Link in to Lincoln: March Update on the South

As the first quarter nears its close, the employment outlook in the South continues to be a positive one. Twenty-one percent of Southern employers say they will increase staffing levels in the second quarter, while only 4 percent indicate they will reduce employee headcount, according to a new survey from ManpowerGroup. Those numbers have remained… Read more »

Lincoln Completes Acquisition of Navarro Discount Pharmacy’s South Florida Distribution Center

On behalf of a large pension-fund client, Lincoln Property Company has purchased a 275,480-square-foot industrial building in South Florida that serves as a distribution center for the Navarro Discount Pharmacy chain. NDC Properties, LLC was the seller. The acquisition price was not disclosed. Lincoln will manage the property. The distribution center, located at 9400 NW… Read more »

Lincoln-Led Joint Venture Breaks Ground on Class A Industrial Building in Miami

A joint venture between Lincoln Property Company and a real estate fund advised by Crow Holdings Capital Partners has broken ground on Turnpike Park, a Class A, 136,500-square-foot industrial building in Miami’s Medley submarket. Completion of the front-load, shallow-bay facility is slated for second-quarter 2015. Americas Industrial Realty Corp. will lease the building, which is… Read more »

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