Hampton Roads Office Portfolio

May 06 2025

The Hampton Roads Office Portfolio is a 1,319,299 square-foot, 22-building, class-A portfolio of office and flex properties located in Chesapeake, Virginia Beach, and Hampton, Virginia. Lingerfelt acquired the portfolio – assets largely constructed by Alan Lingerfelt prior to and during his tenure with Liberty Property Trust – on June 23, 2015. The portfolio was approximately 87% leased at the time of acquisition. During the almost 4-year hold period, the portfolio received approximately $1.7M in various capital improvements and $6.6M in tenant improvements for renewals and new leases that were executed. Lingerfelt sold the portfolio in March of 2019.