Bon Secours Heart Institute

Realized

Bon Secours Heart Institute is a 100,925 square-foot medical office facility located in the Glenside submarket of Richmond, VA which was developed by Lingerfelt’s predecessor and delivered in early 2008. The building was a build-to-suit pre-leased substantially to Bon Secours Health System, among others.

Investment Info

  • Status: Realized
  • Market: Richmond, VA
  • Property Type: Medical/Life-Science
  • Square Footage: 100,925
  • Lingerfelt Role: Developer, General Partner
  • Strategy: Build-to-Suit, Development
  • Sub-Strategy: Speculative

Investment Metrics

  • Entry Date: November 16, 2006
  • Purchase Price: Contributed
  • Total Capitalization: $25,800,000
  • Exit Date: December 31, 2012
  • Exit Price: $29,147,000
  • Hold Period: 6.1 Years

Bon Secours Heart Institute

7001 Forest Avenue, Richmond, VA, USA
Realized

Bon Secours Heart Institute is a 100,925 square-foot medical office facility located in the Glenside submarket of Richmond, VA which was developed by Lingerfelt’s predecessor and delivered in early 2008.… Read More