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S.L. Nusbaum Realty Co. Announces Completed Transactions July-August 2010

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

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

LEASES:

  • Ishpi Information Technologies Inc. has leased 31,500 SF of office/warehouse space at Bridgeway Commerce Center in Suffolk, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
  • Dollar Tree Deals has leased 19,599 SF of retail space at JANAF Shopping Yard in Norfolk, VA. Michael Gurley represented the landlord.
  • OfficeMax has extended their lease on 18,000 SF of retail space at Hilltop North in Virginia Beach, VA. Richard Jacobson represented the landlord.
  • New Vision Worship Center, Inc. has leased 6,800 SF of office space at 4165 Pruden Blvd. in Suffolk, VA. Andrew Myers represented the landlord.
  • Rack Room Shoes has renewed their lease on 5,000 SF of retail space at Monticello Marketplace in Williamsburg, VA. Stephan Gordon represented the landlord.
  • ColorTyme has leased 4,488 SF of retail space at JANAF Shopping Yard in Norfolk, VA. Michael Gurley represented the landlord.
  • Cobalt Grill has renewed their leased on 4,000 SF of retail space in the Hilltop North Shopping Center in Virginia Beach. Richard Jacobson represented the landlord.
  • Aggio Medical has leased 3,325 SF of office/warehouse space at 901 Port Centre Parkway in Portsmouth, VA. Andrew Myers represented the landlord.
  • 8% Bail Bonding Company has leased 2,488 SF of office space at 2400 Princess Anne Road in Virginia Beach, VA. Chris Zarpas represented the landlord and tenant.
  • Past Times Business Center has leased 2,400 SF of retail space at College Park Square in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Cedarwood Chiropractic Clinic has renewed their lease on 2,305 SF of office space in the Duke-Grace Building in Norfolk, VA. Mark B. Warlick, SIOR represented the landlord.
  • Peking City Restaurant has leased 1,800 SF of retail space in the Great Neck Village Shopping Center in Virginia Beach, VA. Ron Rowe represented the landlord.
  • Aqua Salon & Spa has leased 1,500 SF of retail space at Loehmann's Plaza in Virginia Beach, VA. Michael Gurley represented the landlord.
  • David B for Hair has leased 1,500 SF of retail space at Lynnhaven Crossing in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Home Theater Innovations has renewed their leased on 1,345 SF of retail space at Greenbrier Village in Chesapeake, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
  • Royal Nails has leased 1,344 SF of retail space in the Smithfield Square Shopping Center in Smithfield, VA. Ron Rowe represented the landlord.
  • Nationwide Insurance has leased 1,200 SF of retail space at Great Neck Village Shopping Center in Virginia Beach, VA. Ron Rowe represented the landlord.
  • Post Net has leased 1,200 SF of retail space at the Ocean View Shopping Center in Norfolk, VA. Stephan Gordon represented the landlord.
  • Blinds Galore has leased 990 SF of retail space at Quarterpath Crossing in Williamsburg, VA. Stephan Gordon represented the landlord.
  • My Best Friend's Closet has leased 750 SF of retail space at 1637 Independence Blvd. in Virginia Beach, VA. Chris Zarpas represented the landlord and tenant.
  • JK Marshall, LLC has leased 693 SF of office space in the Madison Office Building in Norfolk, VA. Doug Aronson represented the landlord and tenant.
  • Parr Realty has leased 670 SF of office space at 508 N. Birdneck Road in Virginia Beach, VA. Chris Zarpas represented the landlord and tenant.
  • Long John Silver's has extended their ground leased at College Park Square in Virginia Beach, VA. Stephan Gordon represented the landlord.
  • Bojangles has ground leased an outparcel at Regency Hilltop in Virginia Beach, VA. Michael Gurley represented the landlord.

SALES:

  • CB & T AUG, LLC, a franchisee of Bojangles, has purchased a 2.54 acre outparcel at Wythe Creek Shoppes in Hampton, VA for $660,000. Bill Overman, CCIM and John Wessling, CCIM represented the buyer.
  • Kurt Wurth has purchased a 5,614 SF office building at 708 Rosemont Road in Virginia Beach, VA from Michael Bowerman. Chris Zarpas represented the buyer.
  • Patriot Development, LLC has purchased a 4,200 SF office building at 665 Aragona Blvd., in Virginia Beach, VA from The Runnymede Corporation for $240,000. Bill Overman, CCIM and John Wessling, CCIM 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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