Posted by Nate Delesline III on Inside Business on 10/16/2015
Lingerfelt Commonwealth Partners recently purchased a 22-building portfolio of office space comprising 1.3 million square feet in Virginia Beach, Hampton and Chesapeake.
In a recent announcement, the company said the acquisition brings Lingerfelt’s holdings to 5.5 million square feet across the southeastern United States. Its portfolio includes office, medical office, industrial and hotel properties.
Richmond-based Commonwealth Commercial Partners, a property management affiliate of Lingerfelt Commonwealth Partners, will handle all aspects of the day-to-day property management for the Hampton Roads portfolio.