One of North Texas’ best-known commercial property firms has relocated its headquarters to North Dallas.
Lincoln Property Co. has been in the business since the 1960s, building everything from downtown office towers to suburban apartments. Its new head office will be in its newest development in North Dallas’ Preston Center.
“Lincoln has deep roots in Dallas, with our origins beginning here nearly 60 years ago,” co-CEO Clay 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.”
The legacy real estate firm has had its headquarters in Dallas’ Uptown district since 2007. Its new digs are at 8111 Douglas Ave.
The 13-story high-rise is in a two-tower development Lincoln started in 2021 on the east side of the Dallas North Tollway. The project includes 225,000 square feet of offices and 128 luxury multifamily units in an adjoining high-rise. The land is owned by St. Michael and All Angels Episcopal Church.
Dallas’ Sewell Automotive Cos. is also a major tenant in the office project, which was designed by Dallas architect HKS. The development includes indoor and outdoor fitness space, a ground-floor park and an amenity deck with pickleball and bocce ball courts and a putting green.
“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,” Lincoln co-CEO David Binswanger said. “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.”
Lincoln, which has 35 offices in the U.S. and Europe, acquired and developed more than $24 billion and 62 million square feet of commercial projects since 2018. It has built some of Dallas’ best-known projects, including downtown’s Ross Tower and the Lincoln Centre complex on LBJ Freeway.
In March, Lincoln sold ownership of its Dallas-based apartment division to Canada-based Cadillac Fairview.