Lincoln Closes on 377,529-Square-Foot Industrial Portfolio in Metro Nashville

Nashville, Tenn. – September 11, 2026 — Lincoln Property Company (“Lincoln”), a global, full-service real estate firm, has acquired Park 109, a four-building, 377,529-square-foot industrial portfolio in Lebanon, Tennessee, on behalf of an institutional separate account client. The park sits roughly 30 minutes east of downtown Nashville.

Built in 2022, Park 109 comprises four multi-tenant, shallow-bay distribution buildings on 32.8 acres along Tennessee Highway 109, with direct access to Interstate 40 and Interstate 840 and approximately 20 minutes to Nashville International Airport. The portfolio is 100% leased.

“Park 109 is the kind of asset we want to own on behalf of long-term capital. It’s well located, recently built and acquired below what it would cost to build today,” said Gary Kobus, Senior Managing Director and Co-Head of Logistics at Lincoln Property Company. “Shallow-bay product in this corridor is expensive to replicate and difficult to entitle. That protects our basis going in and gives us real flexibility in how we lease the buildings over time.”

Park 109 sits in a submarket historically dominated by large bulk-distribution facilities. Its shallow-bay configuration suits the smaller suppliers and service providers that support those larger operations, a tenant segment with limited alternatives along the corridor.

“The fundamentals in Nashville continue to justify our conviction,” Kobus said. “Population and employment growth along the I-40 corridor keeps compounding, and the tenant base serving this market keeps deepening. This acquisition takes Lincoln’s Nashville industrial footprint past 2 million square feet, and we are actively looking to expand it further.”

Lincoln’s other recent Nashville industrial activity includes Skybridge 40, a 167,133-square-foot, two-building infill development directly across from Nashville International Airport, and a 497,160-square-foot logistics park now underway. Lincoln will provide property management services for Park 109.

The transaction was led by Gary Kobus, Jacob Emery, Tyler Jones and Lane Baker of Lincoln Property Company.

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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, sports and entertainment, and mixed-use properties, throughout the United States, the United Kingdom, and Europe. Lincoln’s combined management and leasing portfolio on behalf of institutional clients includes more than 720 million square feet of commercial space. For more information, visit: www.lpc.com.