Dallas-based Lincoln Property Co. is diving deeper into the brokerage business. 

Courtesy of AGpicture

Lincoln Property Group’s Executive Managing Director of National Brokerage Tyler Courtney.

The firm, known for development and property management, hired Tyler Courtney to to bulk up its leasing services. Courtney until recently led Cushman & Wakefield’s Atlanta office and will now be Lincoln’s executive managing director of national brokerage, a newly created role. 

“Lincoln already has a significant portfolio of assets that we lease throughout the country and our goal is to grow our third-party portfolio,” Lincoln co-CEO David Binswanger said in a statement. “Tyler will help strengthen Lincoln’s national brokerage platform and support the growth of our local leasing teams in markets that are aiming to expand and scale their service offerings.”

Courtney started the job Monday and will work out of Lincoln’s Atlanta office, CoStar reported. He told the publication that he planned to spend the next few weeks traveling to Lincoln’s major markets — Dallas; Washington, D.C.; Boston; Chicago and Charlotte, North Carolina — to meet with local executive leadership and begin recruiting brokers to the business. 

Courtney had been with Cushman & Wakefield since 2009. He began with a focus on tenant representation and climbed the corporate ladder to become the firm’s managing principal for Atlanta.

In that role, Courtney oversaw more than 500 staff and was responsible for Cushman & Wakefield’s strategic direction and business development in Atlanta. Courtney told CoStar that leaving the brokerage was the hardest decision of his career. 

“I was drawn to Lincoln because of the firm’s entrepreneurial spirit, which allows our teams to be nimble and respond efficiently to the current market conditions,” he said in a statement. 

Lincoln’s management and leasing portfolio spans 562M SF across the U.S., United Kingdom and Europe. The firm has built more than 164M SF of commercial space since its inception in 1965 and has another $19.5B in its active development pipeline. 

Courtney is especially interested in expanding Lincoln’s agency leasing services in the industrial sector, where the glut of pandemic-era construction has shifted the market more in tenants’ favor, he told CoStar. Lincoln could also explore building its presence in the office, healthcare, medical office, retail and data center sectors, Courtney said. 

Lincoln’s decision to expand its dedicated brokerage business comes as real estate services providers expect both the leasing and sales markets to accelerate through the back half of this year and into 2026. 

Top executives at brokerages are predicting that anemic activity over the last two years and the billions in capital sitting on the sidelines will translate into more activity. But those predictions largely came before President Donald Trump kicked off a bruising trade war, and it remains to be seen how corporate leaders will react to the newly injected economic uncertainty.

“We’re all experiencing this major whiplash,” Julie Workman, real estate attorney and partner at Chicago-based law firm Saul Ewing, told Bisnow in early March. “What’s true today might not be true tomorrow, and it might not even be true tonight.”

CORRECTION, APRIL 14, 3 P.M. ET: Lincoln Property Co. hired Tyler Courtney to expand its existing leasing business. 

Cushman & Wakefield has been named the exclusive listing agent for the Industrious flex space at Tower 49, located at 12 E. 49th St. in Midtown Manhattan. The firm’s John Picco, Justin Halpern and Alex Lachmund will work with Industrious to lease the space, which totals approximately 265,000 square feet across 16 floors. 

“This is truly a one-of-a-kind opportunity,” said Picco. “What sets this space apart is its remarkable versatility—whether you’re a start-up looking for short-term flexibility or a large enterprise needing scalable long-term solutions, this space solves for it all.”

Tower 49 will offer programmatic upgrades throughout its floors, which span roughly 16,000 rentable square feet each. Ownership will install a high-end conference center to be designed and managed by the Industrious Tenant Experience Management Team. It will accommodate meetings from six to 110 people. In addition, other amenities may be incorporated in due course.

Cushman & Wakefield said Wednesday it had appointed Robert Thornburgh, SIOR, CCIM, FRICS as regional president of the Southwest Region, including Southern California, Nevada, Phoenix, Colorado, Utah and Idaho. Based in Los Angeles, Thornburgh will oversee Cushman & Wakefield’s strategic growth of the Southwest, including client service delivery, talent development and recruiting, while developing strong partnerships across the firm’s service lines.

