Lingerfelt Secures Major Lease at Ruffin Mill Distribution Center
Lingerfelt is excited to announce the signing of a substantial lease covering 233,359 square feet with Vital Records Control (VRC) at the renowned Ruffin Mill Distribution Center. This strategic move has successfully brought the center to full occupancy, showcasing a diversified range of 12 tenants.
Overview of Vital Records Control (VRC)
Vital Records Control, recognized as a pioneer in the field of records management, began its journey in 1981 in Memphis, TN. Starting with only a handful of employees and clients, the company quickly evolved and expanded its service offerings. Initially focused on offsite storage, VRC now expertly provides a variety of services tailored to protect essential information, including critical business records, confidential shredding, and digital workflow automation.
User-Centric Solutions
Today, VRC operates across over 200 markets in the United States, demonstrating its commitment to delivering timely and compliant services that safeguard vital information for clients nationwide and in the Bahamas. Their mission emphasizes accuracy and customer satisfaction in all aspects of their operations.
Ruffin Mill Distribution Center: A Prime Location
The Ruffin Mill Distribution Center, an impressive industrial facility spanning 868,601 square feet, features modern Class-A warehouse and distribution capabilities. This facility is strategically located within the vibrant Ruffin Mill/Ashton Creek industrial area, providing immediate access to major highways like I-95, ensuring efficient connectivity for logistical operations across the Greater Richmond region.
Recent Enhancements
In March 2023, Lingerfelt acquired the Ruffin Mill Distribution Center as part of a larger portfolio. Following the acquisition, a comprehensive capital improvement program was initiated, which involved extensive upgrades such as full roof replacements, asphalt refurbishing, building painting, and LED retrofitting. These improvements not only enhance the aesthetics but also significantly boost the operational efficiency of the facility.
Statements from Leadership
VRC's CEO, Danny Palo, expressed enthusiasm about the continuation of their partnership with Lingerfelt, stating, "This lease allows us to broaden our physical and digital storage solutions, reinforcing our commitment to the Richmond community."
Commitment to Growth
Rob Valentine, Principal at Lingerfelt, shared his appreciation for the partnership with VRC, emphasizing their dedication to supporting VRC's growth and operational expansion in the Richmond area. This collaboration marks a significant step forward for both organizations.
About Lingerfelt
Lingerfelt is a well-established real estate investment management firm operating in the Mid-Atlantic and Southeast United States. Beyond its impressive history dating back to the 1950s, Lingerfelt continues to build on its commendable reputation by searching for unique real estate opportunities that yield excellent returns for its investors and partners. With a portfolio exceeding 25 million square feet of commercial real estate valued over $3 billion, Lingerfelt remains a trusted name in the industry.
Commitment to Excellence
The firm's approach to real estate is characterized by a strong commitment to results and operational excellence, striving to enhance the environment and productivity of the spaces they manage.
About VRC
As a notable leader in records management, VRC has transformed significantly since its inception. With growth and innovation at its core, VRC remains dedicated to protecting critical business information and assets across various sectors. Their services now encompass a wider array of solutions, firmly establishing their footprint in the industry.
Visit VRC Online
For more information about their services and capabilities, you can visit www.vitalrecordscontrol.com.
Contact Information
For media inquiries, please reach out to Rob Valentine, Principal at Lingerfelt, via email at [email protected].
Frequently Asked Questions
What is Lingerfelt's recent lease announcement?
Lingerfelt announced a 233,359 square-foot lease with Vital Records Control at the Ruffin Mill Distribution Center, achieving full occupancy.
Who is Vital Records Control?
Vital Records Control, founded in 1981, specializes in records management solutions and operates across over 200 markets in the U.S. and the Bahamas.
What kind of upgrades were made to the Ruffin Mill Distribution Center?
Upgrades included roof replacements, asphalt refurbishing, building painting, and the installation of LED lighting, enhancing the facility's efficiency.
How does Lingerfelt support VRC's expansion?
Lingerfelt partners with VRC by providing them with modern facilities that enable growth in both physical and digital storage services.
Where can I learn more about Lingerfelt and VRC?
Visit Lingerfelt's website at www.lingerfelt.co and VRC's website at www.vitalrecordscontrol.com for more information.
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