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Posted: 3/26/2009 Location: Charlotte, NC - March 26, 2009 - Lincoln Harris CSG recently expanded its real estate property and asset management agreement with HCP, Inc. The expansion includes 24 additional properties, in excess of 1.28 million square feet throughout New Mexico, Oklahoma and Texas. Lincoln Harris CSG currently provides management and leasing services to 60 properties for HCP totaling approximately 3.9 million square feet nationwide.
“We are very excited about the opportunity to expand our current working relationship with HCP. HCP is a valuable client to Lincoln Harris, and we look forward to continuing to work with them in order to meet their ownership goals,” says Rex Lowe, Senior Vice President of Lincoln Harris CSG.
Lincoln Harris CSG, a collective product of Dallas-based Lincoln Property Company (LPC), and Charlotte-based Lincoln Harris, is a full service real estate company dedicated to providing Corporate Services, Development, Project / Construction Management, Asset Management, Property Management and Commercial Brokerage to corporations throughout the country. Along with LPC, Lincoln Harris CSG currently has a portfolio in excess of 150 million square feet and last year completed $3.4 billion in real estate transactions.
HCP, Inc., an S&P 500 company, is a real estate investment trust (REIT) that, together with its consolidated subsidiaries, invests primarily in real estate serving the healthcare industry in the United States. As of December 31, 2008, the Company’s portfolio of properties, excluding assets held for sale but including mortgage loans and properties owned by unconsolidated joint ventures, totaled 694 properties among the following segments: 264 senior housing, 104 life science, 251 medical office, 24 hospital and 51 skilled nursing.
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