RICHMOND, VIRGINIA:  Cushman & Wakefield | Thalhimer announces the firm’s eight Virginia and South Carolina offices completed 354 lease transactions totaling over 2.8 million square feet and a transactional value over $209.3 million during the first quarter of 2016. Industrial building transactions of more than 1,111,000 square feet accounted for the largest amount of space leased. Office and retail leases were over 670,000 square feet and 648,000 square feet respectively.
In addition, Thalhimer reported 70 sale transactions in the first quarter totaling over $170.8 million in sales volume. The sales included industrial, office and retail buildings, as well as land transactions. Overall, year-to-date volume exceeds $380 million.