Cushman & Wakefield | Thalhimer

What Cushman & Wakefield | Thalhimer does

Cushman & Wakefield | Thalhimer is a privately held commercial real estate services firm headquartered in Glen Allen, Virginia, founded in 1913 and operating as an independently owned member of the Cushman & Wakefield Alliance (parent: Cushman & Wakefield, NYSE: CWK). The firm provides a comprehensive suite of CRE services including investment sales, tenant representation, landlord representation, property management, project management, capital markets, and hospitality services across three core property verticals — industrial, office, and retail — with a separate multifamily management platform (Thalhimer Multifamily, TMF) operating across Virginia and North Carolina. Its go-to-market is built on a field-sales brokerage model: nearly 100 broker professionals deliver services across at least seven Virginia markets (Richmond, Fredericksburg, Lynchburg, Roanoke, Hampton Roads, Charlottesville, and the Virginia Beach/Newport News region), supported by approximately 545 total associates.

The firm's operating footprint in 2025 included over $2.04 billion in transactional volume across more than 1,880 transactions, a property portfolio of 56 million leasable square feet represented on behalf of clients, over 21 million square feet of commercial property under management, and nearly 13,000 multifamily units managed. Revenue is generated through transaction-based commissions on brokerage deals, recurring property management fees on managed square footage, and project management fees — no proprietary technology platform or AI-driven product is disclosed. Its competitive positioning rests on 110+ years of regional brand equity, dense local brokerage coverage, and global deal execution capability channeled through the Cushman & Wakefield Alliance.

Customer concentration is distributed across multiple property types and end-markets including real estate investors, education providers, healthcare operators, retail and manufacturing tenants, and multifamily owners. Recent strategic activity has focused on internal senior promotions, external hires to bolster operations and development services capacity, the April 2026 repositioning of TMF as an independent multifamily brand, and the capture of third-party management mandates tied to major Richmond-area portfolio transactions such as Stony Point.

Name

Cushman & Wakefield | Thalhimer

Legal name

Thalhimer

Website

https://thalhimer.com

Company type

Private

Founded year

1913

Operating status

Operating

Headcount range

251–500 employees

Short description

Cushman & Wakefield | Thalhimer is a Virginia-based commercial real estate services firm, founded in 1913, providing brokerage, property management, project management, and capital markets services across industrial, office, retail, and multifamily properties as a member of the Cushman & Wakefield Alliance.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (5312), Real Estate Property Managers (53131), Nonresidential Property Managers (531312)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industries

Warehousing & Logistics Facilities Brokerage (BPAJACAA), Multifamily Brokerage (BPAJABAD)

Keywords

• Commercial real estate services
• Commercial property management
• Tenant landlord representation
• Capital markets advisory
• Multifamily property management

Headquarters

HQ city

Glen Allen

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Commercial Real Estate Brokerage Services: Commission-based revenue from facilitating commercial real estate transactions including investment sales, property sales, and leasing transactions. Additional revenue from property management and project management services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Cushman & Wakefield | Thalhimer is a commercial real estate services firm providing commercial brokerage (tenant and landlord representation), commercial property management, project management, capital markets advisory, and multifamily third-party management across seven Virginia markets. The firm manages more than 21 million square feet of commercial property, a 56-million-square-foot leasable portfolio, and approximately 13,000 multifamily units, and recorded $2.04 billion in transaction volume in 2025.

Product overview

Cushman & Wakefield | Thalhimer is a commercial real estate services firm operating as a member of the Cushman & Wakefield Alliance. The company provides a comprehensive suite of property services organized around three core property types: Industrial Services, Office Services, and Retail Services. Each service line includes Investment Sales, Property Management, Tenant Representation, and Landlord Representation. Additional offerings include Capital Markets, Thalhimer Multifamily (a separate platform managing multifamily units), Hospitality, Development services, and Project Management. The firm operates across six Virginia markets: Richmond, Fredericksburg, Lynchburg, Roanoke, Hampton Roads, and Charlottesville.

Differentiator

Problem solved

Functional benefit

Brands

• Thalhimer Multifamily (TMF): Multifamily property management services platform managing nearly 13,000 multifamily units across Virginia and North Carolina.

Products and services

• Commercial Brokerage (Tenant & Landlord Representation)

Quantifiable outcome

• $2.04 billion in transactional volume in 2025
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Cushman & WakefieldflagshipStrategic or Co-development PartnerCushman & Wakefield | Thalhimer is an independently owned and operated firm and a member of the Cushman & Wakefield Alliance. This alliance allows the firm to leverage local knowledge with global resources, enabling strategic planning and implementation of fully customizable and flexible services. Parent firm is publicly traded on NYSE as CWK with global presence.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/thalhimer
• YouTubeyoutube.com/user/ThalhimerRealEstate
• Facebookfacebook.com/thalhimer
• LinkedInlinkedin.com/company/cushman-&-wakefield-thalhimer
• Instagraminstagram.com/thalhimer1913

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cushman & Wakefield | Thalhimer