Lincoln Property Co. has made a strategic investment in the operating business of Dallas-based Centennial, a national retail real estate owner and operator. The partnership provides Centennial with the capital and resources to accelerate its national expansion while positioning Lincoln for new mixed-use development opportunities.
Founded in 1997, Centennial operates more than 23 million square feet of retail and mixed-use properties in premier markets across 18 states. The company has approximately 300 employees nationwide, including a team of property-repositioning and redevelopment experts that creates value for its partners and clients.
“Our companies have collaborated on several joint ventures over the last decade, and throughout our engagements, we have seen that Lincoln shares our vision for the future of retail real estate,” said Steven Levin, founder and CEO of Centennial. “By combining Centennial’s retail expertise with Lincoln’s experience in office