RICHMOND, VIRGINIA, April 22, 2024 – Thalhimer Multifamily (TMF) is excited to announce that Crescent Communities and Thalhimer Realty Partners have awarded the management and leasing assignment for NOVEL Scott’s Addition in the City of Richmond, Virginia.

NOVEL Scott’s Addition, 2902 Arthur Ashe Blvd., sits at the northern edge of Richmond’s vibrant Scott’s Addition neighborhood, adjacent to The Diamond. The five-story wrap building with a seven-story corner pop-out will offer 275 for-rent residences, featuring a mix of studio, 1-, and 2-bedroom apartment homes with a limited number of unique loft homes making up the top floor.

This community is designed to blend the area’s vibrant personality with sophisticated and elevated living. Amenities will include a resort-style pool with an expansive pool deck and multiple dining and gathering spaces – including a fireside lounge, a library, co-working rooms, a dog park and spa, a Garden Dining Room, a Sky Deck, and even a resident speakeasy.

Drew Harbrecht, Senior Vice President, Thalhimer Multifamily comments, “Our focus on community-building and creating impactful living experiences is paramount as we bring an unparalleled product into the Richmond market.”

Robin Blackman of Thalhimer Multifamily has been named the portfolio manager for the apartment community and will oversee the property’s operations. NOVEL Scott’s Addition is now pre-leasing. For more information, visit NOVEL Scott’s Addition.

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 more than 450 associates. Thalhimer represents, on behalf of its clients, a property portfolio of 54 million leasable square feet, management of more than 27 million square feet of commercial property, and 10,000 multifamily units. In 2023, Thalhimer completed over 1,800 transactions with a transactional volume of more than $1.7 billion. Thalhimer is the region’s leading provider of 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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