2014 Transactional Volume Exceeds $2B — 34% Increase from $1.5B in 2013
RICHMOND, VIRGINIA: Cushman & Wakefield | Thalhimer is pleased to announce 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.