Lincoln Property Company acquired Dallas-based Rackhouse Group in 2010, creating the data-center practice then known as Lincoln Rackhouse. The September 8, 2010 report described Rackhouse’s work in data-center site selection and tenant representation, and said the combined operation would add development and construction services. It did not disclose a purchase price or detailed transaction terms.
When did Lincoln Property acquire Rackhouse Group?
Data Center Knowledge reported the acquisition on September 8, 2010. The report said Rackhouse would operate as Lincoln Rackhouse and move its offices to Lincoln’s Dallas headquarters at 2000 McKinney. It did not state the purchase price, financing, seller, transaction structure, or other detailed deal terms, so those details cannot be established from that account. Data Center Knowledge’s 2010 report
What did Rackhouse Group do?
Founded in 2006 by Martin Peck, Peter Tippen, and Brant Bernet, Rackhouse specialized in data-center site selection and tenant representation for companies looking for data-center space. The 2010 report described the founders as veterans of Trammell Crow Co.’s mission-critical facilities business. Data Center Knowledge
What was expected to change after the acquisition?
The announcement described an expansion beyond Rackhouse’s existing tenant-representation work: Lincoln Rackhouse was expected to provide data-center development and construction services for enterprise clients. Peck said the opportunity lay in the development cycle for data-center clients. Lincoln’s then-Chief Operating Officer Greg Courtwright described the group as a lead into a business segment he considered underserved. These statements describe the plans and expectations reported at the time, not proof of the eventual results.
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How did Lincoln describe the business later?
In a March 26, 2024 announcement, Lincoln called the operation its Data Center business, “formerly known as Lincoln Rackhouse.” The company said Ryan Sullivan joined as Executive Vice President and National Data Center Group Leader, succeeding Peck in leading the business. Peck was to remain an advisor supporting legacy data-center assets and the leadership transition. This later naming connects Lincoln Rackhouse with Lincoln’s data-center practice; it does not by itself establish that Lincoln Rackhouse remains a separate current subsidiary. Lincoln’s 2024 announcement
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.How does Lincoln describe its data-center services today?
Lincoln’s current service page describes a broader offering that includes acquisitions and investments, development and project management, facilities management, leasing, and site selection. It also identifies considerations such as power and cooling requirements, network infrastructure, security, reliability, and scalability. That is Lincoln’s present-day description; it should not be read as a list of services or transaction terms established in the 2010 acquisition report. Lincoln’s Data Centers service page
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