Lincoln Property Company Expands Partnership with Agellan

HOUSTON (Nov. 24, 2025) — Lincoln Property Company announced it has expanded its national partnership with Agellan Commercial REIT, assuming property management responsibilities for 12 Houston-area properties totaling 1.52 million square feet and encompassing a mix of industrial, office and flex space.

The new assignment follows Lincoln’s transition of Agellan’s Chicago portfolio earlier this year, which set the foundation for a seamless expansion of the relationship into one of the nation’s most dynamic industrial markets.

“The success of our Chicago transition proved how well our teams align on operations, communication and tenant experience,” said Kevin Wyatt, Executive Vice President, Lincoln Property Company. “Extending that model to Houston reinforces Lincoln’s ability to manage complex, multi-market portfolios and deliver consistency, quality and responsiveness for ownership groups and tenants alike.”

The 12-property Houston portfolio is located across key submarkets including the North Sam Houston Parkway, South Loop Freeway and Northwest Houston, representing a diverse and well-positioned collection of flex, light industrial and low-rise office assets.

“Lincoln has shown exceptional capability in both execution and partnership,” said Jeff Thompson, Vice President Asset Management, Agellan. “Their proven track record, attention to detail and commitment to operational excellence made the decision to expand our relationship to Houston an easy one.”

Under Lincoln’s management, Agellan’s Houston properties will benefit from institutional-level operations tailored to local market conditions, proactive tenant engagement that enhances retention and satisfaction, and streamlined reporting and oversight through Lincoln’s national management platform. The company’s sustainability initiatives and preventive maintenance programs further strengthen long-term asset performance and tenant experience.

About Lincoln Property Company

Lincoln Property Company (“Lincoln”) is one of the largest private real estate firms in the United States. Offering a fully integrated platform of real estate services and innovative solutions to owners, investors, lenders and occupiers, Lincoln supports the entire real estate lifecycle across asset types, including office, multifamily, life science, retail, industrial, data center, production studio, healthcare, government, universities and mixed-use properties throughout the United States, United Kingdom and Europe. Lincoln’s combined management and leasing portfolio on behalf of institutional clients includes more than 680 million square feet of commercial space. For more information, visit: www.lpc.com.

About Agellan

Agellan is a leading commercial real estate investment firm with a focus on industrial assets in major markets across the United States. The company’s in-depth industry expertise helps build lasting value and reliable returns for its stakeholders. With a portfolio of 6.5sf portfolio across 9 different states, Agellan has a focus on operational excellence and long-term value creation.