The Microsoft Building

Realized

The Microsoft Building is a 26,539 square-foot class-A office building located in the Innsbrook submarket of Richmond, VA which was acquired by Lingerfelt’s predecessor alongside an investor group for $5.8 million on April 30, 2007.

Investment Info

  • Status: Realized
  • Market: Richmond, VA
  • Property Type: Office
  • Square Footage: 26,539
  • Lingerfelt Role: General Partner
  • Strategy: Acquisition
  • Sub-Strategy: Reposition, Lease-Up

Investment Metrics

  • Entry Date: April 30, 2007
  • Purchase Price: $4,100,000
  • Total Capitalization: $5,780,000
  • Exit Date: July 15, 2022
  • Exit Price: $5,700,000
  • Hold Period: 15.2 Years

The Microsoft Building

4301 Dominion Boulevard, Glen Allen, VA, USA
Realized

The Microsoft Building is a 26,539 square-foot class-A office building located in the Innsbrook submarket of Richmond, VA which was acquired by Lingerfelt’s predecessor alongside an investor group for $5.8… Read More