Category: Press Release

Oct 2, 2023

Lease Completed at Ashton Logistics Park

For Immediate Release RICHMOND, VA, September 2023 – Colliers and Lingerfelt are pleased to announce the successful lease of Building I at Ashton Logistics Park, located at 1660 Ashton Park Drive in Chesterfield, VA. Ashton Logistics Park is a multi-building, Class A industrial park in a Chesterfield County Technology Zone. Building I is comprised of […]

Aug 31, 2023

Lingerfelt Appoints Henry (Hank) Loughran to Managing Director, Head of Capital Markets and Investor Relations

August 30, 2023 – [Richmond, VA] – Lingerfelt is thrilled to announce that Henry (Hank) Loughran has joined the company as Managing Director and will serve as the Head of Capital Markets and Investor Relations. In this key leadership role, Loughran will leverage his extensive experience and expertise to drive Lingerfelt’s strategic initiatives in capital […]

Jul 1, 2023

Davis and Lingerfelt Joint Venture to Develop Carmel Church, Key Industrial Site in Greater Richmond Area

RICHMOND, VA (June 26, 2023) – The Davis Companies and Lingerfelt announced a joint venture to develop the Carmel Church Business Center, a Class A industrial project located in Caroline County, just 25 miles north of Richmond, Virginia. Upon buildout, Carmel Church will deliver 325,500 square feet of institutional quality, rear-load warehouse space to the region. Proximity to key interstates and […]

Mar 17, 2023

LINGERFELT and Partners Group Acquire 1.2 Million Square-Foot Class A Industrial Logistics and Distribution Portfolio in Richmond, VA

Richmond, VA – March 17, 2023 – LINGERFELT announced today that it closed on a $105.6 million acquisition of Northlake and Walthall Distribution Centers in a joint venture with Partners Group, a leading global private markets firm acting on behalf of its clients. The portfolio includes four Class A multi-tenant logistics facilities totaling 1,161,716 square […]

Mar 2, 2023

ORTHOVIRGINIA, LINGERFELT, HOURIGAN to Build $50 Million Medical Complex in Watkins Centre in Chesterfield County, Virginia

Richmond, VA – March 2, 2023 — ORTHOVIRGINIA, the largest orthopedic practice in Virginia, is partnering with LINGERFELT and HOURIGAN to create a new $50 million, 77,000 square foot orthopedics destination at Watkins Centre in Chesterfield County, Virginia. Watkins Centre is a premier mixed-use development community located at the regional interchange of 288 and Midlothian Turnpike. […]

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 […]

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, […]

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 […]

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 […]

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 […]

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