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S.L. Nusbaum Realty Co. Announces Completed Transactions for February 2010

For Immediate Release
Contact: Susan Childress Corporate Marketing Director schildress@slnusbaum.com 757.282.6505
SL Nusbaum X Team

Norfolk, VA - (March, 2010) - S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions:

LEASES:

  • Bojangles' Restaurant has ground leased a 32,000 SF outparcel at Regency Hilltop in Virginia Beach, VA. Michael Gurley represented the landlord.
  • Affordable & Luxury Tents has leased 17,505 SF of retail space at Linkhorn Shoppes in Virginia Beach, VA. Ron Rowe represented the landlord.
  • Hancock Fabrics has leased 12,505 SF of retail space at Loehmann's Plaza in Virginia Beach, VA. Michael Gurley represented the landlord.
  • Janelle's Special Events has leased 10,037 SF of office/warehouse space at 1244 Executive Boulevard in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the Landlord.
  • Goodwill of Central Virginia, Inc. has leased 10,010 SF of retail space at Washington Square in Grafton, VA. Lindsay Shook represented the landlord.
  • Weeks Marine, Inc. has extended their lease on 10,000 SF of office/warehouse space and leased an additional 3,325 SF at 901 Port Center Parkway in Portsmouth, VA. Andrew Myers represented the landlord and tenant.
  • Taylor's Do It Center has leased 7,000 SF of retail space at Creekside Village Shopping Center in Suffolk, VA. Bill Overman, CCIM and John Wessling represented the landlord.
  • Ninja Japanese Steakhouse & Sushi has leased 5,500 SF of retail space at Harbour View Marketplace in Suffolk, VA. J.C. Wynkoop represented the tenant.
  • Randall's Sports Bar & Grille has leased 5,465 SF at the Cascades in Virginia Beach, VA. Bill Overman, CCIM and John Wessling represented the landlord.
  • Hickory Chiropractic and Sports Rehabilitation Center, PLCC has leased 1,822 SF of office space at 676 N. Battlefield Blvd. in Chesapeake, VA. Doug Aronson represented the landlord.
  • George T. Gay has extended their lease in 1,290 SF of retail space in Suffolk Plaza Shopping Center in Suffolk, VA. Ron Rowe represented the landlord.
  • H & R Block has extended their lease on 1,200 SF of retail space at Ocean View Shopping Center and Stephan Gordon represented the landlord.
  • Shear Divine Hair Studio has extended their lease on 1,200 SF of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Mitch's Barber Shop has leased 987 SF at Linkhorn Shoppes in Virginia Beach, VA. Ron Rowe represented the landlord.
  • Infrasource Underground Construction has leased 900 SF of office space at Keep It Simple Suites in Suffolk, VA. Bill Overman, CCIM represented the landlord.
  • Alex W. Harrison has leased 900 SF of office space at Keep It Simple Suites in Suffolk, VA. Bill Overman, CCIM represented the landlord.
  • Urban Exchange has leased 825 SF of retail space in the Bucker Boulevard Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
  • Allstate has leased 825 SF of retail space at Buckner Boulevard Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
  • Lynnshores Barber has extended their lease on 750 SF of retail space at Lynnshores Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Top Nails has leased 700 SF of retail space at Great Neck Shopping Center in Virginia Beach, VA. Ron Rowe represented the landlord.

SALES

  • Bangliang, LLC has purchased a 10,938 SF retail building located at 11883 Jefferson Avenue in Newport News, VA from Kempshire II, LLC. Doug Aronson represented the buyer.
  • Lovato Electric, Inc. has purchased a 6,000 SF office/warehouse/showroom building on 2.2 acres, located at 2017 Georgetown Boulevard in Portsmouth, VA from Hadley Properties, LLC. Doug Aronson represented the seller.
  • A multiple location, Hampton Roads residential group home business and real estate was sold for $3.45 million (all other deal terms confidential). Ross Weinstein represented the seller and was the sole broker in this transaction.
  • Behavioral Interventions, Training and Evaluations, Inc. has purchased a 1,104 SF office/retail building located at 2108 Thoroughood Road in Virginia Beach, VA from Berryman Family Revocable Living Trust. Michael Myers represented the seller and Chris Zarpas represented the buyer.

With over 111 years of expertise in the real estate industry, S.L. Nusbaum Realty Co. manages, develops and provides sales and leasing services for shopping center projects, apartment communities, office and industrial properties throughout the Mid-Atlantic.

 

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