Thornburgh reports to Victoria Malkin, president, Americas Markets for Cushman & Wakefield. “We are thrilled to welcome Robert to Cushman & Wakefield as he takes on this important leadership role,” said Malkin. “His significant experience and expertise of brokerage operations and the fundamentals of our industry combined with his service-oriented approach to clients will help propel our business forward, in the Southwest and across the Americas.”

Before joining Cushman & Wakefield, Thornburgh served as the chief executive of Society of Industrial and Office Realtors (SIOR), the world’s premier organization for industrial and office brokers with more than 4,000 members. While at the helm of SIOR, Thornburgh developed a strategic plan that improved member retention, increased membership and elevated brand recognition throughout the industry. 

“I look forward to this incredible opportunity to lead and further strengthen our deep client relationships throughout the Southwest region, helping investors and occupiers source opportunities in both established and emerging markets,” said Thornburgh. “I am also excited to work more closely and collaborate with Cushman & Wakefield’s highly respected roster of professionals in the Southwest and beyond.”

Greystone and Cushman & Wakefield provided acquisition financing and arranged the sale of Aventine, previously known as Ardmore at Bryton, a 288-unit multifamily property in the Charlotte suburb of Huntersville, North Carolina. 

The multifamily property was sold by Ardmore Residential to buyer Claremont Companies, a family office based in Massachusetts.

Cushman & Wakefield’s Alex McDermott, Louis Smart, Paul Marley, John Phoenix, Richard Montana, and Jacquelyn Aaron represented the seller in the $72.9 million transaction. Alex Basile, an Executive Director at both Greystone and Cushman & Wakefield, along with Michael Zelin and Drew Barnette of Cushman Wakefield’s Equity, Debt and Structured Finance team originated a $41.4 million Freddie Mac loan to finance the acquisition. 

Aventine is located at 13035 Ardmore Forest Rd. and features a fitness center, car care center, clubhouse with a resident lounge, complimentary Starbucks bar, pet spa and park, and a resort-style swimming pool.

Cushman & Wakefield represented OrthoNebraska in the sale-leaseback of its specialty orthopedic hospital at 2808 S. 143rd Plaza in Omaha for an undisclosed sum. The firm’s Healthcare Capital Markets group, comprised of Gino Lollio, Travis Ives, Sushil Puria, and Tyler Morss, along with TJ Twit of The Lund Co., an alliance of Cushman & Wakefield, represented OrthoNebraska in the transaction with buyer Montecito Medical.  

Built in 2004 and expanded in 2020, the 70,000-square-foot acute-care hospital is fully occupied by OrthoNebraska. It is a two-story facility dedicated to musculoskeletal care with 24 in-patient beds, 12 operating rooms and several treatment rooms. The property also includes 63 underground, temperature-controlled garage parking stalls and 220 surface parking stalls.  

OrthoNebraska is the largest orthopedics practice in Nebraska, with 35 surgeons who treat patients across the continuum of care for orthopedic procedures.  

The International Republican Institute (IRI) has renewed its lease for 47,416 square feet at 1225 I Street NW in Downtown Washington, DC. The lease renewal was brokered by Cushman & Wakefield (CWK), representing landlord Piedmont Office Realty Trust. The terms of the lease were not disclosed.  

Kyle McFadden, Eugene Kenney, and John Skolnik of C&W represented the landlord, while Randolph Harrell, Kevin Howard, and Lara Nealon of CBRE represented IRI. The renewal of IRI’s office space was one of the top 10 leases in the District in the first quarter of the year, according to a report from Savills. 

“We are thrilled to announce that IRI has chosen to extend its lease at 1225 Eye St. NW. This decision underscores Piedmont Office Realty Trust’s commitment to fostering strong partnerships across its portfolio. Retaining a tenant of IRI’s magnitude in an incredibly competitive marketplace speaks volumes about the trust and value Piedmont provides to its clients,” said McFadden,