CFA Institute Announces Sale and Partial Leaseback of Charlottesville Office

CFA Institute, the global association of investment professionals, announces that it has sold its Charlottesville office and will leaseback 47,000 square feet of the building for its ongoing operations from Lo-Hi, LLC. In doing so, CFA Institute reaffirms its presence and commitment to Charlottesville.

“We are very pleased to be maintaining our presence at 915 East High Street in Charlottesville, where a significant portion of our workforce lives and works,” said Marty Colburn, Managing Director, Chief Operating Officer, CFA Institute. “We will take this opportunity to build out our office space in a more modern design and in keeping with the dynamic work environment brought on by hybrid work arrangements. We are excited to be developing a leading-edge work environment, and we are delighted to be doing so right here in 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 of 2014 after a major renovation of the building, which included many sustainability features. Following the renovations, in 2014 the Charlottesville facility was awarded the Gold certification for Leadership in Energy and Environmental Design (LEED) by the U.S. Green Building Certification Institute.

CFA Institute originally established its presence in Charlottesville on the grounds of the University of Virginia in the early 1960s.