Lincoln Property, New York Life Investment Management form joint venture for $150 million CityNorth Industrial Park redevelopment in Houston

Lincoln formed a joint venture with New York Life Investment Management to acquire Houston’s Greenspoint Mall site. The partners plan a USD 150 million redevelopment into CityNorth Industrial Park across about 80 acres. Project scope includes 1.2 million square feet of cross-dock and rear-load industrial space, with some retail and service uses. Demolition is expected to start in October 2026; first-phase completion targeted for Q1 2028. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lincoln Property Company published the original content used to generate this news brief on September 25, 2026, and is solely responsible for the information contained therein. (C)