Developer purchases 14 West End buildings in deal valued at nearly $100M

Fourteen West End office buildings will soon have a new – but familiar – owner.

Lingerfelt Development today announced that it would purchase the buildings, which total 919,000 square feet, from Liberty Property Trust in a deal that is valued at nearly $100 million. The properties all were part of the Lingerfelt Development Corporation in 1995, when that company's founder, Alan Ligerfelt, sold the company to Liberty Property Trust.

Eight of the buildings, including the Snagajob.com building, are located in Innsbrook. The purchase also includes two buildings on Westgate Parkway, two on Westerre Parkway, one on Gaskins Road and the Patient First building at Woodman and Parham roads.

“This portfolio is particularly strong, since the properties are 98 percent leased, Class A commercial, and located within the desirable Innsbrook area," said Ryan Lingerfelt, principal of Lingerfelt Development. "The current tenants, and the local commercial real estate community, are already very familiar with our name.”

The Lingerfelt family has built or acquired more than 11 million square feet of commercial space during a period of more than half a century. The properties it has owned serve from medical to professional to industrial uses and include data, call and emergency care centers, elderly housing, nursing homes and multifamily developments across the eastern U.S., primarily in Virginia, North Carolina, South Carolina, Tennessee, Maryland and Illinois.

The buildings acquired in today's deal are:

• Snagajob Building, 4880 Cox Road, Glen Allen (58,726 square feet);

• Liberty Plaza I, 4801 Cox Road, Glen Allen (80,397 square feet);

• Bay Harbor Consulting Building, 4198 Cox Road, Glen Allen (44,089 square feet);

• Rowe Plaza, 4510 Cox Road, Glen Allen (72,655 square feet);

• Innsbrook Commons, 4121 Cox Road, Glen Allen (59,053 square feet);

• TechPointe I, 5000 Cox Road, Glen Allen (58,367 square feet);

• TechPointe II, 5500 Cox Road, Glen Allen (53,863 square feet);

• Gaskins Center II, 3829-3855 Gaskins Road (44,926 square feet);

• Westgate I, 100 Westgate Parkway (91,752 square feet);

• Westgate II, 200 Westgate Parkway (60,266 square feet);

• Westerre IV, 3901 Westerre Parkway (78,120 square feet);

• Westerre III, 3900 Westerre Parkway (76,128 square feet);

• Patient First, 2300 East Parham Road (5,172 square feet);

• Liberty Plaza II, 10800 Nuckols Road, Glen Allen (135,375 square feet).
Bail Bonds Chesterfield VA

Eight’s enough? Crowded race for 56th District develops


Following the retirement of Delegate Peter Farrell [R-56th District], a number of candidates have thrown their hats into the ring to vie for the open seat in the Virginia General Assembly district, which contains a portion of Henrico’s Far West End.

Democratic challengers include Lizzie Basch and Melissa Dart, while Republican contenders include George Goodwin, Matt Pinsker, Graven Craig, Surya Dhakar, Jay Prendergrast and John McGuire. In addition to a section of Henrico, the district also includes portions of Goochland and Spotsylvania County, as well as all of Louisa County. > Read more.

On the trail to Awareness


Twenty-five teams, composed of some 350 participants, gathered at Dorey Park in Varina April 8 for the Walk Like MADD 5k, to benefit Mothers Against Drunk Driving Virginia. The event raised more than $35,000, with more funds expected to come in through May 7. > Read more.

Leadership Metro Richmond honors St. Joseph’s Villa CEO


Leadership Metro Richmond honored St. Joseph's Villa CEO Kathleen Burke Barrett, a 2003 graduate of LMR, with its 2017 Ukrop Community Vision Award during its annual spring luncheon April 6.

The award honors a LMR member who demonstrates a purposeful vision, a sense of what needs to be done, clear articulation with concern and respect for others with demonstrated action and risk-taking. > Read more.

Glen Allen H.S. takes second in statewide economics competition

Glen Allen H.S. was among six top schools in the state to place in the 2017 Governor’s Challenge in Economics and Personal Finance.

Taught by Patricia Adams, the Glen Allen H.S. team was runner-up in the Economics division, in which teams faced off in a Quiz Bowl. > Read more.

Glen Allen native serves aboard Navy’s most advanced submarine


A 2007 Deep Run High School graduate and Glen Allen, Virginia native is serving in the U.S. Navy as part of a crew working aboard one of the world’s most advanced ballistic missile submarines, USS Tennessee, Gold Crew.

Petty Officer 2nd Class Michael Uhl, a machinist’s mate, serves aboard the Kings Bay-based boat, one of 14 Ohio-class ballistic missile submarines.

As a machinist's mate, Uhl is responsible for operating and maintaining the auxiliary engineering equipment aboard the submarine. > Read more.

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April 2017
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CAT Theatre, 319 N. Wilkinson Rd., will present “Jeeves Intervenes,” a comedic farce, March 17 to April 1. “Jeeves Intervenes” is a delightful romp full of deception and disguise based on the original P.G. Wodehouse stories. Starring Scott Bergman in the title role. Tickets are $23 in advance and $25 at the door (opening night is $33 to $35). For a complete performance schedule and to purchase tickets, visit http://www.cattheatre.com. Full text

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