**Lingerfelt and Davis Companies Launch 820,000-SF Industrial Project Near Richmond**
A joint venture between Lingerfelt and The Davis Companies has acquired 95 acres in Henrico County, Virginia, with plans to develop the 7 Hills Distribution Center — a Class A industrial project located just south of Richmond International Airport. The property is fully entitled for phased development and will ultimately deliver approximately 820,800 square feet across four warehouse and distribution buildings.
Phase I is scheduled to break ground in late summer and will involve significant site work, including the extension of 7 Hills Boulevard through the property. The initial construction will include Building 1, a 267,840-square-foot speculative facility with delivery expected in fall 2026.
“This is an exciting milestone that reflects our ongoing strategy of developing high-quality industrial assets in key growth corridors,” said Ryan Lingerfelt, CEO and CIO at Lingerfelt. “We’re proud to partner with Davis on this project and look forward to delivering much-needed Class A industrial space to the market.”
This development marks a major investment in the Richmond-area industrial sector, offering modern, well-located warehousing options to meet growing regional and national demand.
