Harbour View Medical Arts
Realized
Harbour View Medical Arts is a 49,000 square-foot medical office facility located in the Harbourview submarket of Hampton Roads, VA which was developed by Lingerfelt’s predecessor and delivered in late 2007. The building was a speculative development which was leased shortly after delivery to Bon Secours Health System, among others.
Investment Info
- Status: Realized
- Market: Hampton Roads, VA
- Property Type: Medical/Life-Science
- Square Footage: 49,000
- Lingerfelt Role: Developer
- Strategy: Development
- Sub-Strategy: Speculative, Lease-Up
Investment Metrics
- Entry Date: June 27, 2006
- Purchase Price: $1,068,000
- Total Capitalization: $11,500,000
- Exit Date: May 28, 2010
- Exit Price: $12,500,000
- Hold Period: 4.1 Years
Harbour View Medical Arts
5838 Harbour View Boulevard, Suffolk, VA, USA
RealizedHarbour View Medical Arts is a 49,000 square-foot medical office facility located in the Harbourview submarket of Hampton Roads, VA which was developed by Lingerfelt’s predecessor and delivered in late… Read More