Lo-Hi, LLC Acquires Former Martha Jefferson Hospital In Charlottesville For $21.9M

Lo-Hi, LLC has acquired 915 East High Street, an office property located in Charlottesville, VA, for a total sale price of $21,900,000. The property was previously owned by CFA Institute. As part of the deal, CFA Institute will lease back 47,000 square feet of the space for their ongoing operations, demonstrating their continued commitment to the area.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $21,900,000
• Address: 915 East High Street, Charlottesville, VA
• Seller: CFA Institute
• Buyer: Lo-Hi, LLC
• Brokers: John Pritzlaff & Jenny Stoner - Cushman & Wakefield

John Pritzlaff and Jenny Stoner from Cushman & Wakefield facilitated the transaction as brokers. The acquisition of 915 East High Street provides Lo-Hi, LLC with a valuable office asset in Charlottesville, VA. This deal signifies the ongoing growth and development in the area, as well as the trust and confidence that both CFA Institute and Lo-Hi, LLC have in the local market.