February 25, 2024
Property

Lincoln Property founder Mack Pogue created top U.S. real estate firm


Mack Pogue founded one of the country’s largest apartment building firms and developed buildings across Dallas and the U.S.

In 1965 he started Lincoln Property Co., which grew to one of the nation’s leading real estate firms. Pogue partnered with Dallas developer Trammell Crow to launch the company on Lincoln’s birthday.

Pogue, who was 89, died this week.

Pogue and Lincoln Property are probably best known in Dallas for the development of the huge Village apartment community in northeast Dallas, The 300-acre rental project near the intersection of Greenville Avenue and Northwest Highway. It has over 11,000 residents.

Under Pogue’s leadership, Lincoln built more than 200,000 apartments nationwide. Starting in the 1980s the company developed huge local commercial projects including the Lincoln Centre complex on LBJ Freeway and the Ross Tower skyscraper in downtown Dallas.

“Mack Pogue will be remembered as one of the most prolific and influential real estate leaders of our time,” said Bill Duvall, Pogue’s friend and longtime business partner. “For those of us who were lucky enough to work closely with him as he built Lincoln Property Co., he will be remembered as an incredible partner, mentor, and friend.

“There will never be another like him, and he will be greatly missed.”

Through all of the company’s success, Pogue avoided publicity and kept a low profile.

Mack Pogue founded Lincoln Property Co. and grew it to one of the country’s largest real estate operations.(Contributed / Lincoln Property Co,. )

He was born in Sulphur Springs in 1934, where his father ran a cotton gin.

After a stint in the Army in the mid-1950s, Pogue graduated from Texas Tech University in 1959. He previously took classes at Tyler Junior College and sponsored scholarships there.

Longtime Dallas real estate broker Wayne Swearingen said he would visit with Pogue about their military service days and property business when they ran into each other at Dallas County Club.

“Mack was from humble beginnings — an East Texas boy,” Swearingen said. “I first met him when I had gone into the business as a broker with Henry S. Miller and one of our jobs was to lease the retail space over on Walnut Hill that was being built by Mack and Trammell Crow with some apartments.”

Pogue worked as a high school football coach and a salesman before joining a Dallas commercial real estate firm in 1961. A few years later he met Trammell Crow and soon they went into business together building apartments.

“I was responsible for where and what we built,” Pogue told D Magazine in a 1984 interview. “I couldn’t possibly tell you where I’d be had he not given me the opportunity.”

Pogue and Crow maintained their partnership for years before their two companies split and became competitors. Lincoln Property became one of the world’s largest commercial property firms and expanded its business to Europe.

“Their partnership flourished and they became warm friends,” said Trammell Crow’s son Harlan Crow. “Although eventually, they decided to separate their businesses and become friendly competitors, their close friendship was lifelong.

“Dad held Mack in the highest regard as an honorable man and a wonderful business partner.”

Pogue continued to contribute to the company he founded until recently.

Last year Lincoln Property sold off ownership in its original apartment business to Canadian property firm Cadillac Fairview. The apartment company was rebranded as Willow Bridge Property Co. Pogue retained a small stake in the apartment company.

Lincoln Property has continued commercial developments across the country and in North Texas.

Pogue is survived by his wife of 64 years, Jean Pogue; brother Jack Pogue; sons Blake and Blair Pogue, nine grandchildren and a great-grandson.

A memorial service for Pogue will be held on Tuesday, February 6th at 2:00 p.m. at Park Cities Presbyterian Church.

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