Lincoln Property Company announced Monday that it had acquired RiverRock Real Estate Group, an Irvine, CA-based property and asset management firm. The acquisition adds more than 50 million square feet to Lincoln’s property management portfolio and expands its integrated service delivery capabilities to third-party institutional clients across office, retail and industrial sectors.
RiverRock provides third-party management services throughout California and Arizona. Founding partner John Combs invested in Lincoln while also serving as a key executive on the company’s leadership team.
Combs stated “I founded RiverRock in 2003 with the goal of providing a better solution for clients by embracing customer service, technology, training and pricing ideas.” He added “I am honored to embark on this new opportunity with Lincoln’s leadership team to redefine best-in-class service at local, national and global levels.”
This marks the first acquisition since February when Lincoln revealed their growth plan along with succession plans for their organization .
