RICHMOND, VIRGINIA – Cushman & Wakefield | Thalhimer is pleased to announce effective April 30, 2020 the company became 100% employee-owned through its Employee Stock Ownership Plan (ESOP). The ESOP is a qualified retirement plan offered in addition to the company’s 401K plan and match. The ESOP generates retirement benefits for Thalhimer’s 500+ employee-owners.

Announcing the ESOP milestone to employees, Lee Warfield, President & CEO of Cushman & Wakefield | Thalhimer, said, “This is the culmination of our long-term strategic plan to create a sustainable and efficient ownership model that provides financial benefit to ALL associates. Every one of our employee-owners will benefit from the continued success of our firm.”

Being 100% employee-owned is part of Cushman & Wakefield | Thalhimer’s continued efforts to become the employer of choice. The company’s benefits are market-leading and include medical and dental insurance, company-paid life insurance, generous paid time off, 401K savings plan and company match, Summer Fridays, Thalhimer Points, and Thalhimer Gives. Thalhimer is committed to its investment in people and platform.

“We are excited to be the only commercial real estate firm in Virginia that is 100% employee-owned through its ESOP,” stated Warfield. “I’d like to thank our associates for their dedication to the firm as we look forward to growing the value of the company together,” added Warfield.

Written on August 5, 2020