CHARLOTTESVILLE, VIRGINIA, July 18, 2023 – Lo-Hi, LLC has purchased 915 E. High Street for $21.9 million from CFA Institute. CFA Institute will leaseback 47,000 square feet for its ongoing operations at the site. In doing so, CFA Institute reaffirms its presence and commitment to Charlottesville.

The building, the former Martha Jefferson hospital, is located at 915 East High Street in Charlottesville and has been home to CFA Institute since January 2014 after a major renovation of the building, which included many sustainability features.

Thalhimer has been awarded the leasing by Lo-Hi, LLC and the building will remain Class A office space. It is one of the best office buildings in Charlottesville, and the only Class A building near downtown with ample parking. Lo-Hi, LLC will also be opening Lo-Hi Coworking which will provide Charlottesville with private executive office space for 1-10 employee companies.

John Pritzlaff and Jenny Stoner of Cushman & Wakefield | Thalhimer handled the sale and lease negotiations on behalf of the Buyer and will handle the office space leasing going forward.

Additional Content: CFA Institute News Release

About Cushman & Wakefield | Thalhimer
Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville, and Lynchburg, Virginia. The company has nearly 100 broker professionals and employs nearly 425 associates. Thalhimer represents, on behalf of its clients, a property portfolio of nearly 55 million leasable square feet, and management of nearly 30 million square feet of commercial property, and over 9,000 multifamily units. In 2022, Thalhimer completed over 1,900 transactions with a transactional volume of more than $2.3 billion. Thalhimer is the region’s leading provider of comprehensive commercial real estate services. The firm offers comprehensive commercial real estate services including corporate services, investment sales, tenant representation, project management, asset management, and the sale and leasing of office, industrial and retail properties. To learn more, visit www.thalhimer.com.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In 2022, the firm reported revenue of $10.1 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG) and more. For additional information, visit www.cushmanwakefield.com.
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