Investment Summary

Cedar Lakes Center is a 35,659 square-foot class-B shopping center and outparcel pad site located in the Great Bridge submarket of Hampton Roads, VA which was acquired by Lingerfelt’s predecessor alongside an investor group on December 3, 2004. LCP constructed the existing outparcel building in 2007, adding an additional 7,000 square-feet to the center.

Investment Info

Status: Realized
Property Type: Retail
Square-Footage: 35,659
Strategy: AcquisitionDevelopment
Sub-Strategy: Reposition, Lease-Up
Entry Date: Oct 21, 2004
Exit Date: Jun 29, 2023
Total Capitalization: $3,900,000
Exit Price: $4,900,000
Lingerfelt Role: Developer, General Partner

Location