Lincoln Property, New York Life to Raze Greenspoint Mall for $150MM, 1.2 Million SQFT CityNorth Industrial Park in Houston

Lincoln Property Co. and New York Life Investment Management have taken control of all 80 acres of the shuttered Greenspoint Mall and plan to replace it with a $150 million, 1.2 million-square-foot logistics campus, a bet that north Houston's tight warehouse market can succeed where decades of retail revival attempts failed.