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

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

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

NEW LEASES:

  • Best Distributing Co. has leased a 40,795 square foot industrial building on 5.38 acres at 1301 Production Road in Norfolk, VA. Michael Myers represented the tenant.
  • Quality Music has leased 7,800 square feet of retail space at Glenwood Square Shopping Center in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Appletree Kids has leased 4,950 square feet of retail space at 163 Mt. Pleasant Road in Chesapeake, VA. Bill Overman, CCIM and John Wessling, CCIM represented the tenant.
  • TitleMax of Virginia has leased 3,077 square feet of retail space at The Crossings at Deep Creek in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Goodman, Allen & Filetti, PLLC has leased 1,875 square feet of office space at Corporation Center II in Virginia Beach, VA. Mark B. Warlick, SIOR and Katie Hotta represented the tenant.
  • Mariner Finance has leased 1,700 square feet of retail space at JANAF Shopping Yard in Norfolk, VA. Michael Gurley represented the landlord.
  • AT & T has leased 1,503 square feet of retail space at JANAF Shopping Yard in Norfolk, VA. Michael Gurley represented the landlord.
  • 7-Eleven has leased 1,400 square feet of retail space in Midlothian Village Square in Midlothian, VA. Read F. Goode, Jr. represented the tenant.
  • Twister Sister Cupcakes has leased 1,200 square feet of retail space at 2408 Princess Anne Road in Virginia Beach, VA. Chris Zarpas represented the landlord and tenant.
  • Ausandra Chocolate Café has leased 1,100 square feet of retail space at Buckner Blvd. Retail Center in Virginia Beach, VA. Christopher Hucke represented the landlord.
  • Med-1 Inter-Facility Care, LLC has leased 1,044 square feet of office space at 4028 Cedar Lane in Portsmouth, VA. Andrew Myers represented the landlord.
  • Sassy Bee has leased 900 square feet of retail space at The Shoppes at Bellgrade in Richmond, VA. Bob Butcher represented the landlord.
  • Arrin Kuan has leased 675 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.

SALES:

  • The City of Virginia Beach has purchased London Bridge Commerce Center, an 18 acre mixed-used commercial property located at 130 London Bridge Road in Virginia Beach, Virginia from The Seay Family, LLC for $6,000,000. Chris Zarpas represented the seller.
  • 1301 Production, LLC has purchased 1301 Production Road, a 5.38 acre property containing 40,795 SF of industrial buildings in Norfolk Industrial Park in Norfolk, VA from NORSADO, LLC for $1,590,000. Michael Myers represented the seller.
  • Prime 103 Steakhouse, Inc. has purchased Jack's Bistro located at 972-A Laskin Road in Virginia Beach from Jack's Bistro, Inc. Ross A. Weinstein, Esq. represented the seller.

LEASE RENEWAL/EXTENSIONS:

  • Henrico Furniture has renewed its lease on 15,159 square feet of retail space in the Huguenot Village Shopping Center in Richmond, VA. Bob Butcher represented the landlord.
  • Murphy's Law has renewed its lease 7,600 square feet of retail space at the Chesterfield Meadows Shopping Center in Chesterfield, VA. Peter Bunin represented the landlord.
  • HEA Living has renewed its lease on 6,500 square feet of retail space at Quarterpath Crossing in Williamsburg, VA. Stephan Gordon represented the landlord.
  • Cash Converters has renewed its lease on 5,000 square feet of retail space at College Park Square in Virginia Beach, VA. Stephan Gordon represented the landlord.
  • Jessica Morgan School of Dance has renewed its lease on 3,610 square feet of retail space in the Huguenot Village Shopping Center in Richmond, VA. Bob Butcher represented the landlord.
  • Mattress Firm has extended their lease on 3,600 square feet of retail space at Little Creek & Tidewater Shops in Norfolk, VA. Christopher Hucke represented the landlord.
  • Bayport Credit Union has renewed its lease on 2,450 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Christopher Hucke represented the landlord.
  • The Athlete's Foot has extended its lease on 2,163 square feet of retail space at Suffolk Plaza in Suffolk, VA. Christopher Hucke represented the landlord.
  • Roanoke Valley Insurance has extended their lease on 1,500 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Michael Gurley represented the landlord.
  • Super Cuts II Barber Shop has extended their lease on 1,500 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Michael Gurley represented the landlord.
  • Bank @lantec has extended their lease on 1,250 square feet of retail space at Little Creek & Tidewater Shops in Norfolk, VA. Christopher Hucke represented the landlord.
  • Herb's Great American Hot Dogs has extended their lease on 1,200 square feet of retail space at Millwood Plaza Shopping Center in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Nails, Etc. has extended their lease on 900 square feet of retail space at Little Creek & Tidewater Shops in Norfolk, VA. Christopher Hucke represented the landlord.
  • Blinds Galore has renewed its lease on 990 square feet of retail space at Quarterpath Crossing in Williamsburg, VA. Stephan Gordon represented the landlord.
  • 1st Nails has renewed its lease on 800 square feet at WindsorMeade Marketplace in Williamsburg, VA. Stephan Gordon represented the landlord.
  • Billy's Shoe Repair has extended their lease on 750 square feet of retail space at Great Neck Village in Virginia Beach, VA. Tommy Drew represented the landlord.
  • Sasi Imports has extended their lease on 700 square feet of retail space at Great Neck Village in Virginia Beach, VA. Tommy Drew represented the landlord.

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.

 

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