“This joint venture with Paragon underscores our belief in the growth of the retail sector as it gains popularity with institutional investors at levels we haven’t seen in over a decade,” Lincoln co-CEO Clay Duvall said in a statement.
Founded in 1965 as a partnership between Dallas developers Trammell Crow and Mack Pogue, Lincoln Property built tens of thousands of apartments in North Texas and nationwide. The commercial property company’s operations include leasing, development and investment in office, life science, retail, industrial, data center, production studio and mixed-used properties throughout the United States, United Kingdom and Europe.