Category: 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 […]

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 […]

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, […]

Dec 23, 2019

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

Richmond, VA — December 23, 2019 — Lingerfelt CommonWealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm, today announced the acquisition of 100 East Broad Street, a 308,337 square foot, 24 story office tower in downtown Columbus, Ohio. The tower, also referred to as Chase Tower after one of its prominent tenants, JP […]

Jul 8, 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 23, 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 18, 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 […]