Cushman & Wakefield | Thalhimer Awarded Assignment for Proposed Class A Office/Parking Development in Charlottesville

6/2/16

Cushman & Wakefield | Thalhimer has been selected by Insite Properties to provide exclusive leasing services for the proposed new Class A office and parking deck development at 323 Second Street, SE in Charlottesville, VA. As the exclusive leasing representative for 323 Second Street, Cushman Wakefield | Thalhimer will lead the effort to lease the proposed 120,000 square foot class A office building, which is located just two blocks from the “Downtown Mall” in Downtown Charlottesville. The location is positioned within the city’s Strategic Investment Area (SIA) targeted by city planners as the future focus for new office, retail, and residential development that will extend the Downtown Mall in Historic Charlottesville.

323 Second Street will offer tenants a truly Class A office opportunity with 5 office floors of approximately 24,000 square feet each built on top of a 200 space 4-story parking structure. As such, the proposed building will feature the largest floorplates in the Charlottesville market, immediate access to the Downtown Mall, private on-site covered parking, and great views of Monticello and Charlottesville.

John Pritzlaff of Cushman & Wakefield | Thalhimer will be the exclusive leasing representative for the proposed project.

About Cushman & Wakefield | Thalhimer

Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville, and Lynchburg, VA; and Charleston, Greenville, SC. The company has over 100 broker professionals and employs over 400 associates. Thalhimer represents, on behalf of its clients, a property portfolio of over 48 million leasable square feet, and management of over 20 million square feet of commercial property, and over 6,100 multifamily units. In 2015 Thalhimer completed over 2,100 transactions with a transactional volume over $2 billion. Thalhimer is the region’s leading provider of comprehensive commercial real estate services. The firm offers comprehensive commercial real estate services including corporate services, investment sales, tenant representation, construction management, project management, asset management, and the sale and leasing of office, industrial and retail properties. To learn more, visit www.thalhimer.com or follow @Thalhimer on Twitter.

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About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. The firm’s 43,000 employees in more than 60 countries provide deep local and global insights that create significant value for occupiers and investors around the world. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

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