Investment Summary

OrthoVirginia Memorial Regional is a 58,554 square-foot medical office facility located in the Mechanicsville submarket of Richmond, VA which was developed by Lingerfelt’s predecessor and delivered in 2015. The building was a build-to-suit substantially pre-leased to OrthoVirginia and Bon Secours Health System. The asset was sold in November of 2018.

Investment Info

Status: Realized
Property Type: Medical
Square-Footage: 58,554
Strategy: Build-to-Suit
Sub-Strategy: Build-to-Suit
Entry Date: Jan 13, 2014
Exit Date: Nov 27, 2018
Total Capitalization: $16,200,000
Exit Price: $25,100,000
Lingerfelt Role: Developer

Location