LINCOLN PROPERTY, OAKTREE-MANAGED FUND BUY CAMELBACK EXECUTIVE PARK

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PHOENIX The 172,690-square-foot Camelback Executive Park has been purchased by Lincoln Property Company and a subsidiary of a real estate fund managed by Oaktree Capital Management, L.P. The three-story building is located at 6991 E. Camelback Rd. in Scottsdale, AZ. Lincoln Property will act as the property and construction manager for Camelback Executive Park. CBRE's Barry Gabel, Mindy Korth, Jim Fijan and Jerry Roberts handled the transaction. CBRE's Jerry Roberts and Corey Hawley will be in charge of new tenant leasing for the property.

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