Lincoln Property and DRA Advisors Acquire 299,000-Square-Foot Portland Industrial Portfolio

Lincoln Property Company and DRA Advisors acquired a five-building industrial portfolio in Portland, Oregon, totaling approximately 299,000 square feet, in a transaction announced October 16, 2026. The future of trading reported the acquisition, which was announced by Lincoln Property Company on October 23, 2026.

Lincoln and DRA's Portland Industrial Purchase

Lincoln Property Company is a private US commercial real estate firm founded in 1960 and headquartered in Dallas, providing build, lease, manage, invest, and advisory services. DRA Advisors is a real estate investment manager.

The portfolio spans two industrial parks. Kittridge Distribution Center comprises three buildings totaling 103,000 square feet in Northwest Portland. Columbia Corporate Park consists of two buildings totaling 196,000 square feet in East Portland.

The portfolio is 100% leased to eight tenants. The announcement did not state the purchase price, how the transaction was paid for, or any expected closing date.

DRA Advisors acquired a stake in a fully leased office tower along Manhattan's Sixth Avenue corridor, Costar reported on October 2, 2026, without details on the stake's size or the tower's location.

Lincoln Property's Recent Deal Activity

According to akta.pro company records, Lincoln Property Company announced a $280 million cornerstone close for Lincoln Logistics Fund II in May 2026, representing nearly one-third of the fund's $1 billion target, with commitments from U.S. public pension plans, Stone Point Capital, and Lincoln employees. The same records list assets under management of over $31 billion as of December 31, 2025, and a combined management and leasing portfolio of more than 720 million square feet on behalf of institutional clients.

Earlier Lincoln Property Transactions

Lincoln Property Co. acquired Bellegrave Business Park, a 326,885-square-foot mid-bay industrial campus in Jurupa Valley, Calif., on behalf of a client, CommercialSearch reported in September 2026. The property is fully leased to six tenants with a weighted average lease term of about 1.9 years.

Lincoln Property Co. sold the final two buildings of its Park303 industrial development in Phoenix for $170.25 million, Costar reported in August 2026, ending the complex's multi-year development cycle.

Lincoln Property Co. is redeveloping Greenspoint Mall into a 1.2 million-square-foot industrial park, American City Business Journals reported in September 2026.