Lincoln Property Company Lands Management Assignment for Industrial Property in Rex, Georgia

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Lincoln Property Company (Lincoln) announced today that it has been awarded the property management assignment for 9485 Highway 42, a premier industrial distribution center in Rex, Georgia. Lincoln Senior Vice President Shane Froman and Senior Portfolio Manager Industrial Lead, Kim Steward, and Senior Portfolio Manager, Natalie Matteson, will oversee management on behalf of the owner, EverWest Real Estate Investors.

Located along Highway 42 North in Rex, 9485 Highway 42 is a 271,621-square-foot industrial development which includes two Class-A distribution warehouses. The property sits less than a mile from I-675 and offers convenient access to I-75 and I-285. It is also just over 20 miles from the Hartsfield-Jackson International Airport.

The two buildings, spanning 139,878 square feet and 131,462 square feet, feature 32’ clear heights, 72 dock-high, rear-load configuration and a shared truck court. In addition, the buildings offer flexibility to accommodate small-to-midsize, multi-tenant users.

“This well-positioned asset is an ideal addition to our growing portfolio due to its proximity to major transportation routes and its flexibility to meet the needs of a range of user sizes,” said Lincoln’s Froman. “In today’s industry, the ability for a property to adapt to varying tenant needs provides a significant advantage over other assets in the market. Our team at Lincoln is well equipped to continue providing top-of-the-line management to Metro Atlanta’s most premier industrial developments as demand for quality product continues to surge in the region.”

Currently, Lincoln’s portfolio includes roughly 13,877,216 million square feet of industrial assets managed across multiple owners in Metro Atlanta and Savannah. Other prominent industrial properties managed by Lincoln include the 1,514,040-square-foot Goodyear Building in Newnan, Georgia; the 903,145-square-foot Hunder Road industrial complex in Atlanta; and the 482,984-square-foot Horizon Creek industrial complex in Suwanee, Georgia.

About Lincoln Property Company

Dallas-based Lincoln Property Company is one of the nation’s largest diversified commercial real estate companies, with over 8,550 employees and an international footprint that includes offices in 450 cities across the United States and two offices in Europe. Since its inception in 1965, Lincoln has developed over 239 million square feet of office, industrial, and retail projects as well as 216,000 apartment units. Stemming from its development and ownership background, Lincoln’s operating platform seamlessly integrates its various service lines, provides for consistent and measurable performance and utilizes cutting-edge technology over its 400+ million square feet of leased and managed assets.

Contacts
Jessica Dove
jdove@lpc.com