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S.L. Nusbaum Realty Co. Announces Completed Transactions for November 2011

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

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

LEASES:

  • Wal-Mart Stores East, LP has leased 45,500 SF of industrial space at 513 Viking Drive in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and John Profilet, SIOR represented the landlord.
  • Goodwill of Central Virginia, Inc. has renewed their lease on 18,370 SF of retail space at 3838 Virginia Beach Blvd. in Virginia Beach, VA. Mark B. Warlick, SIOR represented the landlord.
  • Askew Industrial Corporation has leased 6,600 SF of office/warehouse space at 911 Live Oak Drive, Suite 104, in Chesapeake, VA. Andrew Myers represented the tenant.
  • Mattress Discounters has leased 5,100 SF of retail space at the Marketplace at Southern Shores in Southern Shores, NC. Chris Hucke represented the tenant.
  • Crab Louie's Seafood Tavern has extended their lease on 4,651 SF of retail space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.
  • Cox Communications has leased 4,152 SF of retail space at JANAF Shopping Yard in Norfolk, VA. Michael Gurley represented the landlord.
  • Awful Arthur's Seafood Restaurant has leased 4,040 SF of retail space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.
  • Horizon Services, LLC has leased 3,500 SF of office space at 1157 S. Military Highway in Chesapeake, VA. Doug Aronson represented the landlord.
  • Moon Asian Bistro has leased 3,500 SF of retail space at Monticello Marketplace in Williamsburg, VA. Stephan Gordon represented the landlord.
  • Anami Group LLC, d/b/a Worldwide Furniture Direct, has leased 3,480 SF of office/warehouse space at 1021 Executive Boulevard, Suite 102, in Chesapeake, VA. Andrew Myers represented the landlord.
  • Oui Nail Space has leased 3,450 SF of retail space at JANAF Shopping Yard in Norfolk, VA. Michael Gurley represented the landlord.
  • Beauty 21 has extended their lease on 3,200 SF of retail space at Holland Windsor Shopping Center in Virginia Beach, VA. Michael Gurley represented the landlord.
  • Hampton Roads Landscaping has leased 2,025 SF of office/warehouse space and approximately 10,000 SF of fenced yard at 600 North Witchduck Road in Virginia Beach, VA. Chris Zarpas represented the landlord and tenant.
  • Tropical Smoothie Café has renewed their lease on 1,800 SF of retail space at WindsorMeade Marketplace in Williamsburg, VA. Stephan Gordon represented the landlord.
  • Wireless Revolution has extended their lease on 1,600 SF of retail space at Glenwood Square II in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Music Makers has renewed their lease on 1,500 SF of retail space at James York Plaza in Williamsburg, VA. Lindsay Shook represented the Landlord
  • TitleMax of Virginia, Inc. has leased 1,466 SF of retail space at 13747 Warwick Boulevard in Newport News, VA. Doug Aronson represented the landlord.
  • Sycamore Pewter & Gifts has extended their lease on 1,300 SF of retail space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.
  • School of Art has leased 1,200 SF of retail space at WindsorMeade Marketplace in Williamsburg, VA. Stephan Gordon represented the landlord.
  • Sassy Nails has leased 1,200 SF of retail space at Regency Hilltop in Virginia Beach, VA. Michael Gurley represented the landlord.
  • Precision Kutts has extended their lease on 1,200 SF of retail space at Weblin Square in Virginia Beach, VA. Ron Rowe represented the landlord.
  • Textbook Brokers has leased 1,054 SF of retail space at the Madison Office Building in Norfolk, VA. Doug Aronson represented the landlord and tenant.
  • The Madison Loft and Terrace has leased 828 SF of office space at the Madison Office Building in Norfolk, VA. Doug Aronson represented the landlord and tenant.

SALES:

  • Planrite, LLC has purchased Great Bridge BBQ (business only) located at 800 Battlefield Blvd, Suite 112 in Chesapeake, VA from Great Bridge BBQ, LLC. Ross Weinstein, Esq. represented the seller.
  • 201 Dexter, LLC has purchased a 457,501 SF industrial building on 21 acres at 201 Dexter Street in Chesapeake, VA from Chesapeake Hardwood Products for $6,000,000. Stephanie Sanker, CCIM, SIOR represented the buyer.
  • Grand Furniture has purchased a 34,186 SF retail building at 5133 Virginia Beach Boulevard in Virginia Beach, VA from Winwood Properties, LLC for $3,685,000. Katie Hotta, John Wessling, CCIM and Bill Overman, 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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