OrthoVirginia Memorial Regional
Realized
OrthoVirginia Memorial Regional is a 58,554 square-foot medical office facility located in the Mechanicsville submarket of Richmond, VA which was developed by Lingerfelt’s predecessor and delivered in 2015. The building was a build-to-suit substantially pre-leased to OrthoVirginia and Bon Secours Health System.
Investment Info
- Status: Realized
- Market: Richmond, VA
- Property Type: Medical/Life-Science
- Square Footage: 58,554
- Lingerfelt Role: Developer
- Strategy: Build-to-Suit
Investment Metrics
- Entry Date: January 13, 2014
- Purchase Price: $1,024,615
- Total Capitalization: $16,200,000
- Exit Date: November 27, 2018
- Exit Price: $25,100,000
- Hold Period: 4.9 Years
OrthoVirginia Memorial Regional
8200 Meadowbridge Rd, Mechanicsville, VA, USA
RealizedOrthoVirginia Memorial Regional is a 58,554 square-foot medical office facility located in the Mechanicsville submarket of Richmond, VA which was developed by Lingerfelt’s predecessor and delivered in 2015. The building… Read More