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Investment Summary

7 Hills Distribution Center is a four-building, multi-phase, 820,800 square-foot ground-up speculative industrial development currently in the pre-construction phase of development. Phase I of the project will break ground in January of 2026 and will deliver in early 2027. Subsequent phases of the project will break ground following the stabilization of previous phases or in the event of pre-leasing or Build-to-Suit arrangements.
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Investment Info

Status: Unrealized
Sub-Market: Airport
Property Type: Industrial
Square-Footage: 820,800
Strategy: Development
Sub-Strategy: Speculative
Entry Date: May 21, 2025
Lingerfelt Role: Developer | General Partner

Project Highlights

Infill Location in Richmond's Prime Airport Industrial Submarket
Build-to-Suit, User Customization, and/or Purchase Optionality Available
Immediate Adjacency to Richmond International Airport

Location

Gallery

Project Team

Leasing

Wood Thornton, SIOR Senior Vice President

Phone: (804) 267-7221
Email: wood.thornton@colliers.com

Rob Dirom Senior Vice President

Phone: (804) 267-7207
Email: rob.dirom@colliers.com

Frank Hargrove, III Vice President

Phone: (804) 339-2912
Email: frank.hargrove@colliers.com

Developer

John Mason Managing Director, Development

General Contractor
Civil Engineer

STRATEGIES

SECTORS