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Industrial developer LPC Desert West has not changed its acquisition and expansion strategy this year. At the start of the year, LPC Desert West set out regional expansion plans—which includes acquiring properties in Phoenix, Las Vegas and Salt Lake City—and it hasn’t made any adjustments to those plans. In fact, the firm has seen market drivers accelerate as a result of the pandemic, strengthening its acquisition goals.

“We planned to roll out a regional expansion in 2020, and the pandemic has not changed that.” David Krumwiede, EVP of LPC Desert West. “We have had to operate differently in some ways, like completing initial scouting tours on our phones or having limited time to be in-market and boots-on-the-ground for in-person tours. But overall we’ve been able to move forward without major hurdles.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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