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S.L. NUSBAUM REALTY CO. ANNOUNCES $12 MILLION IN COMPLETED TRANSACTIONS FOR AUGUST 2019

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

NORFOLK, VA – (September 2019) S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $12 million in sales and lease volume on 193,791 square feet and approximately 12 acres for the Norfolk and Richmond Offices:

NEW LEASES:

  • Taylor’s Do It Center/Pleasant's Hardware has leased 11,288 square feet of retail space at 9520 Chamberlayne Road in Mechanicsville, VA. Tommy Drew represented the tenant.
  • Victory Lady, Inc. has leased 7,500 square feet of retail space at 8099-A West Broad Street in Richmond, VA. Bob Butcher represented the tenant.
  • Epoch Furnishing has leased 3,550 square feet of industrial space at 6290 Old Warwick Road in Richmond, VA. Graham Sheridan and Colin Williams represented the tenant.
  • Eyemart Express has leased 2,946 square feet of retail space at 4830 Virginia Beach Boulevard in Virginia Beach, VA. Seth Norman represented the landlord and Sam Rapoport represented the tenant.
  • True Pilates Virginia Beach, Inc. and Restorative Therapy Company, LLC has leased 2,666 square feet of office space at 1004 First Colonial Road, Suite 101 in Virginia Beach, VA. Michael Myers represented the landlord.
  • Eva’s Beauty Studio has leased 2,400 square feet of retail space at 3916 Portsmouth Boulevard, Suite A-2 and A-3 in Chesapeake, VA. Martin Murden and Ben Leon represented the landlord.
  • Carousell Consignments, LLC has leased 2,153 square feet of retail space at the Shoppes at College Park in Farmville, VA. Graham Sheridan and Nathan Shor represented the landlord.
  • Naborforce has leased 1,920 square feet of office space at 2308 W. Main Street in Richmond, VA. Elliot Warsof and Zach Hernandez represented the landlord.
  • Shear Luxury Beauty has leased 1,865 square feet of retail space at Greenbrier Village Shopping Center in Chesapeake, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
  • Capt’n Crabby has leased 1,779 square feet of retail space at 4140 Granby Street in Norfolk, VA. Martin Murden represented the tenant.
  • Farmville Family Pharmacy has leased 1,600 square feet of retail space at Longwood Village Shopping Centre in Farmville, VA. Graham Sheridan and Nathan Shor represented the landlord.
  • Hardhat Workforce Solutions, LLC has leased 1,500 square feet of office space at 4169 Virginia Beach Boulevard in Virginia Beach, VA. Pierce Jacobson represented the tenant.
  • Allstate has leased 1,480 square feet of retail space at Greenbrier Village Shopping Center located in Chesapeake, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
  • Seafood Shack has leased 1,600 square feet of retail space at University Village Shopping Center in Norfolk, VA. Neal Sadler represented the landlord.
  • SkinOver Co. has leased 1,100 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • KD Fashion has leased 1,060 square feet of retail space at Suffolk Plaza Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Democrat Party of Virginia has leased 992 square feet of retail space at 1150 E. Little Creek Road, Suite 203 in Norfolk, VA. Bill Overman, CCIM and John Wessling, CCIM represented the tenant.
  • Allstate Insurance has leased 960 square feet of retail space at WindsorMeade Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Aerocare Holdings, Inc. has leased 778 square feet of office space at 1035 Champions Way in Suffolk, VA. Ashley Bussey represented the tenant.
  • Quality Kuts has leased 750 square feet of retail space at Victory West Shopping Center located at 2872 Airline Boulevard in Portsmouth, VA. Mike Zarpas represented the landlord.
  • Aerocare Holdings, Inc. has leased 605 square feet of office space at 161-A John Jefferson Road in Williamsburg, VA. Ashley Bussey represented the tenant.

