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Warlick Receives Top Two Honors at Commercial Awards Banquet

For Immediate Release
Contact: Susan Childress Corporate Marketing Director 757.282.6505
SL Nusbaum X Team

Norfolk, VA - (March, 2010) - S.L. Nusbaum Realty Co. is pleased to announce that Mark B. Warlick, SIOR was presented with the Hunter A. Hogan, Jr. Award and the Deal of the Year Award at the Hampton Roads Realtors Association Commercial Alliance Achievement Awards Banquet held on February 25, 2010.

The Hunter A. Hogan, Jr. Award is presented annually to the top producing commercial broker in the region. This is the seventh time in the last fifteen years that Mr. Warlick has been the recipient of this distinguished award.

In 1997, the Hunter A. Hogan, Jr. award was instituted in memory of one of Hampton Roads' finest citizens and a past leader of our local commercial real estate industry…..Hunter A. Hogan, Jr. This award honor, bearing his name, is bestowed upon the individual that achieves the highest production in sales and or leasing in the commercial real estate industry in Southeastern Virginia.

The Deal of the Year Award is presented to the individual with the largest gross brokerage fee from a single sales or lease transaction during the calendar year.

In the award winning transaction, Mark B. Warlick, SIOR, represented the seller, James & Venice King, LLC, in the sale of 39.16 acres of land on Gum Road in Chesapeake, Virginia to Kings Pointe Associates, bringing a 14‐year listing to a close. Kings Pointe Associates has received City approval to develop two luxury residential communities on the site, which will provide over 400 new homes in the Western Branch section of Chesapeake. The property was originally part of a larger tract that was in place before being split off due to the construction on I‐664. The western portion of the site just off the interstate on‐ramp was previously sold and developed for a Holiday Inn Express.

The Commercial Alliance is a council within the Hampton Roads Realtors Association. This professional organization represents Commercial Realtors throughout the Southeastern Virginia Region who specialize in selling, leasing and managing commercial real estate. Member firms include Appraisers, Attorneys, Title Companies, Lenders, Developers, and other entities associated with commercial sales and leasing. The Commercial Alliance provides networking opportunities and serves as a business partner disseminating news and information to all its members while serving the needs of commercial professionals in Southeastern Virginia for well over 20 years.

With over 112 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.