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S.L Nusbaum Realty Co. Announces Completed Transactions for January 2012

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

Norfolk, VA - (February, 2012) - S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions for the Norfolk and Richmond Offices:

NEW LEASES:

  • Planet Fitness has leased 22,000 square feet of retail space at Holland Windsor Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Metal Skills, Inc. has leased 13,590 square feet of industrial space at 807 Florida Avenue in Portsmouth, VA. Michael Myers represented the landlord in this transaction.
  • Tokyo Fresh Asian Bistro & Bar has leased 7,100 square feet of retail space at the Wells Fargo Center in Norfolk, VA. Rickey Jacobson, Matthew Nusbaum and Sharon Swanberg represented the landlord.
  • Roland L. Carpenter has leased 2,600 square feet of flex warehouse space at 2100 Columbia Street in Portsmouth, VA. Chris Zarpas represented the landlord and tenant.
  • Crave has leased 2,500 square feet of retail space in the Virginia Center Marketplace Shopping Center in Glen Allen, VA. Peter Bunin represented the landlord; Read Goode represented the tenant.
  • Yo-Mix Frozen Yogurt Bar has leased 2,100 square feet of retail space at the Wells Fargo Center in Norfolk, VA. Rickey Jacobson, Matthew Nusbaum and Sharon Swanberg represented the landlord.
  • All Compute, LLC has leased 1,995 square feet of retail space at Great Neck Village in Virginia Beach, VA. Tommy Drew represented the landlord.
  • Buttercream Cupcakes Café has leased 1,615 square feet of retail space at Greenbrier Village in Chesapeake, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
  • Yorktown Chiropractic has leased 1,553 square feet of retail space at Washington Square in Grafton, VA. Stephan Gordon and Tyler Jacobson represented the landlord.
  • Stamp n Memories has leased 1,200 square feet of retail space at James York Plaza in Williamsburg, VA. Tyler Jacobson and Stephan Gordon represented the landlord.

SALES:

  • Lynnhaven River Investments, LLC has purchased .43 acre of land located at 2149 & 2150 Vista Circle in Virginia Beach, VA from Vista Circle Partners, LLC. J.C. Wynkoop represented the buyer.
  • Royal Retail Realty, LLC has purchased 5565 Virginia Beach Boulevard, a 34,000 square foot retail building located in Virginia Beach, VA from CS Commercial Properties, LLC for $2,750,000. Mark B. Warlick, SIOR represented the seller.
  • Robertson Accounting Group, LLC has purchased the business of Emery CPA and Financial Consulting located at 4037 Taylor Road, Suite D, in Chesapeake, VA from Emery Financial Consulting Group, LLC. Ross A. Weinstein, Esq. represented the seller.
  • Associated Services Corporation has purchased Mama's Wash & Dry, a 2,117 square foot free-standing retail building and business located at 2910 High Street in Portsmouth, VA from Barlyn & Company. Ross A. Weinstein, Esq. represented the seller.

LEASE RENEWAL/EXTENSIONS:

  • MovieLand has extended its lease on 3,600 square feet of retail space at College Park Square in Virginia Beach, VA. Stephan Gordon represented the landlord.
  • TLC Cleaners has extended its lease on 1,795 square feet of retail space at Washington Square in Grafton, VA. Tyler Jacobson and Stephan Gordon represented the landlord.
  • Norfolk Ice Cream Company has extended its lease on 1,397 square feet of retail space at ODU University Village Apartments in Norfolk, VA. Michael Gurley represented the landlord.
  • Richard Milburn School has extended its lease on 1,290 square feet of retail space at Courtyard at Providence in Virginia Beach, VA. Tommy Drew represented the landlord.
  • Paul Saunders, D.D.S., has extended his lease on 1,200 square feet of retail space in the Short Pump Crossing Shopping Center in Richmond, VA. Peter Bunin represented the landlord.
  • Jennifer Lalonde Events has extended its lease on 1,050 square feet of retail space at 508 N. Birdneck Rd. in Virginia Beach, VA. Chris Zarpas represented the landlord.
  • Vermani Insurance has extended its lease on 825 square feet of retail space at Buckner Retail Shops in Virginia Beach, VA. Christopher Hucke represented the landlord.

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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