CONSTRUCTION SERVICES

Linque Realty Services (LRS) is the Construction Management arm of Lincoln Equities Group LLC.  LRS performs all construction projects in the LEG portfolio, from remodeling office space, to renovating and repositioning existing assets, to ground up construction of new buildings.   LRS was created to give the owners greater control over costs, scheduling, and quality as well as a comprehensive level of construction expertise. 

By working closely with the Leasing and Property Management divisions, LRS can offer superior pricing, shorter schedules, quicker turn around time and higher levels of customer satisfaction. LRS provides budget estimates to the Leasing Department usually within 24 hours, which provide a tremendous advantage in negotiating leases with potential tenants. 

Over the last five years, Linque’s construction team has completed 98 office tenant installations and 27 building capital projects with a total value $60 million.

The construction group also works closely with Property Management to ensure that construction projects do not conflict with the building’s operations and do not compromise tenant use of their space.  LRS provides guidance for larger repair and maintenance work needed for the buildings in the portfolio and ensures that building systems are properly tested and working as intended once construction is completed. 

On behalf of third-party clients, LEG has completed numerous significant turnaround assignments and LRS has skillfully executed the construction elements of these assignments. LEG’s significant turnaround projects include:

·          Leasing and stabilization of over 900,000 square feet of vacant office buildings

·         Repositioning of a 1 million-square-foot retail center in which LRS engineered and completed a 7.8MM floor repair utilizing an innovative solution saving ownership 25% of project costs

·          Repositioning and leasing of an 820,000–square-foot industrial complex,

·          Leasing of a 480,000-square-foot industrial-to-office conversion and

·          A $6 million reconstruction of an underground parking deck.

For new assets, LRS provides due diligence services so investors can quickly identify and evaluate issues in the physical plant and quantify value adding strategies.   LRS performs a complete review of the building and its operating systems, and tracks and reviews maintenance schedules. LRS reviews the building department folders, interviews employees and vendors, in addition to the many other tasks required during due diligence. LRS works closely with third party engineers to identify potential problem areas and then obtains budget pricing.  LRS assists with the five year capital and operating budgets and helps reduce the purchase price accordingly.