Charlotte office of Thalhimer looking for new home as Cushman deal closes

The Charlotte and Raleigh offices of Thalhimer are looking for a new firm as the Virginia-based Cushman & Wakefield affiliate plans to exit the two markets due to the merger of Cushman with DTZ. The $2 billion sale of Cushman & Wakefield to DTZ has now closed, and due to overlap with Cushman-owned offices in Charlotte and Raleigh, Thalhimer's offices in the two markets "will be looking for a new partner," a spokeswoman for the firm says. “Since the C&W/DTZ merger was announced 90 days ago, our…

Virginia firm closes on purchase of Providence Plaza

Armada Hoffler Properties Inc. has closed on its $26.2 million acquisition of the Providence Plaza mixed-use development. The company announced last month that it was under contract to purchase the three-building complex, located at the corner of Providence and Sharon Amity roads. Providence Plaza totals 103,000 square feet and is 97% occupied. It includes 54,000 square feet of office space and 49,000 square feet of retail space as well as a two-story parking garage with 256 spaces. The acquisition…