Lincoln Logistics Fund II Announces $280 Million Cornerstone Close

Business Wire

Lincoln Property Company (“Lincoln”), a global, full-service real estate firm with more than $31 billion of assets under management as of December 31, 2025, is pleased to announce the cornerstone close of Lincoln Logistics Fund II (the “Fund”). Lincoln raised $280 million in capital commitments, representing nearly one-third of the Fund’s $1 billion target. This milestone reflects significant support from two of Lincoln’s longstanding investors, U.S. public pension plans, alongside Lincoln’s majority owner, Stone Point Capital LLC (“Stone Point”), and Lincoln employees. We believe the strong early support in the fundraise reflects the deep, longstanding partnerships Lincoln has developed throughout its 25-year logistics track record.

The cornerstone close signals strong conviction from long-term institutional partners and underscores the depth of Lincoln’s investor relationships developed over its 25-year logistics investment track record. The early support positions the Fund for continued fundraising momentum as Lincoln advances toward its next close.

“We are delighted to have the support of two of Lincoln’s longstanding relationships in this cornerstone close,” said David Binswanger, Co-Chief Executive Officer, Lincoln. “These U.S. public pension plans have invested with us for over a decade, one for over 25 years, and we are honored that they are early supporters of the Fund.”

The Fund will continue to pursue the same successful enhanced value strategy that Lincoln has employed since 2001, primarily targeting last mile/multi-tenant investments across the U.S. The Fund will leverage Lincoln’s extensive market knowledge and the on‑the‑ground expertise of its local market leaders across 35 offices—together with the firm’s network built over the past 60 years—to source and identify attractive opportunities across its target U.S. markets.

“The size and caliber of the Fund’s cornerstone close is testament to the long-term institutional relationships Lincoln has nurtured and delivered during the past 25 years,” said Chuck Davis, Chairman and Co-CEO, Stone Point Capital. “We believe Lincoln’s track record across market cycles, underpinned by a seasoned and stable senior team, really distinguishes the company in the market. We are proud to be a part of Lincoln’s success as it continues to build a differentiated platform with deep sector knowledge.”

“We are grateful for the conviction shown by our investors at this initial close and are energized by the current pipeline of opportunities for the Fund,” said Gary Kobus, Co-Head of Logistics, Senior Managing Director, Lincoln. “We will be taking full advantage of our on-the-ground market knowledge across the U.S. to seek to generate value for our investors as we deploy this capital.”

About Lincoln Property Company

Lincoln Property Company (“Lincoln”) is one of the largest private real estate firms in the United States. Offering a fully integrated platform of real estate services and innovative solutions to owners, investors, lenders and occupiers, Lincoln supports the entire real estate lifecycle across asset types, including office, multifamily, life science, retail, industrial, data center, production studio, healthcare, government, universities, and mixed-use properties, throughout the United States, United Kingdom, and Europe. Lincoln’s combined management and leasing portfolio on behalf of institutional clients includes more than 720 million square feet of commercial space. For more information, visit: www.lpc.com.