Lincoln Property Company and Faropoint Break Ground on Swisher Business Center in Lake Dallas

Lake Dallas, TX (October 21, 2025) – Lincoln Property Company and Faropoint have officially broken ground on Swisher Business Center, a 122,368-square-foot Class A light industrial development located at 250 Swisher Road in Lake Dallas, Texas, just north of Lake Lewisville. Situated on 7.88 acres with immediate access to I-35E, the new development will deliver in May 2026, bringing modern, functional industrial space to one of North Texas’ fastest-growing corridors.

“Swisher Business Center will be a great addition to Lake Dallas and the broader Northwest Dallas submarket,” said Michael Peinado, Senior Vice President at Lincoln Property Company. “Light industrial, rear-load buildings with generous truck courts, strong parking ratios and high clear heights offer a great opportunity to meet current market demand particularly in submarkets where available supply is less functional. With the area’s population growth and accessibility to both Denton and Collin counties, two of the fastest growing in the U.S., we expect strong leasing momentum.”

Designed as a rear-load, multi-tenant building, Swisher Business Center will feature 32-foot clear heights, 22 dock-high doors, two ramped doors, four dock packages, R25 roof insulation, and ample parking for 96 cars and 12 trailers. The site will also benefit from a new traffic light at Briar Oaks and Swisher Road, improving access and circulation for tenants and distribution traffic alike.

Faropoint, Lincoln’s joint venture partner on the project, emphasized the strategic importance of the development in the regional logistics network.

“This development aligns with our strategy of identifying high-value opportunities in supply-constrained markets with strong population growth,” said Ohad Porat, Chief Investment Officer at Faropoint. “The Dallas-Fort Worth metroplex offers compelling industrial fundamentals, and this project’s favorable land basis and strategic location position it to potentially generate attractive risk-adjusted returns for our investors.”

Jacob Rich, Texas Market Officer at Faropoint, adds, ” With thin supply in the Lake Dallas-Lewisville area, direct I-35 access, and proximity to two of the fastest-growing counties in the U.S., Swisher Business Center is perfectly positioned to serve the rapidly growing demand for newly constructed shallow-bay warehouses throughout North Texas. We’re pleased to partner with Lincoln Property Company on this strategic development.”

Leasing for Swisher Business Center is being handled by Michael Peinado, Tom Kuhlmann and Gil Stroube with Lincoln Property Company.

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 Faropoint

Faropoint is a tech-enabled, vertically integrated real estate investment manager specializing in urban logistics within the US industrial sector. With approximately 120 employees, Faropoint leverages data and deep market relationships to address inefficiencies in the industrial real estate market. The firm operates in 16 key US markets, securing off-market deals through its extensive broker network and strong local presence. Since its inception in 2012, Faropoint has acquired over 500 warehouses, representing more than $3.5 billion in industrial real estate assets. For more information, visit Faropoint.com. For inquiries or to learn more about Faropoint’s investment strategies, please contact Ori Regev, SVP, Head of Product Marketing, at ori@faropoint.com.