a prominent industrial developer in the Valley with numerous projects planned in multiple cities.What I love about industrial is the users and tenants. They're building, assembling very cool stuff all across the board, products, on the e-commerce side it's super sophisticated with multi-level platforms with robotics.

 

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