Lincoln's New Acquisition Trooper

We got to chat with Scott Moffatt, who just joined the SD office of Lincoln Property Co to focus on the firm’s local acquisition efforts. Scott, who just married his wife Kaitlin in August, is back in San Diego after two years in LA working on his master’s degree at USC and with TA Associates. Scott has quite the commercial real estate pedigree: His father is Colliers VP Ty Moffatt (and his brother Kyle also works under his father at the same firm). Scott says Lincoln is in the market for value-add plays, which could be as simple as sprucing up an existing facility all the way to ground-up development. Currently, the firm is under contract with a two-building, 75k SF office unnamed office project in an off-market transaction. How will he add value here? “Well, we'll be taking two R&D buildings from the '80s and modernizing them,” he says (so long as they keep the parachute pants).

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Diego Newsletters
Related Stories

Taiwan Semiconductor Manufacturing Co. Could Expand In North Texas

TPG, ACORE Raise Billions For Opportunistic CRE Funds

Newmark Cuts Earnings Outlook Despite Record Third Quarter

Battered Mortgage REIT Suspends Dividend To Preserve Cash

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

Morningstar Releases New Details On Over 350K SF In Q3 Office Leases

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Blackstone Mortgage Trust Reports Unexpected Q3 Net Loss

'Distress Is Finally Trading': Investors Chasing Big Discounts On Boston Office

Tyko Capital Sets New Record For Florida's Largest Construction Loan