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Over 10.1 MSF in Transactions Completed Mid-Year 2016; YTD Volume Exceeds $665M

RICHMOND, VIRGINIA:  Cushman & Wakefield | Thalhimer announces the firm’s eight Virginia and South Carolina offices completed 795 lease transactions totaling nearly 7.4 million square feet and a transactional value nearly $410 million during the first half of 2016. Industrial building transactions of more than 4,100,000 square feet accounted for the largest amount of space leased. Office and retail leases were over 1,500,000 square feet and 1,300,000 square feet respectively.
In addition, Thalhimer reported 141 sale transactions in the first half of 2016 totaling over $255,937,000 million in sales volume. The sales included industrial, office and retail buildings, as well as land transactions. Overall, year-to-date volume exceeds $665 million.

Written on July 19, 2016