Lincoln Property Company welcomes La Madeline, Serafina Coffee & Monroe’s
PHOENIX, ARIZ. – There is a new level of energy at Lincoln Property Company’s (LPC) Luhrs City Center this summer, where two restaurants have celebrated their grand openings at the historic downtown Phoenix mixed-use tower and another new restaurant concept has committed to space.
La Madeline Country French Café and Serafina Coffee Bar are now open and operational within the building’s fully renovated ground floor. This month, Monroe’s Chicken – a new restaurant concept offering organic cage-free chicken breast sandwiches and Southern side dishes – has also committed to a ground-floor lease.
The restaurants join nationally renowned and award-winning Bitter & Twisted Cocktail Parlour, also located in ground floor space at Luhrs City Center.
“Downtown Phoenix is expanding so quickly and dynamically,” said Lincoln Property Company Director of Real Estate John Orsak. “Being able to contribute to that growth with the office and retail renovations at Luhrs – and now with our restaurant openings – is gratifying. It adds energy for our tenants and those who live and work in the Luhrs neighborhood.”
According to Downtown Phoenix Inc., the downtown submarket is home to more than 195,000 employees benefiting from more than $5.5 billion in real estate, transportation, education and related investment since 2005.
This includes the activity at Luhrs City Center, where LPC has restored the building to its original red brick interiors and exposed beams, created 15,995 square feet of fully renovated ground floor restaurant and retail space, added streetscape improvements, returned the Luhrs garage to Class A institutional quality and modernized plumbing, electrical, elevator and HVAC systems.
The work earned Luhrs City Center a “2017 Redevelopment Project of the Year” award from the Arizona Chapter of the National Association of Industrial and Office Properties (NAIOP).
“Being a part of the downtown culture, we understand the challenges of the lunchtime rush firsthand,” said Jessica Allen, Property Manager for Lincoln Property Company at Luhrs City Center. “Our new amenities bring new options to the area, with quick, quality menu items from Sarafina and La Madeline favorites that can be enjoyed as dine-in, to go or via two grab-and-go coolers that are packed with salads, sandwiches, proteins and juices.”
“Hot chicken has become one of the most popular national food trends of the last few years,” added Allen. “We’re proud to bring that trend to downtown Phoenix with the addition of Monroe’s Chicken.”
On the ground floor, La Madeleine has signed a 10-year lease as part of a major franchise expansion effort and Serafina Coffee Bar owner Damian Serafine has expanded his popular Phoenix coffee footprint with a new location. Monroe’s Hot Chicken will join Luhrs City Center in December with the first-ever location for the new food concept.
Together, these restaurants will occupy more than 6,054 square feet of restaurant/retail space at Luhrs City Center, leaving approximately 9,800 square feet of ground floor space available for lease.
Originally delivered in the 1920s, Luhrs City Center is a National Historic Landmark located at the southwest corner of 1st Avenue and Jefferson Street, in the heart of downtown Phoenix. The mixed-use project includes 157,735 square feet in two office towers, a ground floor retail component and on-site parking garage. Luhrs City Center sits within a city block that includes direct Phoenix Light Rail access, the nationally renowned Bitter & Twisted Cocktail Parlour and the 19-story Marriott Phoenix Downtown hotel.
LPC manages Luhrs City Center as part of the firm’s almost 10 million-square-foot Phoenix property management portfolio.
For more on Luhrs City Center, visit the property website at www.luhrscitycenter.com.
To discuss leasing, investment or property management opportunities with Lincoln Property Company in the Desert West region, please call David Krumwiede or John Orsak at (602) 912-8888.
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 7,300 employees and maintains a presence in more than 200 U.S. cities and 12 countries throughout Europe. Since 1965, LPC has developed more than 132 million square feet of office, industrial and retail projects known for their design, quality and superior locations. It currently manages more than 236 million square feet of commercial space. Lincoln is also one of the nation’s largest apartment developers, having developed more than 212,000 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 more than 3 million square feet, acquired 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.