Edits the properties of a selected element, group, symbol, dimension, or annotation. If you select a group of elements, you can edit only the common properties of that group. You can also edit the properties of a border around an inserted object, called a SmartFrame.
Before you can select this command from the shortcut menu, you must locate an element and then right-click.
You can use Tools > Customize to place the Properties button on a toolbar.