Innsbrook Office Portfolio
The Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May 12, 2011. The portfolio was acquired from Liberty Property Trust in an off-market transaction. At acquisition, the portfolio was 80% occupied by 102 tenants. The disposition of the Innsbrook Office Portfolio was completed via Lingerfelt CommonWealth's recapitalization of the investment in 2013.
Investment Info
- Status: Realized
- Market: Richmond, VA
- Property Type: Office
- Square Footage: 994,925
- Lingerfelt Role: General Partner
- Strategy: Acquisition
- Sub-Strategy: Reposition, Lease-Up
Investment Metrics
- Entry Date: May 12, 2011
- Purchase Price: $95,700,000
- Total Capitalization: $107,500,000
- Exit Date: June 07, 2013
- Exit Price: $135,000,000
- Hold Period: 2 Years
Innsbrook Office Portfolio
4198 Cox Rd, Glen Allen, VA 23060, USA
RealizedThe Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May… Read More
Innsbrook Office Portfolio
4121 Cox Rd, Glen Allen, VA 23060, USA
RealizedThe Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May… Read More
Innsbrook Office Portfolio
4510 Cox Rd, Glen Allen, VA 23060, USA
RealizedThe Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May… Read More
Innsbrook Office Portfolio
4801 Cox Rd, Glen Allen, VA 23060, USA
RealizedThe Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May… Read More
Innsbrook Office Portfolio
4880 Cox Rd, Glen Allen, VA 23060, USA
RealizedThe Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May… Read More
Innsbrook Office Portfolio
3900 Westerre Pkwy, Richmond, VA 23233, USA
RealizedThe Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May… Read More
Innsbrook Office Portfolio
3901 Westerre Pkwy, Richmond, VA 23233, USA
RealizedThe Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May… Read More
Innsbrook Office Portfolio
100 Westgate Pkwy, Richmond, VA 23233, USA
RealizedThe Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May… Read More
Innsbrook Office Portfolio
200 Westgate Pkwy, Richmond, VA 23233, USA
RealizedThe Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May… Read More
Innsbrook Office Portfolio
10800 Nuckols Rd, Glen Allen, VA 23060, USA
RealizedThe Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May… Read More
Innsbrook Office Portfolio
5000 Cox Rd, Glen Allen, VA 23060, USA
RealizedThe Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May… Read More
Innsbrook Office Portfolio
5500 Cox Rd, Glen Allen, VA 23060, USA
RealizedThe Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May… Read More
Innsbrook Office Portfolio
7130 Glen Forest Dr, Richmond, VA 23226, USA
RealizedThe Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May… Read More
Innsbrook Office Portfolio
3823 Gaskins Rd, Henrico, VA 23233, USA
RealizedThe Innsbrook Office Portfolio is a 994,925 square-foot, 14-building portfolio of class-A office-flex properties located in the Innsbrook submarket of Richmond, VA that was acquired by Lingerfelt’s predecessor on May… Read More