SALE TRANSACTIONS:

  • Leeward Ventures, LLC has purchased a 22,921 square foot industrial building on 4.43 acres located at 2330 Bowdens Ferry Road in Norfolk, VA from Moses Industries II LLC for $1,730,000. Michael Myers represented the seller.
  • Solis Properties LLC has purchased a 10,000 square foot office building located at 1849 Old Donation Parkway in Virginia Beach, VA from HR Acquisition I Corporation for $1,300,000. Chris Zarpas and Chris Devine represented the buyer.
  • Cerza Enterprises, LLC has purchased a 2,025 square foot retail building on .74 acre located at 6056 Indian River Road in Virginia Beach, VA from Branch Banking and Trust, North Carolina for $570,000. Sam Rapoport represented the seller.
  • Robert and Janet Kottke have purchased a 5,774 square foot commercial building on 4.368 acres located at 2660 West Neck Road in Virginia Beach, VA from Southern Conference of the United Church of Christ, Inc. for $625,000. Cheyney Cole, CCIM represented the buyer
  • Par Buckz, LLC has purchased the 29,694 square foot Buckroe Shopping Center on 2.366 acres located at 1933-39 E. Pembroke Avenue in Hampton, VA from The Runnymede Corp. for $930,000. Mike Zarpas represented the buyer.

 LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

  • Schewel Furniture has extended its lease on 26,651 square feet of retail space at Suffolk Plaza Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Relate Church has extended its lease on 6,800 square feet of commercial space located at 4165 Pruden Boulevard in Suffolk, VA. Michael Myers represented the landlord.
  • Chico’s has extended its lease on 4,507 square feet of retail space at Towne Place at Greenbrier in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Golf Headquarters has extended its lease on 3,940 square feet of retail space at Towne Place at Greenbrier in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Green Bean has extended its lease on 3,935 square feet of retail space at Regency Hilltop Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • World Champion Taekwondo has extended its lease on 3,000 square feet of retail space at Monticello Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Axsom Martial Arts has extended its lease on 3,000 square feet of retail space at Warwick Village Shopping Center in Newport News, VA. Tyler Jacobson represented the landlord.
  • Avail Vapor has renewed its lease on 2,500 square feet of retail space at Virginia Center Marketplace in Glen Allen, VA. Bob Butcher represented the landlord.
  • Aurora Title has renewed its lease on 2,113 square feet of office space at 2203 Pump Road in Richmond, VA. Elliot Warsof represented the tenant.
  • Pamper Salon & Day Spa has renewed its lease on 2,000 square feet of retail space at Virginia Center Marketplace in Glen Allen, VA. Andrew Thacker represented the landlord.
  • Nail Time has extended its lease on 2,000 square feet of retail space at Creekside Village Shopping Center in Suffolk, VA. Neal Sadler represented the landlord.
  • Montage Consignment Boutique has renewed its lease on 1,824 square feet of retail space at The Shoppes at Bellgrade in Midlothian, VA. Bob Butcher represented the landlord.
  • Royal Gardens has extended its lease on 1,800 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
  • Old Skool Video Games & More has exercised its option on 1,500 square feet of retail space at Wythe Creek Shoppes in Hampton, VA. Neal Sadler represented the landlord.
  • Rose Life Spa, Inc. has extended its lease on 1,465 square feet of office space in Churchland Professional Center, located at 3300 Tyre Neck Road, Suite H & I in Portsmouth, VA. Michael Myers represented the landlord.
  • SuperCuts has extended its lease on 1,200 square feet of retail space at James York Plaza Shopping Center in Williamsburg, VA. Neal Sadler represented the landlord.
  • Suffolk BBQ has extended its lease on 1,100 square feet of retail space at Suffolk Village Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Direct General Insurance has extended its lease on 1,000 square feet of retail space at Monticello Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Pet Grooming has extended its lease on 1,000 square feet at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
  • Smoke Shack has extended its lease on 800 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Jackson Hewitt has extended its lease on 750 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.

With over 113 years of expertise in the real estate industry, S.L. Nusbaum Realty Co. manages, develops and provides sales and leasing services for shopping centers, apartment communities, office, industrial and investment properties throughout the Mid-Atlantic and Southeast.

 

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