Investment Summary

The Blair Building is a 34,145 square-foot class-B medical office building located in the Glen Forest submarket of Richmond, VA, which was acquired by Lingerfelt’s predecessor on October 22, 2004. At acquisition the building was fully occupied but in need of capital repairs.

Investment Info

Status: Realized
Property Type: Medical
Square-Footage: 31,145
Strategy: Acquisition
Sub-Strategy: Reposition, Lease-Up
Entry Date: Oct 22, 2004
Exit Date: Apr 19, 2022
Total Capitalization: $8,200,000
Exit Price: $15,000,000
Lingerfelt Role: General Partner

Location