Lincoln Property Company, based in Dallas, has formed a joint venture with retail investment firm Paragon Commercial Group to focus on institutional retail assets on the West Coast. As part of this partnership, Paragon will serve as Lincoln’s West Coast Retail operator and co-founder Jim Dillavou will assume the role of National Head of Retail Real Estate Investments & Retail Capital Markets. In this position Mr. Dillavou is responsible for unifying Lincoln’s national platform which includes capital markets, acquisitions and development activities as well as occupier and investor leasing services plus third-party property management operations.
Clay Duvall and David Binswanger from Lincoln commented that “this joint venture with Paragon underscores our belief in the growth of the retail sector as it gains popularity with institutional investors at levels we haven’t seen in over a decade.” Mr. Dillavou began his career working for Latham & Watkins where he specialized in real estate finance law matters.
