News

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, […]

Press Release | 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 […]

Press Release | 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 […]

Press Release | 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 […]

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