Investment Summary

At acquisition, the Innsbrook Office Portfolio was a 994,040 square-foot, 14-building portfolio located in Henrico County, VA. Innsbrook was initially acquired on June 7, 2013, and was comprised of suburban office assets that were 98% leased at below market in-place rents. The expansion of the portfolio occurred with the acquisition of 195,881 square-feet of office space across 5 buildings on August 12, 2014. All 21 buildings have been disposed of as of December 19, 2022.

Investment Info

Status: Realized
Property Type: Office
Square-Footage: 1,189,921
Strategy: Acquisition
Sub-Strategy: Reposition, Lease-Up
Entry Date: Jun 07, 2013
Exit Date: Dec 19, 2022
Total Capitalization: $157,800,000
Exit Price: $190,550,000
Lingerfelt Role: General Partner

Location