Lincoln Property Company, a global full-service real estate firm that’s been a Dallas institution since 1965, has unveiled its new headquarters within a gleaming new project developed with Lincoln at the helm.
The new mixed-use development, 8111 Douglas, was completed this year and includes two 13-story towers. Lincoln’s new HQ is in the office tower, which provides 225,000 square feet of Class A office and retail space. The adjacent, connected residential tower contains 128 luxury apartments averaging 1,400 square feet.
Amenities include a penthouse meeting space with panoramic city views, an on-site gym, and a pickleball court.
The move comes several months after Lincoln Property Co. sold its residential division to Ontario, Canada-based Cadillac Fairview. One of the largest multifamily operators in the U.S., that former division continues to be headquartered in Dallas. Just this week, it rebranded to Willow Bridge Property Company.
Move is part of Lincoln’s growth and succession plan
Lincoln Property Company’s new global HQ at 8111 Douglas [Photo via Lincoln]
Lincoln said its HQ move is part of a growth and succession plan being overseen by Clay Duvall and David Binswanger, who were appointed as co-CEOs in February along with a strategic investment from Stone Point Capital.
“Lincoln has deep roots in Dallas, with our origins beginning here nearly 60 years ago,” Duvall said in a statement. “The city is quickly becoming the epicenter of the U.S. economy due to its strong business environment and cost of living, and we’re proud to continue to build on Lincoln’s deep legacy in Dallas for years to come.”
Lincoln Property Co. is moving to the shiny new digs from its former HQ at 2000 McKinney in Uptown Dallas, which it had called home since 2007.
Lincoln Property Company’s new global HQ at 8111 Douglas [Photo via Lincoln]
A ground-floor park, a putting green, indoor & outdoor fitness, and more
Additional amenities at 8111 Douglas for office tenants and residents include indoor and outdoor fitness space, a ground-floor park, and an “amenity deck” that features pickleball and bocce ball courts, a putting green,”and other recreational offerings.”
“As a real estate services company dedicated to providing our clients with best-in-class spaces, we are thrilled to create a modern workplace experience for our own employees,” Binswanger said in a statement. “Our new home in 8111 Douglas provides the dynamic workspace that is designed to enhance our collaborative and entrepreneurial culture and attract high-caliber talent that will be additive to Lincoln’s vision and growth plan.”
Counting its new Dallas HQ, Lincoln operates 35 offices across the U.S. and Europe. Its combined management and leasing portfolio on behalf of institutional clients includes almost 500 million square feet of commercial space, the company says, with Lincoln principally acquiring and developing more than $24 billion and 62 million square feet of commercial projects since 2018.
More looks at Lincoln’s new global HQ
Lincoln Property Company’s new global HQ at 8111 Douglas [Photo via Lincoln]
Booth seating at Lincoln Property Company’s new global HQ at 8111 Douglas [Photo via Lincoln]
Lincoln Property Company’s new global HQ at 8111 Douglas [Photo via Lincoln]
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Lincoln Property's Residential Division Rebrands as Willow Bridge Following Its February Acquisition
The move comes after the Dallas-based company was acquired in February by Toronto's Cadillac Fairview. "Since Mack Pogue founded the company in 1965, the willow tree has been a part of our culture," noted CEO Duncan Osborne. "It was only fitting that this symbol of growth, strength and perseverance guides us as we embark on our next chapter."
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Lincoln Residential will continue to be headquartered in Dallas, a spokesperson told Dallas Innovates. As part of the acquisition, Duncan Osborne will succeed long-time CEO Tim Byrne, who is retiring.
