Lincoln Acquires Bellegrave Business Park in Southern California

JURUPA VALLEY, Calif. - SEPTEMBER 23, 2026- Lincoln Property Company ("Lincoln"), a global, full-service real estate firm, is pleased to announce that it has acquired Bellegrave Business Park, a six-building, 326,885-square-foot industrial park located at 10290-10317 Birtcher Drive in Jurupa Valley, California, as part of its continued expansion in high-barrier U.S. logistics markets.

Bellgrave Business Park was acquired on behalf of one of Lincoln's separate account clients.

Situated in the Inland Empire West, one of Southern California's key industrial markets, Bellegrave Business Park offers modern mid-bay industrial space in a highly accessible location. The property is near Interstates 10 and 15 and State Route 60, as well as Ontario International Airport, providing convenient access to major transportation routes throughout Southern California. Demand for mid-bay industrial space of this size remains strong in the Inland Empire West, while most new development in the market has focused on larger facilities.

"Bellegrave Business Park fits squarely within our strategy of acquiring functional, well-located logistics product in supply-constrained markets where we can create long-term value," said Sean Perrier, Vice President, Industrial Acquisitions at Lincoln. "The park gives us meaningful scale in the Inland Empire West and exposure to the mid-bay freestanding segment, where limited new supply continues to meet deep, durable user demand."

Bellegrave Business Park spans approximately 18.5 acres and comprises six standalone industrial buildings ranging from approximately 35,000 to 72,000 square feet, averaging approximately 54,500 square feet. Built in 2009, the property is currently 100% leased to six tenants with a weighted average lease term of approximately 1.9 years. Each building includes secure loading and yard areas and can be combined to accommodate evolving tenant requirements.

"Bellegrave Business Park is well positioned within one of Southern California's important industrial markets," said Rob Kane, Senior Executive Vice President at Lincoln. "Its combination of standalone buildings, private yards and flexible loading configurations creates a highly functional offering for tenants, and we believe those characteristics will continue to differentiate the property over the long term."

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, higher education, sports and entertainment, and mixed-use properties, throughout the United States, the 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.