Berkshire Global Advisors acted as financial advisor to Lincoln Property Company
Seller Details:
Founded in 1965, Lincoln Property Company (“Lincoln”) is one of the nation’s largest diversified commercial real estate companies that manages, leases, and develops office, life science, retail, industrial, data center, studio, and mixed-use properties throughout the United States, United Kingdom, and Europe.
Buyer Details:
Stone Point is an investment firm based in Greenwich, CT, with over $45 billion of assets under management. Stone Point targets investments in companies in the global financial services industry and related sectors. The firm invests in a number of alternative asset classes, including private equity through its flagship Trident Funds. Stone Point also manages both liquid and private credit funds and managed accounts. In addition, Stone Point Capital Markets supports the firm, portfolio companies and other clients by providing dedicated financing solutions.
Transaction Summary:
The strategic investment by Stone Point will enable Lincoln to accelerate its national and international expansion, and offer more services to tenants, investors, lenders and owners of commercial real estate. Lincoln remains a closely held company with plans to invest in new infrastructure to better serve its employees and clients, while growing its already significant property portfolio in sectors including industrial, mixed-use, office, retail, production studios, and life sciences. Lincoln also plans to significantly expand its real estate investment management services for leading global institutions, owners, investors and corporate tenants.