OrthoVirginia Boulders

Realized

OrthoVirginia Boulders is a 64,430 square-foot medical office facility located in the Midlothian submarket of Richmond, VA which was developed by Lingerfelt’s predecessor and delivered in 2011. The building was a build-to-suit fully pre-leased to West End Orthopedics (now OrthoVirginia) and HCA Health System.

Investment Info

  • Status: Realized
  • Market: Richmond, VA
  • Property Type: Medical/Life-Science
  • Square Footage: 64,430
  • Lingerfelt Role: Developer
  • Strategy: Build-to-Suit

Investment Metrics

  • Entry Date: July 29, 2010
  • Purchase Price: $1,250,000
  • Total Capitalization: $16,300,000
  • Exit Date: November 27, 2018
  • Exit Price: $25,800,000
  • Hold Period: 8.3 Years

OrthoVirginia Boulders

1115 Boulders Parkway, Richmond, VA, USA
Realized

OrthoVirginia Boulders is a 64,430 square-foot medical office facility located in the Midlothian submarket of Richmond, VA which was developed by Lingerfelt’s predecessor and delivered in 2011. The building was… Read More