Lincoln Property Company is one of the largest diversified real estate firms in the US, with development and investment properties in more than 200 cities. The company began by building garden apartments in the Southwest, then expanded into commercial and retail projects. It owns, leases, and manages approximately 300 residential communities consisting of more than 140,000 units throughout the US. Its commercial division provides third-party management and leasing services for office, industrial, retail, and mixed-use properties. Also one of the largest developers and managers of military housing, Lincoln Property operates this part of its business through arrangements with the US Army, Navy, and Marines.
Lincoln Property Company operates its business primarily in the US, developing properties in 200-plus cities. Through a partnership with AIG established in 1997, the real estate firm boasts a global reach to regions the likes of Central and Eastern Europe and Western Europe. The alliance maintains offices in the Czech Republic, Germany, Hungary, Italy, Poland, Romania, Russia, Slovakia, and Spain.
As part of its operations, Lincoln Property Company has developed more than 182,000 multi-family residential units. Some 70% of its apartment management portfolio comprises fee management accounts for third party investors. Its properties include New Jersey's 9 Entin Road Parsippany, Phoenix's Paradise Village Office Park, Scottsdale's Camelback Square, and Lincoln Legacy One located in Plano, Texas.
The company's AIG/Lincoln unit manages about 16 million sq. ft. of office, industrial, retail, residential, and entertainment property across Europe. The group, as of 2012, had in developed or was in the process of developing more than 50 projects, totaling more than 27 million sq. ft. of real estate. Besides development, AIG/Lincoln manages properties it has developed and those developed by others.
Its Lincoln Advisory Group serves institutional investors looking to buy or invest in properties. Lincoln Harris CSG, its corporate services arm, performs client representation, as well as workplace, construction, and project management services.
Sales and Marketing
Texas is its largest market by far, but Lincoln Property Company also has concentrations in Florida, Georgia, Illinois, and Pennsylvania.
CEO Mack Pogue co-founded Lincoln Property in 1965 with real estate tycoon Trammell Crow, whose stake Pogue bought out in 1977. – less