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

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

Norfolk, VA - (June, 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:

  • EOS Surfaces, LLC has leased a 28,597 square foot office/warehouse building at 301 E. 20th Street in Norfolk, VA. Michael Myers represented the landlord and Stephanie Sanker, CCIM, SIOR, Bill Overman, CCIM and John Wessling, CCIM represented the tenant.
  • Southern Castings and Masonry has subleased 13,560 square feet of industrial space at 1159 Lance Road in Norfolk, VA. Mark B. Warlick, SIOR represented the Sublessor.
  • Lucky Foot has leased 4,513 square feet of retail space at the Village at Swift Creek in Richmond, VA. Bob Butcher represented the landlord.
  •  Fresh Farms Café has leased 3,250 square feet of retail space at 328 Laskin Road in Virginia Beach, VA. Bill Overman, CCIM and John Wessling, CCIM represented the tenant.
  • PRA Holding I, LLC has leased 2,953 square feet of office space at Riverside Corporate Center in Norfolk, VA. Mark B. Warlick, SIOR represented the landlord.
  • Hickory Dental Arts has leased 1,800 square feet of retail space at Edinburgh Commons in Chesapeake, VA. Bill Overman, CCIM and John Wessling, CCIM represented the tenant.
  • Boost Mobile has leased 1,500 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Michael Gurley represented the landlord.
  • The Phone Guys has leased 1,320 square feet of retail space at College Park Square II in Virginia Beach, VA. Tyler Jacobson and Stephan Gordon represented the landlord.
  • Jimmy Johns has leased 1,600 square feet of retail space at Kemps River Crossing in Virginia Beach, VA. J.C. Wynkoop represented the tenant.
  • VA ABC has leased 1,600 square feet of retail space at Quarterpath Crossing in Williamsburg, VA. Stephan Gordon represented the landlord.
  • Subway has leased 1,200 square feet of retail space at Holland Windsor Crossing Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Laura Martin has leased 900 square feet of retail space at Short Pump Crossing in Richmond, VA. Peter Bunin represented the landlord.
  • MaryLynn Festa has leased 871 square feet of office space at Sycamore Square Shopping Center in Richmond, VA. Bob Butcher represented the landlord.

  SALES:

  • SOV Properties, d/b/a Steak n Shake, has purchased 1.13 acres at 2126 Mercury Boulevard in Hampton from MKD Automotive, Inc. for $800,000. Bill Overman, CCIM and John Wessling, CCIM represented the buyer.
  • SOV Properties, d/b/a Steak n Shake, has purchased 0.969 acre at 1676 General Booth Boulevard in Virginia Beach from Dam Neck Properties, LLLP for $1,250,000.  Richard Jacobson represented the seller and Bill Overman, CCIM and John Wessling, CCIM represented the buyer.

  LEASE RENEWAL/EXTENSIONS:

  • PCL Civil Contractors, Inc. has exercised its option on 4 acres of land at Steel Street Terminals in Chesapeake, VA. Chris Zarpas represented the tenant.
  • Barnes & Jernigan Jewelers has renewed its leased on 2,668 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Michael Gurley represented the landlord.
  • Albano Cleaners has extended its lease on 2,047 square feet of retail space at Thomas Corner Shopping Center in Norfolk, VA. Murray Rosenbach represented the landlord.
  • Wine Lovers has extended its lease on 2,000 square feet of retail space at Short Pump Crossing in Richmond, VA. Peter Bunin represented the landlord.
  • Approved Cash Advance Centers has extended its lease on 2,000 square feet of retail space at Thomas Corner Shopping Center in Norfolk, VA. Murray Rosenbach represented the landlord.
  • Queen African Hair Braiding has extended its lease on 1,544 square feet of retail space at Weblin Square Shopping Center in Virginia Beach, VA. Tommy Drew represented the landlord.
  • Hunan Express has extended its lease on 1,344 square feet of retail space at Smithfield Square Shopping Center in Smithfield, VA. Christopher Hucke represented the landlord.
  • Coastal Café has extended its lease on 1,200 square feet of retail space at Kempsville Plaza in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Goldbar Jewelers has renewed its lease on 1,020 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
  • Young's Alterations has extended its lease on 700 square feet of retail space at Huguenot Village Shopping Center in Richmond, 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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