Lincoln Property Company’s West Coast unit — led by Los Angeles-based developer David Binswanger — is making moves in Northern California.
Binswanger poached industry veteran Brandon Wang from Kilroy, where he had served as an SVP of investments and development since 2011. In his new role, as an executive vice president based in San Francicso, Wang will oversee LPC’s Northern California operations, including acquisitions, development, asset and property management, and repositioning of existing commercial, retail and mixed-use properties, a company representative told The Real Deal.
He will work alongside John Herr, who has led Lincoln’s work in the region for more than two decades. Most recently, Herr led the effort to develop and reposition two of San Francisco’s iconic buildings, 350 Bush Street and 500 Pine Street.
Lincoln has increased its presence in the Bay Area. Earlier this year, the company was selected to serve as the asset manager of the Transbay Transit Center, a regional transportation hub under construction in Downtown San Francisco. The center, dubbed the “Grand Central Station of the West,” will include over 100,000 square feet of retail space and a 5.4-acre rooftop park.
Binswanger led LPC’s development in Los Angeles for a decade — taking on on projects that included the Runway in Playa Vista, which LPC sold for $475 million last year — before moving up the chain earlier this year to lead the firm’s larger West Coast operations. He has since hired a series of executive vice presidents in all major West Coast markets — Los Angeles, San Diego, Orange County, Seattle-Portland, and now San Francisco.