Real Estate
Lincoln Property Company and Long Wharf Capital have acquired a Glendale, California-based eight-story office tower. No financial terms were disclosed. LOS ANGELES–(BUSINESS WIRE)–Lincoln Property Company and partner Long Wharf Capital have acquired 520 N. Central Avenue, an 8-story office building in the heart of Glendale’s downtown area, with plans to renovate and reposition the property over the next several months. The renovation is being led by LPC West—Lincoln Property Company’s West Coast arm which recently announced a significant expansion of its operation. The 96,140 square-foot Glendale office tower was constructed in 1985, and is currently home to tenants including North...