News
Press Release | Dec 20, 2022
Lingerfelt Sells Office Portfolio in Henrico, Virginia for $118.95 million; Announces New Corporate Branding
Richmond, VA – December 20, 2022 — Lingerfelt, a Richmond, Virginia-based commercial real estate investment firm, announced today the sale of a portfolio of office buildings for approximately $118.95 million. The portfolio included 11 office buildings located in and around Innsbrook in Henrico County, Virginia. The portfolio totaled 723,103 square feet and was approximately 82% leased […]
Press Release | Jul 21, 2022
Lingerfelt CommonWealth Sells Industrial Building for $22.25 Million
RICHMOND, Va., July 21, 2022 (GLOBE NEWSWIRE) – Lingerfelt CommonWealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, announced the sale of 4300 Carolina Avenue in Richmond, Virginia. The property, which includes a 223,479-square-foot industrial distribution facility located in the Richmond Distribution Center in Henrico County, VA, was sold on April 14, 2022, […]
Press Release | Jun 18, 2022
Lingerfelt Commonwealth Partners Sells Delta Hotel in Virginia Beach
Richmond, VA – June 18, 2022 – Lingerfelt Commonwealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, has announced the sale of the Delta Hotel by Marriott Virginia Beach Bayfront Suites in Virginia Beach, Virginia. Lingerfelt Commonwealth Partners sold the property to Black Pearl Capital for $82 million. Lingerfelt acquired the hotel in 2018 […]
Press Release | Apr 1, 2021
Lingerfelt CommonWealth Acquires Industrial Distribution Building For $7.8 Million, Announces Major Renovations
Richmond, VA — April 1, 2021 — Lingerfelt CommonWealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, today announced the $7,800,000 acquisition of 4300 Carolina Avenue in Richmond, Virginia. The asset is a 223,479 square foot industrial facility located in Richmond Distribution Center near Richmond International Raceway. The building is currently unoccupied and […]
Press Release | Nov 16, 2020
Lingerfelt Commonwealth Sells Virginia Beach Class A Industrial Distribution Building for $21.7 Million
RICHMOND, Va., Nov. 16, 2020 — Lingerfelt CommonWealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, today announced the $21,695,000 sale of 1537 Air Rail Avenue in Virginia Beach. The building is a 320,000 square foot, Class A single tenant industrial distribution building, located near the Norfolk International Airport and Interstate 64. The sale closed […]
Press Release | Jul 6, 2020
Lingerfelt Commonwealth Sells Class A Office Building in Tampa, Florida
Tampa, FL – July 6, 2020 – Lingerfelt CommonWealth Partners, LLC (LCP), a Richmond, Virginia-based commercial real estate investment firm, today announced the sale of Buschwood III to Continental Capital Partners, a real estate investment company based in Virginia Beach, Virginia, for $10.35 million. Buschwood III, a two-story, 78,000 square-foot, Class A office building in Tampa, […]