The Libitzky Property Companies (Libitzky Management Corporation, Libitzky Development Corporation and Libitzky Holdings, L.P), founded in 1976, specialize in the operation and rehabilitation of large industrial and office projects. The LPC portfolio is comprised of various property types ranging from business parks in Austin, Texas to large industrial parks in Northern California and office projects in the San Francisco Bay Area. LPC has redeveloped over 50 projects totaling more than 6,000,000 square feet of investment real estate. The company seeks "value added" situations. These include properties with functional or environmental problems. The LPC portfolio consists of nearly 5,000,000 square feet of property.