Local brokers changing teams

Kevin South

Kevin South

Four established Richmond commercial real estate brokers have left their respective firms in recent weeks for local rivals.

Cushman & Wakefield | Thalhimer on Tuesday announced it nabbed Kevin South and David Crawford from CBRE | Richmond.

And earlier this month, Harrison Hall and Peter Vick, who were part of the founding group of NAI Eagle, left for Divaris Real Estate’s Richmond office.

Crawford had been with CBRE for 15 years and will now focus on retail site selection, land sales, and landlord and tenant representation at Thalhimer. South had been with CBRE for three years and will work to grow the retail portfolio for Thalhimer’s development arm, Thalhimer Realty Partners.

They said they were attracted to sign on with Thalhimer because of its prominence in the Richmond retail scene.

Lee Warfield, Thalhimer’s president and CEO, said the new additions are meant to strengthen the company’s retail operations. He noted that South and Crawford have decades of brokerage experience between the two of them.

David Crawford

David Crawford

“It’s really rare that you see these types of transitions for established brokers,” Warfield said. “You don’t see it often with top tier brokers. You’ve got to have that mutual respect.”

Like South and Crawford, Hall and Vick have plenty of experience in the Richmond retail scene. They were part of the initial group that launched NAI Eagle, the commercial real estate brokerage arm of the Eagle Companies in 2010. The bulk of the Eagle Companies was acquired by the investment arm of local insurance giant Markel in 2013.

Hall said he and Vick were attracted to join Divaris because of its strong retail presence in Richmond, Virginia Beach – where Divaris has its headquarters – and elsewhere in the Southeast.

“It was a very difficult decision to leave Eagle but the opportunity at Divaris was one that we couldn’t turn away from,” Hall said. “Our focus is retail and they have a very strong retail presence. We see this as a long-term fit.”

Hall said he and Vick have brought along some of the work they had with NAI Eagle including the listing for GreenGate, a development owned by Markel | Eagle Partners, a private equity arm of the Eagle Companies.

Hall said with the commercial real estate market seeing more activity, more brokers are switching firms.

“There has definitely been some movement in recent months,” he said. “I think you’ll continue to see some movement.”

Kevin South

Kevin South

Four established Richmond commercial real estate brokers have left their respective firms in recent weeks for local rivals.

Cushman & Wakefield | Thalhimer on Tuesday announced it nabbed Kevin South and David Crawford from CBRE | Richmond.

And earlier this month, Harrison Hall and Peter Vick, who were part of the founding group of NAI Eagle, left for Divaris Real Estate’s Richmond office.

Crawford had been with CBRE for 15 years and will now focus on retail site selection, land sales, and landlord and tenant representation at Thalhimer. South had been with CBRE for three years and will work to grow the retail portfolio for Thalhimer’s development arm, Thalhimer Realty Partners.

They said they were attracted to sign on with Thalhimer because of its prominence in the Richmond retail scene.

Lee Warfield, Thalhimer’s president and CEO, said the new additions are meant to strengthen the company’s retail operations. He noted that South and Crawford have decades of brokerage experience between the two of them.

David Crawford

David Crawford

“It’s really rare that you see these types of transitions for established brokers,” Warfield said. “You don’t see it often with top tier brokers. You’ve got to have that mutual respect.”

Like South and Crawford, Hall and Vick have plenty of experience in the Richmond retail scene. They were part of the initial group that launched NAI Eagle, the commercial real estate brokerage arm of the Eagle Companies in 2010. The bulk of the Eagle Companies was acquired by the investment arm of local insurance giant Markel in 2013.

Hall said he and Vick were attracted to join Divaris because of its strong retail presence in Richmond, Virginia Beach – where Divaris has its headquarters – and elsewhere in the Southeast.

“It was a very difficult decision to leave Eagle but the opportunity at Divaris was one that we couldn’t turn away from,” Hall said. “Our focus is retail and they have a very strong retail presence. We see this as a long-term fit.”

Hall said he and Vick have brought along some of the work they had with NAI Eagle including the listing for GreenGate, a development owned by Markel | Eagle Partners, a private equity arm of the Eagle Companies.

Hall said with the commercial real estate market seeing more activity, more brokers are switching firms.

“There has definitely been some movement in recent months,” he said. “I think you’ll continue to see some movement.”

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