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Washington DC  + DC Metro  + Industrial  | 

Davis, Lingerfelt Joint Venture to Develop Richmond Industrial Site 

The Davis Companies and Lingerfelt have formed a joint venture to develop the Carmel Church Business Center, a Class A industrial project in Caroline County, Virginia.  

“We believe the Ruther Glen interchange in Caroline County is one of the most strategic locations along the I-95 corridor from Petersburg to Woodbridge,” said John Mason, Senior Vice President at Lingerfelt. “Not only does this location provide users convenient service to the Richmond MSA and south, but it also provides coverage well into the northern Virginia region, at occupancy costs which are much less than those northern markets.”  

The project will provide 325,500 square feet of warehouse space upon completion. This venture marks Davis’ third industrial investment in Virginia and first in the southern part of the state. The site is expected to be delivered in Q2 2024. 


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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

  • ◦Development
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