Lincoln Buys Four Southland Business Parks

Lincoln Property Co. of Irvine has purchased four Southland business parks from a New York investment partnership in a package deal worth $30 million.

The four parks contain a total of 465,000 square feet of industrial space. Three of the parks--Lakeview Business Center, Canyon Commerce Center and Tustin Avenue Business Park--are in Anaheim. The fourth, Seaview Business Park, is in Costa Mesa.

The Orange office of Coldwell Banker Commercial Real Estate Services and the Irvine office of CIP represented Lincoln in the transaction. Cowan & Associates of New York represented the sellers.

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