HENRICO COUNTY, VA – Richmond, VA-based commercial real estate investment and asset management firm Lingerfelt has sold an 11-property office portfolio to Charlottesville, VA-based Seminole Trail for $118.9 million.
Seminole Trail purchased the portfolio for a 6.3% cap rate or $165 per square foot.
The 82%-leased portfolio comprises 723,103 square feet of space in and around Innsbrook in Henrico County, VA.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
