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S.L. NUSBAUM REALTY CO. ANNOUNCES $13 MILLION IN COMPLETED TRANSACTIONS FOR JANUARY 2021

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

NORFOLK, VA (February 2021) - S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $13 million in sales and lease volume on 165,158 square feet and approximately 3 acres for the Norfolk and Richmond Offices:

NEW LEASES:

  • Lotus School of Integrated Professions Inc. has leased 10,150 square feet of retail space at 8935 Patterson Avenue in Richmond, VA. Nathan Shor represented the landlord.
  • Toro Kitchen Cabinets, LLC has leased 5,925 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
  • Re/MAX Ultra has leased 5,000 square feet of office space at 109 Currituck Commercial Drive in Moyock, NC. Chris Devine represented the landlord.
  • Buddy’s BBQ LLC has leased 3,428 square feet of restaurant space at 480 Tanyard Road in Rocky Mount, VA. Zach Hernandez and Nathan Shor represented the landlord.
  • NAS, LLC has leased 2,373 square feet of retail space at Bowles Farm Plaza Shopping Center located at 7500 Jackson Arch Drive in Mechanicsville, VA. David Kalman, Nathan Shor and Reid Cardon handled the transaction.
  • Broadsight Realty has leased 2,100 square feet of retail space at 313 Laskin Road, #102, Virginia Beach, VA. Martin Murden represented the landlord.
  • WolfPack Pet Supply has leased 1,995 square feet of retail space at Great Neck Village Shopping Center in Virginia Beach, VA. Neal Sadler represented the landlord.
  • Albanna, LLC has leased 1,760 square feet of retail space he Shoppes at College Park located at 1403–1439 S. Main Street in Farmville, VA. Graham Sheridan and Nathan Shor represented the landlord.
  • Ocean Vending Service has leased 1,760 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
  • Powhatan Gentle Dentistry has leased 1,750 square feet of retail space in the Maxey Center located at 3452 Anderson Highway in Powhatan, VA. Nathan Shor and Elliot Warsof represented the landlord.
  • Napier ERA Realtors has leased 1,680 square feet of retail space in the Maxey Center located at 3452 Anderson Highway in Powhatan, VA. Nathan Shor and Elliot Warsof represented the landlord.
  • Vape Guys Inc. has leased 1,457 square feet of retail space in Creighton Crossing Shopping Center located at 6104 Brashier Boulevard in Mechanicsville, VA. Andrew Thacker and Bob Butcher represented the landlord.
  • New World Vision, LLC has leased 1,110 square feet of retail space in Hampton Boulevard Plaza in Norfolk, VA. Mike Zarpas represented the landlord.
  • Central Virginia Healthcare Assoc LLC has leased 931 square feet of office space in Rockwood Office Park located at 9409 Hull Street Road in N. Chesterfield, VA. Andrew Thacker and Zach Hernandez represented the landlord.
  • Amy Corsetti CPA LLC has leased 624 square feet of office space in Rockwood Office Park located at 9409 Hull Street Road in N. Chesterfield, VA. Andrew Thacker and Zach Hernandez represented the landlord.
  • Aqilah Enterprises has leased 440 square feet of office space in Rockwood Office Park located at 9409 Hull Street Road in N. Chesterfield, VA. Andrew Thacker and Zach Hernandez represented the landlord.
  • Velasco Realty LLC has leased 364 square feet of office space in Rockwood Office Park located at 9409 Hull Street Road in N. Chesterfield, VA. Andrew Thacker and Zach Hernandez represented the landlord.

SALE TRANSACTIONS:

  • Squad Investment, LLC has purchased a 2,250 square foot Starbucks located at 1746 Sentinel Drive in Chesapeake, VA from Mary W. Wilson, Trustee of Irrevocable Trust Agreement for Amanda Wilson Mallory for $1,730,000. Doug Aronson represented the seller.
  • EIG 14 TG KCE Bon Air has purchased a 2,790 square foot commercial property on 3 acres located at 11171 Robious Road in N. Chesterfield, VA from Eugen Joseph Deschamps for $635,000. Thomas Langston represented the seller.
  • Samantha Sarkis has purchased a 2,738 square foot multifamily property located at 819 51st Street in Norfolk, VA from RJD Associates, LLC for $370,000. Martin Murden represented the seller.
  • 2BL LLC has purchased a 2,200 square foot office condo located at 5267 Greenwich Road, Unit 301 in Virginia Beach, VA from Peter Imbrogno, Jr. for $215,000. Michael Myers represented the seller.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

  • StarTek Inc. has renewed its lease on 41,280 square feet of retail space at Waterlick Plaza Shopping Center located at 3412 Waterlick Road in Lynchburg, VA. David Kalman and Nathan Shor represented the landlord.
  • Rite Aid has extended its lease on 8,450 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
  • Food Lion has extended its lease on 8,136 square feet at Cape Henry Plaza Shopping Center in Virginia Beach, VA. Neal Sadler and Maggie Spillane represented the landlord.
  • Levenson’s 14k Plus has extended its lease on 7,500 square feet of retail space at Suffolk Plaza Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Bon Secours Maryview Medical Center has extended its lease on 5,094 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Starbucks has renewed its lease on 3,000 square feet of retail space at Huguenot Village Shopping Center located at 2059 Huguenot Road in Midlothian, VA. Bob Butcher represented the landlord.
  • Johnson Pediatrics at Pembroke has renewed its lease on 2,128 square feet of office space at Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and Sam Rapoport represented the landlord.
  • Race Flow Development, LLC has renewed its lease on 1,800 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon have represented the landlord.
  • Sharp International has renewed its lease on 1,530 square feet of office space at 620 Prosperity Way in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
  • Aqua Salon has extended its lease on 1,500 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane and Pierce Jacobson represented the landlord.
  • Lark Bakery has renewed its lease on 1,450 square feet of retail space at Creighton Crossing Shopping Center located at 6104 Brashier Boulevard in Mechanicsville, VA. Andrew Thacker and Bob Butcher represented the landlord.
  • Primo Pizza has renewed its lease on 1,400 square feet of retail space at Creighton Crossing Shopping Center located at 6104 Brashier Boulevard in Mechanicsville, VA. Andrew Thacker and Bob Butcher represented the landlord.
  • Papa In’s Donuts Inc. has renewed its lease on 1,225 square feet of retail space at Creighton Crossing Shopping Center located at 6104 Brashier Boulevard in Mechanicsville, VA. Andrew Thacker and Bob Butcher represented the landlord.
  • Smokers Express has extended its lease on 1,200 square feet of retail space at James York Plaza Shopping Center in Williamsburg, VA. Neal Sadler and Maggie Spillane represented the landlord.
  • Boost Mobile has extended its lease on 1,080 square feet of retail space at University Shoppes Shopping Center in Norfolk, VA. Nathan Jaffe and Neal Sadler represented the landlord.

With over 115 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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