DALLAS–(BUSINESS WIRE)–Lincoln Property Company, a global, full-service real estate firm, announced that Ryan Sullivan has joined the company as Executive Vice President and National Data Center Group Leader, overseeing Data Center Investments and Capital Markets.
In this new role, Mr. Sullivan will be responsible for broadening the firm’s data center offering, by partnering with Lincoln’s national commercial and industrial platforms to identify and execute on data center opportunities across the country, including new investments, development, leasing and third-party services for institutional investors, data center operators and end users. He will also partner with Lincoln’s Investment Management team to source investment capital for data center opportunities.
Mr. Sullivan succeeds Martin Peck in leading Lincoln’s Data Center business. Mr. Peck, who founded the practice 15 years ago, will continue to serve as an advisor supporting both Lincoln’s legacy data center assets and the transition of the data center platform leadership to Mr. Sullivan.
Mr. Sullivan has extensive data center investment, development and leasing experience and joins Lincoln from GI Partners, where he led the firm’s real estate development activities, as Director of Investments and Head of Development.
“We have never seen a time of such demand for data center solutions and operators and end users are taking down large, powered sites all across the country. Most institutional real estate capital sources are demanding immediate exposure in the sector, creating a special opportunity to expand Lincoln’s business into new markets while supporting this wave of development by bringing those two parties together. I couldn’t be more excited to rejoin Lincoln and deploy its top-of-the-line platform to support the entire lifecycle of our clients’ digital infrastructure needs,” said Mr. Sullivan.
“We expect strong tenant demand to continue for the foreseeable future as organizations embrace AI and continue to digitally transform their businesses. As a result, vacancy rates are expected to remain near all-time lows, further driving the need for new development in both established and emerging data center markets across the country,” he added.
Prior to joining GI Partners, Mr. Sullivan led investment and portfolio management at Landmark Dividend’s Digital Infrastructure Division, prior to its acquisition by Digital Bridge. From 2015 to 2020, Mr. Sullivan oversaw all investment, leasing and development activities for Lincoln’s Data Center business, formerly known as Lincoln Rackhouse. Earlier, he served in development, leasing and portfolio management roles at Digital Realty. He received a B.B.A. in Real Estate from the University of North Texas.
“With AI and machine learning driving data center and power demand and investor interest in the sector to unprecedented levels, now is the time to build on the strong foundation of our existing data center business, and Ryan is the perfect leader to take us to the next level, said Clay Duvall, co-Chief Executive Officer, Lincoln. “He is highly respected and connected in an industry that is increasingly global and we look forward to working with him to advance our full-service data center strategy.”
Lincoln’s Data Center practice specializes in data center investments, site selection, development, leasing and operations. With its growing international data center asset and development portfolio, Lincoln continues to scale to meet the rapidly expanding needs of today’s hyperscale, enterprise, telecom, and colocation customers and end users.
John Greenwood and Brent Streetman, two leading experts within Lincoln’s national Data Center group, will directly report to Mr. Sullivan, who is based in Dallas.
About Lincoln Property Company
Lincoln Property Company (“Lincoln”) is one of the largest diversified real estate services companies with 35 offices across the United States, the United Kingdom and Europe. Offering a comprehensive suite of real estate solutions, Lincoln manages, leases, develops, and provides advisory services to owners and occupiers of office, life science, retail, industrial, data center, production studio, and mixed-used properties. Lincoln’s combined management and leasing portfolio on behalf of institutional clients includes approximately 500 million square feet of commercial space. In addition to providing third party real estate services, Lincoln, which was founded in 1965, has principally acquired and developed more than $24 billion and 62 million square feet of commercial projects since 2018. For more information, visit: www.lpc.com.