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Washington DC & Mid-Atlantic  + DC Metro  + Office  |  May 3, 2022
Flagship Healthcare Trust has acquired a Class A, fully leased medical office building in Richmond, VA.
Lisa McDuffie
By: Lisa McDuffie

Flagship Healthcare Purchases Fully Leased Medical Office in Richmond

Charlotte, NC-based Flagship Healthcare Trust has acquired the Blair Building, a Class A, fully leased medical office building in Richmond, VA.

Financing for the acquisition was provided by CIT Bank, a division of First-Citizens Bank & Trust Company.

The Blair Building is fully occupied on long-term leases by the prominent medical practices of Virginia Cancer Institute VCI and Virginia Cardiovascular Specialist.

The 35,000-square foot property is located at 8007 Discovery Drive in the northeast quadrant of the city, just off Interstate 64 along a healthcare and commercial corridor. Nearby is the 340-bed Henrico Doctor’s Hospital, an affiliate of HCA Health Services of Virginia and several specialty medical practices.

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Flagship Healthcare Trust

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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