Investment Summary

Watkins Medical Center is a 120,000 square-foot, 2-building ground-up partial build-to-suit medical office project that is currently in pre-development stages. Phase I of the project, consisting initially of a standalone 40,000 square-foot medical facility, will break ground in Q4 of 2025 and will deliver in Q4 of 2026. Phase II will break ground upon completion of Phase I and sufficient pre-leasing.

Investment Info

Status: Pre-Development
Sub-Market: Rt 288 Corridor
Property Type: Medical
Square-Footage: 120,000
Strategy: Development
Sub-Strategy: Build-to-Suit | Speculative
Lingerfelt Role: Developer | General Partner

Project Highlights

Immediately Adjacent to Westchester Medical Park & OrthoVirginia
12K SF of Medical Space Available in Phase I
40-80K SF Available in Phase II for Medical Build-to-Suit

Location

Project Team

Leasing

David Smith Senior Vice President

Amy Broderick Senior Vice President

Kate Hosko Vice President

Developer

Ryan Lingerfelt CEO & CIO

Brian Witthoefft President


General Contractor
Architect
Civil Engineer