Dallas-based landlord Lincoln Property Co. has acquired Irvine-based property and asset management firm RiverRock Real Estate Group Inc. for an undisclosed price.
The combined company will become the third-largest commercial property manager in Orange County, with a portfolio of roughly 17 million square feet in rentable square feet locally, and north of 100 million square feet companywide.
RiverRock founder John Combs is now executive vice president of Lincoln Property Co. (LPC), which is expected to retain RiverRock’s 23 offices and 140 employees as part of the deal.
For more details, see the July 10 print edition of the Business Journal.
