{"id":1004168288,"date":"2017-03-07T05:10:00","date_gmt":"2017-03-07T13:10:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004168288"},"modified":"2022-12-07T14:59:19","modified_gmt":"2022-12-07T22:59:19","slug":"richmond-marriott-short-pump-sells-for-39m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/richmond-marriott-short-pump-sells-for-39m\/","title":{"rendered":"Richmond Marriott Short Pump Sells for $39M"},"content":{"rendered":"

By Ariela Moraru<\/p>\n

\"Richmond<\/a>

Richmond Marriott Short Pump<\/p><\/div>\n

Richmond<\/strong>\u2014Lingerfelt CommonWealth Partners LLC sold the 243-key full-service Richmond Marriott Short Pump for $38.5 million to FPLC Richmond LLC, a partnership of regional investors.<\/p>\n

Commonwealth Lodging Management, the company’s hotel management affiliate, will continue to operate the hotel under the new ownership.\u00a0Hotel amenities include free Wi-Fi, mini-fridges, indoor pool, fitness center and over 7,000 square feet of venue space.<\/p>\n

Lingerfelt purchased the former Richmond Marriott West in June 2014. The hotel at 4240 Dominion Blvd. in Glen Allen, Va. had first opened its doors in 2001. In October 2015, Commonwealth Lodging completed a more than $11 million renovation.<\/p>\n

The property is located just off I-64 and I-295, with easy access to Short Pump Town Center and the University of Richmond.<\/p>\n

Image courtesy of Marriott<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Commonwealth Lodging Management will continue to operate the 243-key hotel.<\/p>\n","protected":false},"author":960,"featured_media":1004508295,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21751,21783,11,21742,36153],"tags":[33262,33877],"class_list":["post-1004168288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-hotel","category-investment","category-midatlantic","category-latest","category-richmond-hampton-roads","tag-lingerfelt-commonwealth-realty-partners-llc","tag-marriott"],"acf":[],"yoast_head":"\nRichmond Marriott Short Pump Sells for $39M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/richmond-marriott-short-pump-sells-for-39m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Richmond Marriott Short Pump Sells for $39M\" \/>\n<meta property=\"og:description\" content=\"Commonwealth Lodging Management will continue to operate the 243-key hotel.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/richmond-marriott-short-pump-sells-for-39m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-07T13:10:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T22:59:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Richmond-Marriott-Short-Pump.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"550\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ariela Moraru\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/richmond-marriott-short-pump-sells-for-39m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/richmond-marriott-short-pump-sells-for-39m\/\",\"name\":\"Richmond Marriott Short Pump Sells for $39M - 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