Innsbrook Office Portfolio

Realized

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
Realized

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… Read More

Innsbrook Office Portfolio

4121 Cox Rd, Glen Allen, VA 23060, USA
Realized

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… Read More

Innsbrook Office Portfolio

4510 Cox Rd, Glen Allen, VA 23060, USA
Realized

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… Read More

Innsbrook Office Portfolio

4801 Cox Rd, Glen Allen, VA 23060, USA
Realized

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… Read More

Innsbrook Office Portfolio

4880 Cox Rd, Glen Allen, VA 23060, USA
Realized

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… Read More

Innsbrook Office Portfolio

3900 Westerre Pkwy, Richmond, VA 23233, USA
Realized

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… Read More

Innsbrook Office Portfolio

3901 Westerre Pkwy, Richmond, VA 23233, USA
Realized

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… Read More

Innsbrook Office Portfolio

100 Westgate Pkwy, Richmond, VA 23233, USA
Realized

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… Read More

Innsbrook Office Portfolio

200 Westgate Pkwy, Richmond, VA 23233, USA
Realized

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… Read More

Innsbrook Office Portfolio

10800 Nuckols Rd, Glen Allen, VA 23060, USA
Realized

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… Read More

Innsbrook Office Portfolio

5000 Cox Rd, Glen Allen, VA 23060, USA
Realized

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… Read More

Innsbrook Office Portfolio

5500 Cox Rd, Glen Allen, VA 23060, USA
Realized

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… Read More

Innsbrook Office Portfolio

7130 Glen Forest Dr, Richmond, VA 23226, USA
Realized

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… Read More

Innsbrook Office Portfolio

3823 Gaskins Rd, Henrico, VA 23233, USA
Realized

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… Read More