MIG Lynchburg Ventures Purchases 314 Jefferson Ridge Parkway Industrial Property For $17.5M

314 Jefferson Ridge Parkway is an industrial property situated on 31.08 acres in Lynchburg, VA. The asset comprises 231,708 square feet and has been sold for $17,500,000, translating to a price per square foot of $76.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $17,500,000
• Sale Date: 03/10/2026
• Buyer: MIG Lynchburg Ventures, LLC
• Seller: Riversedge Furniture Company, Inc
• Brokers: Danny Holly & Rett Turner - Cushman & Wakefield

In this transaction, Danny Holly and Rett Turner, both affiliated with Cushman & Wakefield, represented MIG Lynchburg Ventures, LLC as the buyer, facilitating the acquisition of the property.