Investment Summary

The Greensboro Office Portfolio consists of 378,435 square-feet of multi- and single-story office and flex space located in the Airport Submarket of Greensboro, NC. LCP acquired 100% fee simple interest in the 14-building portfolio on September 5, 2014 for $28,150,000. The historically well-located and well-maintained assets were 89% occupied at acquisition.

Investment Info

Status: Realized
Property Type: Office
Square-Footage: 378,435
Strategy: Acquisition
Sub-Strategy: Reposition, Lease-Up
Entry Date: Sep 05, 2014
Exit Date: Aug 09, 2019
Total Capitalization: $30,100,000
Exit Price: $30,500,000
Lingerfelt Role: Sole Owner

Location