In the transaction, IBM was represented by J. Douglas Petrozzini of Grubb & Ellis, while Lincoln Equities was represented in-house by Robert Fisher and Susan Lulla.
Lincoln Equities currently operates a commercial portfolio of more than 2.25 million sf of class A office space and one million sf of industrial space. The company has recently been active in the marketplace, closing several major investment transactions with such institutional partners as Investcorp and Crow Holdings.
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