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

For Immediate Release
Contact: Susan Childress Corporate Marketing Director schildress@slnusbaum.com 757-282-6505
SL Nusbaum X Team

Norfolk, VA - (May, 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:

  • Virginia Paint has leased 6,974 square feet of retail space at J.A.N.A.F. Shopping Yard in Norfolk, VA. Michael Gurley represented the landlord.
  • R. Clinton Stackhouse, Jr. has leased 5,650 square feet of office space at Bridgeway Technology Center II in Suffolk, VA. Stephanie Sanker, CCIM, SIOR represented the tenant.
  • TitleMax has leased 4,240 square feet of retail space at 2007 S. Military Highway in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Affordable Dentures has leased 3,825 square feet of retail space at Loehmann's Plaza in Virginia Beach, VA. Michael Gurley represented the landlord.
  • Tokyo Grill has leased 3,000 square feet of retail space at College Park Square I in Virginia Beach, VA. Stephan Gordon and Tyler Jacobson represented the landlord.
  • Ynot Pizza has leased 2,577 square feet of retail space at the ODU First Floor Retail Shops in Norfolk, VA. Tommy Drew represented the landlord.
  • MASA Group, Inc. has leased 2,041 square feet of office space at 4560 South Boulevard in Virginia Beach, VA. Chris Zarpas represented the tenant.
  • Jimmy John's has leased 1,656 square feet of retail space at 2712 N. Mall Drive in Virginia Beach, VA. J.C. Wynkoop represented the tenant.
  • Colleen Kida has leased 1,375 square feet of retail space for her veterinary clinic in Chesterfield Meadows Shopping Center, Chesterfield, VA.  Peter Bunin represented the landlord. 
  • Farmers Insurance has leased 1,375 square feet of retail space in Chesterfield Meadows Shopping Center, Chesterfield, VA.  Peter Bunin represented the landlord. 
  • I Can Child Care has expanded into an additional 1,200 square feet of retail space at Wythe Creek Shoppes in Hampton, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
  • TJ Nails has leased 1,050 square feet of retail space at Indian River Shoppes in Chesapeake, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
  • Nail Time has expanded into an additional 1,000 square feet of retail space at Creekside Village in Suffolk, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
  • Blinds Galore has expanded into an additional 880 square feet of retail space located at Quarterpath Crossing in Williamsburg, VA. Stephan Gordon represented the landlord
  • Paint N Sip has leased 825 square feet of retail space at Buckner Retail Center in Virginia Beach, VA. Christopher Hucke represented the landlord.
  • Tidewater Cleaners has leased 750 square feet of retail space at Little Creek & Tidewater Shops in Norfolk, VA. Christopher Hucke represented the landlord.  

SALES:

  • George Street Corp. has purchased 5.04 acres, plus improvements, located at 3443 Virginia Beach Blvd., Virginia Beach, VA from Wiley Properties, LLC for $3,350,000. C. Cheyney Cole, Jr., CCIM represented the buyer and seller.
  • FreezePop LLC has purchased a 145,530 square foot industrial complex located at 190 County Street in Suffolk, VA from Nansemond Cold Storage Company, Inc. for $3,100,000. Michael Myers represented the seller.
  • Evans Investment Group, LLC has purchased a 10,000 square foot office/warehouse located at 3819 Holland Blvd. in Chesapeake, VA from Cavalier Properties for $965.000. Stephanie Sanker, CCIM, SIOR and John Profilet, SIOR represented the seller.
  • RJT, LLC has purchased a 12,631 square foot office/warehouse building located at 1122 Azalea Garden Road in Norfolk, VA from Cassco Ice & Cold Storage for $465,000. Stephanie Sanker, CCIM, SIOR represented the seller.
  • RR of America, LLC has purchased 1,932 square feet of retail space located at 748 & 750 Patton Street in Danville, VA from Stacy Sokas for $60,000. Chris Zarpas represented the buyer.

  LEASE RENEWALS/EXTENSIONS:

  • Internal Medicine has extended its lease on 5,200 square feet of retail space in the Chesterfield Meadows Shopping Center, Chesterfield, VA.  Peter Bunin represented the landlord.
  • I Can Child Care has extended its lease on 4,200 SF of retail space at Wythe Creek Shoppes in Hampton, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
  • Payless ShoeSource has extended its lease on 2,500 square feet of retail space at Monticello Marketplace in Williamsburg, VA. Stephan Gordon represented the landlord.
  • RadioShack has extended its lease on 2,400 square feet of retail space at Hilltop North in Virginia Beach, VA. Richard Jacobson represented the landlord.
  • Tidewater Interior has extended its lease on 1,650 square feet of retail space at Marketplace Shoppes in Williamsburg, VA. Stephan Gordon represented the landlord.
  • Office Express Plus has extended their lease on 1,344 square feet of retail space at Smithfield Square in Smithfield, VA, Christopher Hucke represented the landlord.
  • Nail Time has extended its lease on 1,000 SF of retail space at Creekside Village in Suffolk, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
  • Blinds Galore has extended its lease on 990 square feet of retail space located at Quarterpath Crossing in Williamsburg, VA. Stephan Gordon represented the landlord.
  • Pro Nails has extended its lease on 850 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Christopher Hucke represented the landlord.
  • Lynn Shores Barber Shop has extended its lease on 750 square feet of retail space at Lynn Shores Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Express PC Solutions has extended its lease on 630 square feet of retail space at Suffolk Plaza in Suffolk, VA. Christopher Hucke represented the landlord.
  • C&H Cleaners has extended its lease on 1,000 square feet of retail space in the Huguenot Village Shopping Center, Richmond, VA.  Bob Butcher represented the landlord. 
  • Pampered Paws has extended its lease on 816 square feet of retail space in the Huguenot Village Shopping Center, Richmond, VA.  Bob Butcher represented the landlord. 
  • Nationwide Insurance-Newell Anderson has extended its lease on 810 square feet of retail space in Sycamore Square Shopping Center, Midlothian, VA.  Bob Butcher 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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