Skip to main content
Tap to use current location
X

Advanced Filters

Market

Sale Price

Lease Price

Available Square Feet

Keywords

Apartment Amenities

Community Amenities

Available Spaces

Square Footage

Keywords

Please select a property type in order to see the advanced filters.

S.L. Nusbaum Realty Co. Announces $17 Million in Completed Transactions for July 2017

For Immediate Release
Contact: Susan Childress Corporate Marketing Director schildress@slnusbaum.com 757.282.6505
SL Nusbaum X Team

NORFOLK, VA – (August 2017) S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $17 million in sales and lease volume on 323,618 square feet and 33.27 acres for the Norfolk and Richmond Offices: 

NEW LEASES: 

  • Big Lots has leased 42,500 square feet of retail space at JANAF Shopping Yard in Norfolk, VA. Michael Gurley represented the landlord.
  • Longoven, LLC has leased 3,000 square feet of retail space at 2939 W. Clay Street in Richmond, VA. Elliot Warsof represented the tenant and Reid Cardon represented the landlord.
  • Cricket Wireless has leased 2,369 square feet of retail space at Warwick Denbigh Shopping Center in Newport News, VA. Neal Sadler represented the landlord.
  • ABNB Federal Credit Union has leased 2,300 square feet of office space at 500 W. 21st Street in Norfolk, VA. John M. Profilet, SIOR, Sam Rapoport, Stephanie Sanker, CCIM, SIOR and J.C. Wynkoop represented the landlord.
  • Sentara Virginia Beach General Hospital has leased 1,787 square feet of office space at 1809 Colonial Medical Court in Virginia Beach, VA. Seth Norman and Martin Murden represented the landlord.
  • United Medical, Inc. has leased 1,380 square feet of office space at 4652 Haygood Road, Suite C in Virginia Beach, Virginia. Seth Norman represented the tenant.
  • Affinity Integrated Solutions Inc. has leased 1,251 square feet of office space at Southgate Centre in Virginia Beach, VA. Ashley Bussey represented the tenant.
  • Metro PCS Authorized Dealer has leased 1,140 square feet of retail space at Colley Village Shopping Center in Norfolk, VA. Neal Sadler represented the landlord.
  • Veterans Express, Inc. has leased 1,000 square feet of industrial space and 3 acres of yard area at 3015 Airline Boulevard in Portsmouth, Virginia. Michael Myers handled the transaction.
  • Cricket Wireless has leased 900 square feet of retail space at Dam Neck Square in Virginia Beach, VA. Sam Rapoport and Martin Murden represented the landlord.
  • Winslow & McCurry Law Offices has leased 861 square feet of office space at Sycamore Square in Midlothian, VA. Bob Butcher represented the landlord.
  • Yi’s Alterations has leased 600 square feet of retail space at Regency Hilltop in Virginia Beach, VA. Michael Gurley represented the landlord.

SALE TRANSACTIONS:

  • 6969 Tidewater, LLC has purchased a 167,000 square foot industrial building located on 15.29 acres at 6969 Tidewater Drive in Norfolk, VA from 6969 TWD, LLC for $5,000,000. Stephanie Sanker, CCIM, SIOR represented the buyer.
  • The Edmonds Company Virginia has sold a 26,682 square foot industrial building on 8.921 acres located at 1493 London Bridge Road in Virginia Beach, VA for $1,800,000. Stephanie Sanker, CCIM, SIOR and Ashley Bussey represented the seller.
  • R and J Motel Management has purchased 8.3 acres located at 220 Rainbow Lane in Chesapeake, VA from WP-Chesapeake Health Investors, LLC for $1,400,000. Bill Overman, CCIM, John Wessling, CCIM and Chris Devine represented the buyer.
  • Meet @ 3:19, LLC has purchased a 7,986 square foot office/retail building on .07 acre located at 319 E. Plume Street in Norfolk, VA from S & R Investors, LLC for $750,000. Sam Rapoport, Bill Overman, CCIM and John Wessling, CCIM represented the seller.
  • Cook Out-Little Creek, Inc. has purchased a 26,640 square foot retail building on .439 acre at 720 E. Little Creek Road in Norfolk, VA from Edward Legum Furniture Co. of Hampton, Inc. for $625,000. Michael Zarpas represented the seller.
  • Matthew Spurrier and Allison Smith have purchased a residential property located at 9645 Rockstone Court in Henrico, VA from Misti and Timothy Schaefer for $353,000. Reid Cardon represented the buyer.
  • Cook Out-Little Creek, Inc. has purchased .25 acre located at 7918 Orchid Avenue in Norfolk, VA from Harold A. and Ellen F. Forshaw for $154,000. Michael Zarpas represented the seller.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

  • Changing Lives Martial Arts has extended its lease on 3,600 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Forensic Analysis & Engineering has renewed its lease on 3,000 square feet of industrial space at 2503 58th Street in Hampton, VA. Seth Norman represented the landlord.
  • Friendly Check Cashing has extended its lease on 2,000 square feet of retail space at Roanoke Rapids Plaza in Roanoke Rapids, NC. Michael Gurley represented the landlord.
  • S. Navy Recruiting Office has extended its lease on 1,800 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Bobbi & Helen’s School of Dance has extended its lease on 1,500 square feet of retail space at Kempsville Plaza in Virginia Beach, VA. Murray Rosenbach 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. Chris Hucke represented the landlord.
  • Pizza Hut has extended its lease on 1,200 square feet of retail space at Glenwood Square Shopping Center in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • The UPS Store has extended its lease on 1,200 square feet of retail space at Little Creek Marketplace in Norfolk, VA. Chris Hucke represented the landlord.
  • Lollar Law, PLLC has renewed its lease on 1,062 square feet of office space at 109 E. Main Street in Norfolk, VA. Michael Myers represented the landlord.
  • Pandora’s Posies has extended its lease on 1,000 square feet of retail space at Sycamore Square in Midlothian, VA. Bob Butcher represented the landlord.
  • Great Clips for Hair has extended its lease on 900 square feet of retail space at Virginia Center Marketplace in Richmond, VA. Bob Butcher represented the landlord.
  • North End Pizza has extended its lease on 800 square feet of retail space at Great Neck Village in Virginia Beach, VA. Neal Sadler represented the landlord.
  • Jackson Hewitt Tax Service 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 110 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.

S.L. Nusbaum Realty Co. is proud to partner with X Team International. X Team is an international alliance of retail real estate specialists with offices located in major cities throughout the U.S., Canada and Europe. X Team partners average more than 20 years of industry experience, with expertise in major markets worldwide, specializing in tenant, property and developer/landlord representation, workout services, property dispositions and retail investments. X Team services include transaction negotiation, portfolio analysis, lease valuations, acquisitions, and asset assessment and valuation. For more information, please visit www.xteam.net.

###