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S.L. NUSBAUM REALTY CO. ANNOUNCES $15 MILLION IN COMPLETED TRANSACTIONS FOR SEPTEMBER 2020

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

NORFOLK, VA – (October 2020) S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $15 million in sales and lease volume on 157,029 square feet and approximately 14 acres for the Norfolk and Richmond Offices:

NEW LEASES:

  • Junk King has leased 4,800 square feet of industrial space at 2350 Lanier Road in Rockville, VA. Elliot Warsof represented the landlord.
  • Keller Williams Allegiance has leased 4,500 square feet of retail space at Washington Square Shopping Center in Grafton, VA. Neal Sadler represented the landlord.
  • Educational Coaches LLC has leased 4,245 square feet of office space at 109 Currituck Commercial Drive in Moyock, NC. Chris Devine represented the landlord.
  • Rodeo’s Mexican Grill has leased 4,080 square feet of restaurant space at Bowles Farm Plaza in Mechanicsville, VA. David Kalman and Nathan Shor represented the landlord.
  • Eyemart Express LLC has leased 3,551 square feet of retail space at 7378 Bell Creek Road in Mechanicsville, VA. Sam Rapoport represented the tenant.
  • Placidity Beauty Bar LLC has leased 2,274 square feet of retail space at 1306 Hull Street in Richmond, VA. Zach Hernandez represented the landlord.
  • lulelemon – Pop Up has leased 1,558 square feet of retail space at Towne Place at Greenbrier in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • State Farm has leased 1,553 square feet of retail space at Washington Square Shopping Center in Grafton, VA. Neal Sadler represented the landlord.
  • Marla Rene Beauty & Co. has leased 1,200 square feet of retail space at 11021 Hull Street Road in Richmond, VA. Graham Sheridan represented the tenant.
  • Third Eye Comics has leased 975 square feet of retail space at Short Pump Corner Shopping Center located at 11561-11577 W. Broad Street in Richmond, VA. Andrew Thacker represented the landlord.
  • Enterprise Leasing Co. of Norfolk/Richmond, LLC has leased 924 square feet of retail space at Knell’s Ridge Commons, Unit 101-A in Chesapeake, VA. Mike Zarpas represented the landlord.
  • Cricket Wireless has leased 800 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.

SALE TRANSACTIONS:  

  • Project Homes Properties, IV, LLC has purchased Bermuda Estates Mobile Home Park located on 7.85 acres at 12329-12331 Jefferson Davis Highway in Chester, VA from J & J Equities, LLC for $1,950,000. Chris Zarpas and Sam Rapoport represented the seller.
  • First-Citizens Bank & Trust has purchased .78 acre of land located at 6551 Centralia Road in Chesterfield, VA from Chesterfield Meadows Shopping Center Assoc. for $1,751,000. Bob Butcher represented the seller.
  • JPM Real Estate VA, LLC has purchased a 3,825 square foot, two-tenant retail building located at 208 N. Birdneck Road in Virginia Beach, VA from Kaveri Enterprises, LC for $1,377,500. Doug Aronson, Bill Overman, CCIM and John Wessling, CCIM represented the seller.
  • Hull Street Properties LLC has purchased .56 acre of land located at 1114 Hull Street in Richmond, VA from Hull Land VML LLC for $1,175,000. Austin Newman, SIOR represented the seller.
  • Refinery Apartments, LLC has purchased 4.64 acres located at the corner of Chestnut and Washington Street in Abbeville, VA from Elaine P. Nixon and Janet L. Nixon and Elizabeth E. Gilliam, Samuel G. Gilliam, Jr., Heny G. Gilliam and Susan G. Gladden for $165,000. Bill Overman, CCIM and John Wessling, CCIM represented the buyer.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

