Cushman & Wakefield | Thalhimer reports that the firm’s 10 Virginia, North Carolina and South Carolina offices completed 170 lease transactions totaling 1.1 million square feet square feet with a transactional value of more than $42.5 million during the month of May.
Industrial building transactions of 760,102 square feet accounted for the largest amount of space leased. Office and retail leases came to 185,293 and 183,411 square feet respectively. In addition, Richmond-based Thalhimer reported 31 sale transactions in May totaling more than $33.7 million in sales volume. Sales included industrial, office, retail buildings and land transactions.
Year-to-date, Cushman & Wakefield | Thalhimer says it has completed 723 lease transactions and 98 sale transactions valued in excess of $330 million.
In Virginia, Thalhimer has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke and Lynchburg. It also has offices in Charlotte and Raleigh, N.C. and in Charleston and Greenville, S.C. The company has a property portfolio of 47 million leasable square feet. In 2011, Thalhimer completed more than 1,880 transactions with a transactional volume in excess of $868 million dollars.
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