Cushman & Wakefield | Thalhimer 2014 Transactional Volume Exceeds $2 Billion
January 19, 2015
CHARLESTON, SC – Cushman & Wakefield | Thalhimer announced their 2014 transactional volume exceeds $2 billion, a 34% increase from 2013 overall volume of almost $1.5 billion. Robust activity in December pushed volume over two billion with more than 3.7 million square feet of sales and lease transactions for the month.
In December, the firm’s ten Virginia, North Carolina and South Carolina offices completed 126 lease transactions totaling over 1,600,000 square feet with a transactional value of over $119 million. Industrial building transactions of over 863,000 square feet accounted for the largest amount of space leased. Office and retail leases totaled more than 472,000 and 264,000 square feet respectively.
In addition, Cushman & Wakefield | Thalhimer reported 55 sale transactions in the month of December totaling over 2,104,000 square feet and over $147 million in sales volume.
ABOUT CUSHMAN & WAKEFIELD | THALHIMER. Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Lynchburg, VA; Charlotte, Raleigh, NC; Charleston, Greenville, SC. The company has over 130 broker professionals and employs over 400 associates with a property portfolio of over 62 million leasable square feet, and management of over 23,000,000 square feet of commercial property, and over 5,300 multifamily units. In 2013 Thalhimer completed over 2,000 transactions with a transactional volume of almost $1.5 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, construction management, project management, asset management, and the sale and leasing of office, industrial and retail properties. www.thalhimer.com
Cushman & Wakefield (C&W) is the world’s largest privately‐held commercial real estate services firm. The company advises and represents clients on all aspects of property occupancy and investment, and has established a preeminent position in the world’s major markets. Founded in 1917, it has 253 offices in 60 countries, employing more than 15,000 professionals. The firm has more than $3.7 billion in assets under management globally. A recognized leader in local and global real estate research, the firm publishes its market information and studies online at www.cushmanwakefield.com/knowledge.
