CBRE has been appointed by Lincoln Rackhouse to manage data center operations for a recently acquired one million-sq.-ft. data center portfolio.
Lincoln Rackhouse, the data center division of Lincoln Property Co., has established a prominent national mission-critical real estate platform, acquiring or developing 10 new facilities since 2016, including a significant presence in several top U.S. data center markets. The recently-added portfolio consists of three data center campuses located in Dallas, Phoenix and Kansas City, Missouri, and was acquired from a Fortune 500 institution. Lincoln Rackhouse plans to invest additional funds into upgrading and retrofitting the remaining capacity and facilities for multi-tenant use.
Lincoln Rackhouse selected CBRE for its market-leading integrated data center services. CBRE will manage the data centers’ daily operations, preventative maintenance, and capital projects.
“We are excited to work with Lincoln Rackhouse in supporting its goal of providing unparalleled service and expertise to their clients. This partnership solidifies the great relationship that our team has with Lincoln Rackhouse,” said Greg Young, senior managing director, CBRE’s Data Center Solutions, Americas.
“CBRE’s Data Center Solutions team displayed a significant depth of knowledge and expertise in mission-critical facilities management as we developed our strategic operational strategy for this portfolio going-forward. The many synergies between our two groups were apparent, and we look forward to the continued partnership as we expand our platform,” said Ryan Sullivan, managing director of Lincoln Rackhouse.