Investment Summary

1701 Bermuda Hundred is a 187,980 square-foot ground-up speculative industrial warehouse project located in Chesterfield County, VA. The property delivered in August of 2023. In January of 2025, the property was leased to 100% occupancy and it was sold in September of 2025.

Investment Info

Status: Realized
Sub-Market: I-95 S/I-295 S/Rt 10
Property Type: Industrial
Square-Footage: 187,980
Strategy: Development
Sub-Strategy: Speculative
Entry Date: Nov 02, 2021
Exit Date: Sep 09, 2025
Total Capitalization: $21,114,000
Exit Price: $31,250,000
Lingerfelt Role: Developer, General Partner

Location

Project Team

Developer

Brian Witthoefft President

John Mason Managing Director, Development


General Contractor
Civil Engineer