Investment Summary

Bon Secours Heart Institute is a 100,925 square-foot medical office facility located in the Glenside submarket of Richmond, VA which was developed by Lingerfelt’s predecessor and delivered in early 2008. The building was a build-to-suit pre-leased substantially to Bon Secours Health System, among others. The asset was sold in December of 2012.

Investment Info

Status: Realized
Property Type: Medical
Square-Footage: 100,925
Strategy: Development
Sub-Strategy: Build-to-Suit
Entry Date: Nov 16, 2006
Exit Date: Dec 31, 2012
Total Capitalization: $25,800,000
Exit Price: $29,147,000
Lingerfelt Role: Developer, General Partner

Location