Category Archives: Cushman & Wakefield | Thalhimer

New Owners for Richmond’s 110-Year-Old Mutual Building, Maritime Square Building in Newport News

One of Richmond’s first high-rise office buildings has recently changed hands. Parmenter Realty Partners has sold the Mutual Building to 909 Main, LLC, an entity associated with Shamin Hotels, for $3,275,000. Continue reading

Posted in Acquisitions/Dispositions, Brokers, Commercial, Cushman & Wakefield | Thalhimer, Hampton Roads, Local, National, Newport News, Office, Regional, Richmond, Richmond-Hampton Roads, Richmond-Hampton Roads Lead Story, sale | Leave a comment

Richmond’s Short Pump Submarket Gears Up for Robust 2014

By Adrian Maties, Associate Editor Cushman & Wakefield | Thalhimer projects that 2014 will be a good year for the Richmond retail market. As retailers and restaurants plan to grow and expand, a trend that started in 2013 and is expected to continue in 2014, the market will see stepped-up activity. It ended 2013 with [...] Continue reading

Posted in Acquisitions/Dispositions, Brokers, Commercial, Commercial-Real-Estate, Cushman & Wakefield | Thalhimer, Developers, Development, economy, Leasing, Local, National, NVRetail, Regional, Retail, Richmond, Richmond-Hampton Roads, Richmond-Hampton Roads Lead Story, Short Pump, Short Pump Town Center, West Broad Marketplace | Leave a comment

Liberty Property Trust Renews 196KSF Industrial Leases in Charlotte

Liberty Property Trust, an $8.4 billion office and industrial property REIT, has announced renewing multiple leases across its Charlotte portfolio, keeping its occupancy steady 99 percent. Continue reading

Posted in Acquisitions/Dispositions, Brokers, Bryan Blyth, charlotte, Charlotte industrial market, Charlotte Lead Story, Colliers International, Crosspoint Center, Cushman & Wakefield | Thalhimer, decreasing vacancies, Industrial, lease renewal, Leasing, Liberty Property Trust, Local, National, Novitex Enterprise Solutions Inc., Owners, Perimeter West, Regional, REIT, rental rate, Rooms to Go, Warren Snowdon | Leave a comment

Liberty Property Trust Renews 196KSF Industrial Leases in Charlotte

Liberty Property Trust, an $8.4 billion office and industrial property REIT, has announced renewing multiple leases across its Charlotte portfolio, keeping its occupancy steady 99 percent. Continue reading

Posted in Acquisitions/Dispositions, Brokers, Bryan Blyth, charlotte, Charlotte industrial market, Charlotte Lead Story, Colliers International, Crosspoint Center, Cushman & Wakefield | Thalhimer, decreasing vacancies, Industrial, lease renewal, Leasing, Liberty Property Trust, Local, National, Novitex Enterprise Solutions Inc., Owners, Perimeter West, Regional, REIT, rental rate, Rooms to Go, Warren Snowdon | Leave a comment

Shamin Hotels Buys 700 Building for $7M; Plans to Plant 2 Hilton Flags

By Adrian Maties, Associate Editor The 18-story office building at 700 East Main St. in Richmond’s central business district has experienced hard times in recent years, but it about to get a new lease on life. Shamin Hotels, the Richmond region’s largest hospitality operator, has acquired the 181,000-square-foot building for $7 million and plans to [...] Continue reading

Posted in 700 Building, Architecture/Design, BH Properties, Cushman & Wakefield | Thalhimer, Development, Gareth Jones, Hampton Inn & Suites, Homewood Suites, Hospitality, Jimmy Appich, Jones Lang LaSalle Inc., Mark Douglas, Office, Property Management, Property Shark, Richmond, Richmond-Hampton Roads, Richmond-Hampton Roads Lead Story, Shamin, Wells Fargo | Leave a comment

Shamin Hotels Buys 700 Building for $7M, Plans to Plant 2 Hilton Flags

The 18-story office building at 700 East Main Street in Richmond’s Central Business District failed to lease any space to new tenants in recent years but it seems it is about to get a new lease on life. The property was sold to Shamin Hotels, the Richmond region’s largest hotel operator, and will be converted into two Hilton-branded hotels. Continue reading

Posted in 700 Building, 700 East Main Street, Acquisitions/Dispositions, Architecture/Design, BH Properties, Brokers, Commercial, Commercial-Real-Estate, Cushman & Wakefield | Thalhimer, Developers, Development, Gareth Jones, Hampton Inn & Suites, Homewood Suites, Hospitality, hotel, Jimmy Appich, Jones Lang LaSalle, Local, Mark E. Douglas, Office, Richmond, Richmond-Hampton Roads, Richmond-Hampton Roads Lead Story, Shamin Hotels | Leave a comment