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Thalhimer rebrands property management division
Cushman & Wakefield | Thalhimer is rebranding its residential property management division from Residential Property Services to Thalhimer Multifamily (TMF), the real estate firm announced Thursday. TMF is Thalhimer’s largest operating group, employing more than 200 people and managing more than 9,100 multifamily units across Virginia and North Carolina. “Our firm’s strategic plan em[...]
Blacksburg apartments sell for $4.75M
Ridgeview Apartments in Blacksburg have been sold for $4.75 million, Cushman & Wakefield | Thalhimer announced Thursday. The 96-unit community is located at 768 Triangle St. in Blacksburg. Ridgeview Apts. Land Trust sold the community to GFI Ridgeview LLC, which intends to renovate the units. Clay Taylor of Cushman & Wakefield | Thalhimer’s Capital Markets […]
Norfolk warehouse sells for $9M
A warehouse in Norfolk has been sold for $9 million, Cushman & Wakefield | Thalhimer announced June 6. Selko Real Estate Ventures LLC purchased the 109,609-square-foot industrial building from NorfolkCo LLC as an investment. The property is leased to American Tire Distributors (ATD) as the company’s Hampton Roads tire warehouse and distribution center. The warehouse […]
Henrico office, warehouse building sells for $12.4M
A flexible property with warehouse and lab buildouts in Henrico County sold for $12.4 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. Located at 8040 Villa Park Drive in the Villa Park Business Park, Villa Park I is a 74,862-square-foot property. The property was 94% leased at the time of the sale, […]
78-unit apartment complex planned for Petersburg
A 78-unit apartment complex will be developed on a four-acre piece of land recently purchased in Petersburg, Colliers announced Thursday. Thalhimer Realty Partners purchased the High Street Land Development from Monroe Properties for $875,000, according to Colliers. Thalhimer will develop the apartments across two phases: With construction starting in 2023, the first phase will feature […]
Chesterfield medical office building sells for $12M
A medical office building in Chesterfield County sold for $12.25 million, Cushman & Wakefield | Thalhimer announced March 23. Located at 7300 Ashlake Parkway, the 27,606-square-foot property is 100% leased to four tenants: Vital Care Family Practice, LabCorp, James River Cardiology and Absolute Dermatology & Skin Cancer Center. Nashville, Tennessee-based Montecito Medical Real Estate bough[...]
Cushman & Wakefield | Thalhimer name SVP, commercial property services
Amy Marsden has joined the Cushman & Wakefield | Thalhimer Richmond office as senior vice president of commercial property services, the real estate firm announced Wednesday. The firm’s Commercial Property Services sector manages more than 30 million square feet. Marsden was most recently a senior area director with The RMR Group, a role in which […]
65 acres in Greene County sell for $4.55M
Sixty-five acres in Ruckersville, in Greene County, sold for $4.55 million, Cushman & Wakefield | Thalhimer announced Monday. Merrit Greene LLC bought the acreage, located at 7070 Seminole Trail, from LAMM Properties LLC for future mixed-use development. John Pritzlaff and Jenny Stoner with Cushman & Wakefield | Thalhimer handled the sale on behalf of the […]
Cushman & Wakefield acquires Thalhimer’s S.C. operations
Chicago-based real estate firm Cushman & Wakefield announced last week that it had acquired the South Carolina operations of its alliance member, Glen Allen-based Morton G. Thalhimer Inc. The acquisition includes three offices located in Charleston, Greenville and Columbia. Financial details of the transaction were not disclosed. “We are thrilled to have Thalhimer’s South Carolina [&hellip[...]
Suffolk retail property sells for $4.5M
A Suffolk retail property leased to Goodwill of Central and Coastal Virginia sold for $4.5 million, Cushman & Wakefield | Thalhimer announced Thursday. Located at 2901 Godwin Blvd., the single tenant, net-leased property is 15,477 square feet. Stablewood Properties LLC purchased the property from Good Partners LLC. Clark Simpson and Chris Rouzie with Thalhimer handled […]
Dominion Business Center in Chesapeake sells for $5M
The two-building Dominion Business Center in Chesapeake sold for $5 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Aug. 16. Located at 1001, 1005 and 1009 Scenic Parkway, Dominion Business Center sits on about 21 acres within the 325-acre Dominion Commerce Park. The center is 90% leased to a group of 15 office […]
Virginia Beach office property sells for $1M
CR Assets LLC has purchased a 5,040-square-foot office building in Virginia Beach for $1 million, Cushman & Wakefield | Thalhimer announced on Monday. Located at 4598 Broad St., the building will serve as the future corporate headquarters of Canzell Realty. It was sold by Broad Street Associates. The sale closed on April 8. Rob Wright […]
