James G. Stein joined Lincoln Property Company in 2002 as a Senior Vice President in the firm’s New York office. Mr. Stein is responsible for all activities in the New York Region including property acquisition, leasing, property management & asset management. As a real estate professional since 1989, his career has encompassed a variety of disciplines including purchase & sales, tenant & landlord brokerage, real estate finance & commercial loan workouts.
Mr. Stein’s present investment focus at Lincoln Property Co. is on value-add, opportunistic & development deals with joint venture partners. His most recent concentration has led to several successful New York City property repositions including: 95 Morton St. in Hudson Square; 625 Broadway & 700 Broadway in SoHo; 250 West 39th St. in the Garment District; & most recently the creative office redevelopment of a former warehouse now known as “The Jefferson” located at 455 Jefferson St. in Bushwick Brooklyn. In 2018, Mr. Stein successfully completed the $257m acquisition of 540 West 26th St. in Manhattan & the $120m acquisition of 95 Evergreen Ave. in Brooklyn, on behalf of a 1031 investor.
Founded in Dallas, Texas in 1965, Lincoln Property Company is a nationally recognized commercial, residential, industrial & retail real estate development & services company. Cumulative development volume exceeds $15 billion & encompasses 120 million square feet. Lincoln currently manages in excess of 250 million square feet of commercial & residential property with a combined value of more than $60 billion.
Mr. Stein is a multigenerational New Yorker with roots in Manhattan & the Bronx. He is a licensed corporate real estate broker in the state of New York; an active member of several professional & charitable associations; & a frequent guest speaker on New York City real estate. He received his Bachelor of Arts from the University of Kentucky’s School of Journalism in 1987.
The following list contains selected property acquisitions & dispositions recently completed by Mr. Stein in excess of $1 Billion:
| Client |
Acquisition Price/ Disposition Price |
Sq. Ft. |
Location |
| Ramrock RE LLC (1031)
SEB Immobilien GmbH AEGON USA Realty Advisors Ramrock RE LLC (1031) Illinois Retired Teachers Assoc. Illinois Retired Teachers Assoc. |
$257m / Hold
$184m / $350m $139m /$180m $120m / Hold $93.5m / $123.5m $66m / $96.5m |
166,429
575,000 215,000 158,150 200,000 200,000 |
540 West 26th St., Manhattan
225 Bush St., San Francisco Citi Branch Portfolio, NYC 95 Evergreen Ave., Brooklyn 250 West 39th St., Manhattan 95 Morton Street, Manhattan |
| Goldman Sachs
Alcion Ventures ASB Real Estate Investments Government of Tanzania
|
$53m / $78m
$46m / Hold $46m / $60m $24.5m / Hold
|
100,000
120,000 95,000 40,000
|
700 Broadway, Manhattan
455 Jefferson St., Brooklyn 625 Broadway, Manhattan 307 East 53rd St., Manhattan
|