Cushman & Wakefield | Thalhimer gets Colonial Williamsburg assignment

Published April 19, 2018 by Paula C. Squires

The Colonial Williamsburg Foundation has selected Cushman & Wakefield | Thalhimer as the exclusive leasing and commercial real estate services company for its real estate holdings in and around the Merchants Square district.

Colonial Williamsburg’s Historic Area and Art Museums and the campus of the College of William and Mary flank the area, located in downtown Williamsburg. Encompassing 10 city blocks, the mixed-use center includes 225,000-square-feet of retail, restaurant, entertainment, residential and specialty space and more than 30,000-square-feet of office space.

“Merchants Square has been a critical component of the overall Colonial Williamsburg guest experience, and its success is vital to the foundation’s mission,” Jeff Duncan, Colonial Williamsburg vice president of real estate, said in a statement.

Thalhimer said it would work with the foundation to create a five-year strategic master plan that enhances the economic value of its real estate holdings. “Our goal is to maximize the return of their real estate holdings in support of their mission,” Lee Warfield, Thalhimer’s CEO, said in a statement.

Thalhimer’s Dawn F. Griggs and Drew Haynie are leading the assignment. The partnership includes the launch of a new Williamsburg satellite leasing office for Thalhimer’s team in Merchants Square.