John Orsak, Doug Klocke take on expanded Real Estate and Construction roles
Phoenix, Ariz. – Lincoln Property Company (LPC) has promoted industry veterans John Orsak and Doug Klocke to the position of Vice President, expanding the role of each individual within the LPC Desert West Region of Arizona, Nevada, Utah and New Mexico, and encompassing current LPC development projects such as Lincoln Logistics 40, Union, the 1.8 million-square-foot office portion of The Grand at Papago Park Center and Lincoln Logistics 303.
A 21-year industry veteran and LPC employee since 2005, Klocke becomes Vice President of Development and Construction Management. Since joining LPC, Klocke has developed and constructed nearly 5 million square feet of Class A office and industrial projects. In his new role, he serves as the primary customer contact and manager for all current LPC real estate projects and tenant improvements. This includes construction costs, schedules and quality control from project conception to completion at the company’s pipeline of more than 5 million square feet of announced or under-construction commercial developments.
As Vice President of Real Estate Development, Orsak is responsible for all LPC leasing, acquisitions, dispositions and property management. This includes an almost 10 million-square-foot property management portfolio, strategic renovations at high-profile projects such as 3131/3133 Camelback and Luhrs City Center, and the ongoing development and leasing at Lincoln Logistics 40, The Grand at Papago Park Center, Lincoln Logistics 303 and Union. Orsak joined LPC in 2016, bringing with him 15 years of real estate experience. Since then, he has been involved with more than 1.5 million square feet of lease executions with a total lease consideration of more than $250 million.
Klocke holds a bachelor’s degree in Civil Engineering from Arizona State University, is a LEED Accredited Professional and holds an EIT in Civil Engineering. He is a member of the National Association of Industrial and Office Properties (NAIOP), volunteers with Habitat for Humanity and is a Certified Youth Sports Coach in soccer and baseball.
Orsak holds a bachelor’s degree in Business Administration from Sam Houston State University. He sits on the NAIOP Board of Directors and is the founder of Santa’s Sak, a non-profit organization that supports state-sponsored group homes and puts Christmas gifts into the hands of needy children.
About Lincoln Property Company
Lincoln Property Company (LPC) is an international full service real estate firm offering real estate investment, development, design/construction management, leasing and property management/ receivership/asset management services. LPC has approximately 8,000 employees with an international footprint that includes offices in 45 cities across the U.S. and six cities in Europe and South America. Since 1965, LPC has developed more than 128 million square feet of office, industrial and retail projects known for their design, quality and superior locations. It currently has more than 406 million square feet of commercial space under leasing and/or management. Lincoln is also one of the nation’s largest apartment developers, having developed more than 209,000 multifamily units and currently managing more than 165,000 multifamily units.
LPC’s Desert West Region, which includes Arizona, Nevada, Utah and New Mexico, is based in Phoenix and has been operating since 2001. In that time, the regional office has developed or is in the process of developing approximately 4.5 million square feet, acquired more than 4.4 million square feet and manages almost 10 million square feet of commercial space, including major, award-winning and LEED Certified developments and investments. In 2016, the Phoenix office generated a record-breaking year with more than $233 million in investment and development activity. It is consistently ranked among Phoenix’s top commercial real estate firms for both development and property management, and was most recently recognized as an Arizona Republic Top Companies to Work for in Arizona. To learn more about Lincoln Property Company, please visit www.lpc.com or www.lpcphx.com.