203 East Cary Street

Realized

203 East Cary Street is a 60,000 square-foot two-story class-B office property located in the Monroe Ward submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on January 1, 2002.

Investment Info

  • Status: Realized
  • Market: Richmond, VA
  • Property Type: Office
  • Square Footage: 60,000
  • Lingerfelt Role: Sole-Owner
  • Strategy: Acquisition
  • Sub-Strategy: Reposition, Renovation, Lease-Up

Investment Metrics

  • Entry Date: January 01, 2002
  • Purchase Price: $2,500,000
  • Total Capitalization: $3,000,000
  • Exit Date: February 28, 2005
  • Exit Price: $4,100,000
  • Hold Period: 3.2 Years

203 East Cary Street

203 East Cary Street, Richmond, VA, USA
Realized

203 East Cary Street is a 60,000 square-foot two-story class-B office property located in the Monroe Ward submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on January 1,… Read More