  • Belk has extended its lease on 45,495 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Buffalo Wild Wings has extended its lease on 6,353 square feet of retail space at the Wells Fargo Center in Norfolk, VA. Sharon Swanberg and Richard Jacobson represented the landlord.
  • Ivy Rehab LLC has modified and extended its lease on 4,977 square feet of office space at 5421 Patterson Avenue in Henrico, VA. Elliot Warsof represented the landlord.
  • A. Bank Clothiers has renewed its lease on 4,500 square feet of retail space at Sycamore Square Shopping Center at 13720 Midlothian Turnpike in Midlothian, VA Bob Butcher represented the landlord.
  • TNJ Auto Sales and Service LLC has renewed its lease on 4,320 square feet of retail space at 2700 Airline Boulevard in Portsmouth, VA. Michael Myers handled the transaction.
  • Verizon Wireless has extended its lease on 4,200 square feet of retail space at WindsorMeade Marketplace in Williamsburg, VA. Tyler Jacobson and Richard Jacobson represented the landlord.
  • Music & Arts has modified its lease on 4,200 square feet of retail space at Quioccasin Station Shopping Center in Henrico, VA. Elliot Warsof represented the landlord.
  • MealOne has extended its lease on 3,620 square feet of retail space at Jefferson Shoppes Shopping Center in Newport News, VA. Neal Sadler represented the landlord.
  • VA ABC has extended its lease on 3,000 square feet of retail space at Great Neck Village Shopping Center in Virginia Beach, VA. Neal Sadler represented the landlord.
  • Pirtek has renewed its lease on 2,875 square feet of commercial space at 2115 Dabney Road in Richmond, VA. David Kalman represented the tenant.
  • Long John Silver’s has extended its lease on 2,336 square feet of retail space at College Park Square in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Reginella’s Trattoria & Pizzeria has extended its lease on 2,387 square feet of retail space at Volvo Parkway Shopping Center in Chesapeake, VA. Maggie Spillane and Murray Rosenbach represented the landlord.
  • Porthos Management, LLC has renewed its lease on 2,250 square feet of office space at 1310 E. Little Creek Road in Norfolk, VA. Michael Myers handled the transaction.
  • Gade for Virginia LLC has expanded its lease on 2,165 square feet of office space at 9513 Hull Street Road in Richmond, VA. Andrew Thacker and Zach Hernandez represented the landlord.
  • Your Pie has exercised its option on 2,100 square feet of retail space at K&K Square Shopping Center in Norfolk, VA. Maggie Spillane represented the landlord.
  • Tokyo Grill has extended its lease on 2,100 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • La Cucina Italian Restaurant has renewed its lease on 2,000 square feet of retail space in The Shoppes at Bellgrade at 11400 W. Huguenot Road in Midlothian, VA. Bob Butcher represented the landlord.
  • Tropical Smoothie has extended its lease on 1,800 square feet of retail space at WindsorMeade Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Water Treatment Services of America, LLC has renewed its lease on 1,569 square feet of office space at Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM and Sam Rapoport represented the landlord.
  • China Panda has modified its lease on 1,600 square feet at Quioccasin Station Shopping Center in Henrico, VA. Elliot Warsof represented the landlord.
  • Olive Oil Taproom has renewed its lease on 1,500 square feet of retail space at The Shoppes at Bellgrade at 11400 W. Huguenot Road in Midlothian, VA. Bob Butcher represented the landlord.
  • Yoga Nook, LLC has extended its lease on 1,446 square feet of retail space at Knell’s Ridge Commons, Unit 100-1 in Chesapeake, VA. Mike Zarpas represented the landlord.
  • GW Salon has modified its lease on 1,440 square feet of retail space at Quioccasin Station Shopping Center in Henrico, VA. Elliot Warsof represented the landlord.
  • 7Cities Vapes has extended its lease on 1,400 square feet of retail space at Greenwood Shopping Center in Hampton, VA. Mike Zarpas represented the landlord.
  • Sugar Mama’s Bake Shoppe has extended its lease on 1,290 square feet of retail space at Suffolk Plaza Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Papa Murphy’s Take N’ Bake Pizza has extended its lease on 1,100 square feet of retail space at Buckner Retail Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
  • Supercuts has extended its lease on 990 square feet of retail space at Quarterpath Crossing Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • GW Barber Shop has modified its lease on 918 square feet of retail space at Quioccasin Station Shopping Center in Henrico, VA. Elliot Warsof represented the landlord.
  • Supercuts has extended its lease on 900 square feet of retail space at WindsorMeade Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • James York Shoe Repair has extended its lease on 620 square feet of retail space at James York Plaza Shopping Center in Williamsburg, VA. Neal Sadler and Maggie Spillane represented the landlord.
  • Longhorn Steakhouse has exercised its option on a .57 acre outparcel at WindsorMeade Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Atlantic Drafting Services has renewed its lease on 314 square feet of retail space at Rockwood Office Park in N. Chesterfield, VA. Andrew Thacker and Zach Hernandez represented the landlord.

With over 114 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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