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
RealizedThe 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