Industries Commercial Real Estate

Thalhimer reports uptick in transactional volume

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Cushman & Wakefield | Thalhimer reported a robust month of sale and lease transactions in November of more than 3. 3 million square feet. 

According to the Richmond-based company, the firm’s ten Virginia, North Carolina and South Carolina offices completed 164 lease transactions totaling 1,364,315 square feet with a transactional value of more than $65 million during the month of November. 

Industrial building transactions of 817,574 square feet accounted for the largest amount of space leased.  Office and retail leases totaled 369,353 and 177,388 square feet respectively.

In addition, Thalhimer reported 17 sale transactions in November totaling more than 1,945,000 square feet and over $86 million in sales volume. 

Overall, year-to-date volume exceeds $1.37 billion, surpassing 2012 total volume of $1.15 billion.

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