SEATTLE, Jan. 15, 2019 (GLOBE NEWSWIRE) -- Lincoln Property Company, the second largest multifamily manager and fifth largest multifamily developer in the United States has expanded into the Seattle market with the introduction of their newest development, Parkside by Lincoln Property Company. Parkside, a 664 unit mid-rise neighboring Microsoft headquarters in Redmond, will provide convenient and high-end living close to major employers, lakes, bike trails and wine country, with just a short commute to downtown Seattle. Located in the expanding Esterra Park community of the Overlake submarket, Parkside by Lincoln Property Company will offer studio, one and two bedroom floor plans. Expected delivery of first units is May 2019 with preleasing beginning in early spring. Parkside will deliver its buildings in three phases.
Lincoln Property Company manages over 190,000 units across the U.S. and this development will expand their market reach into the Pacific Northwest. Scott Wilder, Executive Vice President of Residential Management shared, “We're looking forward to entering the Seattle market with Parkside by Lincoln Property Company. The Pacific Northwest, specifically Seattle, has continued to show steady rent growth, a dynamic economy, and strong employment opportunities, making us confident expanding to this critical market.”
Parkside will offer amenities aimed at those looking for adventure, with conveniences including extensive bike storage, ski lockers, yoga and motion studio, fitness center, expansive gardens, rooftop deck with views of downtown, game room, and communal work lounges with Wi-Fi and beverage service. The community also will cater to the tech-loving area with impressive high-speed internet for gaming and programming alike. Interior finishes will feature exceptional modern kitchens with quartz countertops featuring contemporary tile backsplash, refined wood style plank flooring, upgraded kitchen cabinets, and Whirlpool stainless steel appliances.
About Lincoln Property Company
Lincoln Property Company was founded in 1965 as a builder and operator of high-quality residential communities. In the early 1970's, Lincoln expanded its product mix to include commercial, build-to-suit, office, hotel, industrial, and other mixed-use assets. In 1972, Lincoln took this expertise within the United States to Western Europe and the Middle East.
In 2001, Lincoln joined forces with the U.S. Department of Defense to renovate and redevelop family housing at selected bases for the Navy, the Marine Corps, and the Army. Through innovative management, property rehabilitation and award-winning new construction designs, Lincoln is now one of the largest operators of military housing in the country.
Headquartered in Dallas, TX, Lincoln focuses on real estate investment, construction and development, in addition to property management. Their national reputation has enabled Lincoln to attract a large client base of owners and investors who count on their ability to deliver quality results and continually serve as a market leader.
For more information about Lincoln Property Company, please visit https://www.lincolnapts.com/about/client-services or visit https://www.lincolnapts.com/communities for apartment listings in your area.
Media Contact:
Sheri Sandefur Killingsworth, Vice President - Marketing & Communications
214-740-3300 | corporate@lpsi.com
SOURCE Lincoln Property Company