Category: Press Release

Jul 13, 2019

Lingerfelt Commonwealth Acquires Office Tower in Minneapolis, Commonwealth Commercial Opens 15th National Office

RICHMOND, Va., July 8, 2019 — Lingerfelt CommonWealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, today announced the acquisition of 222 South Ninth Street, a 727,170 square foot, 42 story office tower in downtown Minneapolis, Minnesota. The asset was sold by Principal Real Estate Investors, the real estate group of Principal Global […]

May 24, 2019

Lingerfelt Commonwealth Acquires Office Towers in St. Louis, Missouri

RICHMOND, Va., May 23, 2019 — Lingerfelt CommonWealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, today announced the acquisition of the Pierre Laclede Center, a pair of Class A office towers in St. Louis, MO, including a four level, 1,304 stall parking garage. The asset was sold by KBS, a national private […]

Dec 18, 2018

Lingerfelt Commonwealth Sells Five Hotels in Orlando, Florida, Atlanta, Georgia, and Charlotte, North Carolina

RICHMOND, Va., Dec. 18, 2018 — Lingerfelt Commonwealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, today announced a portfolio sale of five hotels in Orlando, Florida, Atlanta, Georgia, and Charlotte, North Carolina, which closed on December 13, 2018.  The hotels were sold by Lingerfelt Commonwealth to AD1 Global, a privately-held hospitality company located in […]

Nov 29, 2018

Lingerfelt Commonwealth Sells Two Medical Office Buildings in Richmond, VA

Richmond, VA – November 29, 2018 – Lingerfelt Commonwealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, today announced the sale of two medical office buildings located in Richmond, VA to Montecito Medical Real Estate located in Nashville, TN. The OrthoVirginia Boulders Building, located at 1115 Boulders Parkway Richmond, VA 23225, is a 70,000 […]

Jul 20, 2018

Lingerfelt CommonWealth Acquires Office Tower in Kansas City, Missouri

Richmond, VA —  July 20, 2018  — Lingerfelt CommonWealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, in a joint venture with CrossHarbor Capital Partners LLC, a Boston, Massachusetts-based commercial real estate investment firm, today announced the acquisition of 2345 Grand Boulevard, located in downtown Kansas City, MO. 2345 Grand, in the Crown […]

Jun 19, 2018

Lingerfelt CommonWealth Acquires Virginia Beach Resort Hotel & Conference Center

Richmond, VA, June 18, 2018 — Lingerfelt CommonWealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, in a joint venture with JDI Realty LLC, a Chicago, Illinois-based commercial real estate investment firm, today announced the acquisition of the Virginia Beach Resort Hotel & Conference Center at 2800 Shore Drive in Virginia Beach for […]

Jun 1, 2018

Lingerfelt Commonwealth Partners Closes $100 Million Value-Add / Opportunistic Real Estate Fund

RICHMOND, VA, MAY 31, 2018 Lingerfelt Commonwealth Partners (“Lingerfelt”) announced today the final closing of its second value-add real estate fund, Lingerfelt Commonwealth Value Fund II, L.P. (“Fund II”) slightly above its $100 million target. Consistent with the investment strategy of its predecessor fund, Fund II will focus on all property types of real estate […]

Feb 21, 2018

Lingerfelt CommonWealth Acquires Buschwood III in Tampa, Florida

Richmond, VA —  February 20, 2018  — Lingerfelt CommonWealth Realty Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, today announced the acquisition of Buschwood III, a 78,453 SF class A office building in Tampa, Florida. Buschwood III, located at 3350 Buschwood Park Drive, is within the Northwest submarket in suburban Tampa. The two-story […]

Nov 20, 2017

Lingerfelt CommonWealth Acquires Norfolk Waterside Marriott in Downtown Norfolk, Virginia

Richmond, VA —  November 17, 2017  — Lingerfelt CommonWealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, today announced the acquisition of the Norfolk Waterside Marriott in downtown Norfolk, Virginia.  The premium branded full-service hotel and conference center includes 405 rooms, nearly 70,000 SF of meeting/conference center space and will immediately undergo a […]

Jul 14, 2017

Lingerfelt CommonWealth Acquires Office Tower in Houston, Texas

Richmond, VA  —  July 6, 2017  — Lingerfelt CommonWealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, today announced the acquisition of 1700 West Loop – Burns & McDonnell Plaza located in Houston, Texas for $52 million. 1700 West Loop, located in the Galleria/Uptown submarket of Houston, is a 14 story, 272,941 square […]