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

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

Norfolk, VA - (March, 2011) - S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions for the Norfolk and Richmond Offices:

LEASES:

  • McDonald Garden Center has leased 29,232 SF of retail space at James York Plaza in Williamsburg, VA. Lindsay Shook represented the landlord.
  • Colony Tire Co. has leased 10,000 SF of warehouse space at 1157 Production Road in Norfolk, VA. Michael Myers handled the transaction.
  • Master Tool Repair has leased 4,465 SF of industrial space at 1244 Executive Blvd., Suite 101 in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the landlord and tenant.
  • Music and Arts Center has extended their lease on 4,000 SF of retail space at Lynnhaven Crossing in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Alion Science and Technology has leased 3,480 SF of retail space at Meadowbrook Shopping Center on Hampton Blvd. in Norfolk, VA. Tommy Drew represented the landlord.
  • Verizon Wireless has extended their lease on 3,000 SF of retail space at Suffolk Shopping Center in Suffolk, VA. Ron Rowe represented the landlord.
  • Stamps N Memories has extended their lease on 2,500 SF of retail space at Monticello Marketplace in Williamsburg, VA. Stephan Gordon represented the landlord.
  • Radio Shack extended their lease on 2,200 SF of retail space at Chesterfield Meadows Shopping Center in Chesterfield, VA. Peter Bunin represented the landlord.
  • Heather House Studios has extended their lease on 2,122 SF of retail space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.
  • Wine Lovers extended their lease on 2,000 SF of retail space at Short Pump Crossing Shopping Center in Henrico, VA. Peter Bunin represented the landlord.
  • Ntelos has extended their lease on 1,800 SF at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
  • Jeffrey Radio Shack has extended their lease on 1,795 SF of retail space at 2301 Colley Village in Norfolk, VA. Ron Rowe represented the landlord.
  • L. Marshall leased 1,700 SF of office space at Riverside Corporate Center on Corporate Blvd. in Norfolk, VA. Mark B. Warlick, SIOR represented the landlord.
  • Riclamar leased 1,250 SF of retail space at 728 High Street in Portsmouth, VA. Mark B. Warlick, SIOR represented the landlord.
  • Crossroads Travel has extended their leased on 1,200 SF of retail space at The Shoppes at Bellgrade in Midlothian, VA. Bob Butcher represented the landlord.
  • Fresh Catch Seafood extended their lease on 900 SF of retail space at Short Pump Crossing Shopping Center in Henrico, VA. Peter Bunin represented the landlord.
  • Lynn Shores Barber Shop has extended their lease on 750 SF of retail space at Lynn Shores Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Cotton & Taylor Insurance has extended their lease on 630 SF of retail space at Suffolk Plaza in Suffolk, VA. Ron Rowe represented the landlord.
  • Naked Dog has leased 550 SF of retail space at 508 N. Birdneck Road in Virginia Beach, VA. Chris Zarpas represented the landlord and tenant.
  • Carmicheal-Grant has leased 420 SF of office space in the Madison Office Building in Norfolk, VA. Doug Aronson represented the landlord and tenant.
  • Maid to Sparkle has leased 193 SF of office space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.

SALES:

  • O'Reilly Automotive, Inc. has purchased .70 acre located at 860 E. Little Creek Road in Norfolk Virginia from Shawn Michael Lozy Trust and Angela Lynn Lozy Trust for $466,500. Andrew Myers and Tommy Drew represented the seller.
  • O'Reilly Automotive, Inc. has purchased .54 acre located at 856 E. Little Creek Road in Norfolk, Virginia from SunTrust Bank for $255,000. Andrew Myers and Tommy Drew 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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