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S.L. NUSBAUM REALTY CO. ANNOUNCES $18 MILLION IN COMPLETED TRANSACTIONS FOR APRIL 2021

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

NORFOLK, VA (May 2021) - S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $18 million in sales and lease volume on 166,783 square feet and approximately 5 acres for the Norfolk and Richmond Offices:

NEW LEASES:

  • Pentapeaks, LLC has leased 15,000 square feet of industrial space at 1532 Ingleside Road in Norfolk, VA. Michael Myers represented the landlord and Chris Devine represented the tenant.
  • Virginia Cheer Academy has leased 10,563 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
  • E Joe Vault Services LLC has leased 9,344 square feet of industrial space at 1015 Prudence Road in Suffolk, VA. Michael Myers handled the transaction.
  • Hometown Sales & Leasing has leased 5,828 square feet of retail space in Ashland Hanover Shopping Center located at 241 N. Washington Highway in Ashland, VA. Nathan Shor represented the tenant.
  • EIPC MFG, LLC has leased 4,750 square feet of flex space at 625 Innovation Drive in Chesapeake, VA. Pierce Jacobson represented the landlord.
  • Tobacco & More has leased 4,000 square feet at Bowles Farm Plaza Shopping Center located at 7500 Jackson Arch Drive in Mechanicsville, VA. David Kalman and Nathan Shor represented the landlord and Reid Cardon represented the tenant.
  • Hampton Roads Karate has leased 3,900 square feet of retail space at Millwood Plaza Shopping Center in Chesapeake, VA. Maggie Spillane and Murray Rosenbach represented the landlord.
  • Muse Hooka has leased 3,600 square feet of retail space at Southpark Square Shopping Center located at 2550 Southpark Boulevard in Colonial Heights, VA. Graham Sheridan represented the tenant.
  • GotFish? has leased 3,500 square feet of retail space at Towne Place at Greenbrier in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • De’Vinn Nail Bar has leased 3,200 square feet of retail space at Edinburgh Commons North 2 in Chesapeake, VA. Maggie Spillane represented the landlord.
  • Unique Foot Relaxing has leased 2,400 square feet in Huguenot Village Shopping Center at 11529 Robious Road in N. Chesterfield, VA. Andrew Thacker and Bob Butcher represented the landlord.
  • Five Star Bath has leased 2,100 square feet of retail space at 11311 Business Center Drive, Suite B in N. Chesterfield, VA. Thomas Langston represented the tenant.
  • Code Blue 4 U, LLC and CJC Security Services, LLC has leased 2,090 square feet of office space at Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM and Sam Rapoport represented the landlord.
  • Caro Studio has leased 1,599 square feet of retail space at 360 West Shopping Center located at 71138 Hull Street Road, Suite 15 in North Chesterfield, VA Graham Sheridan and Nathan Shor represented the landlord.
  • R&D Training and Technical Services, Inc. has leased 1,500 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
  • Best Family Hairstyling has leased 1,230 square feet of retail space at Kempsville Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
  • Foxy Roxy Grooming has leased 1,200 square feet of retail space at Turnberry Crossing in Newport News, VA. Mike Zarpas and Ben Leon represented the landlord.
  • Go Juice VB LLC has leased 1,100 square feet of retail space at 323 Laskin Road in Virginia Beach, VA. Martin Murden represented the landlord.
  • Sharpen Your Skillz Continuing Education and Salon, LLC has leased 1,023 square feet of retail space at Courtyard at Providence in Virginia Beach, VA. Pierce Jacobson represented the landlord.
  • Evolve Nutrition has leased 800 square feet of retail space at Regency Hilltop Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
  • Valette Nail Lounge, LLC has leased 630 square feet of retail space at Knell’s Ridge Commons in Chesapeake, VA. Mike Zarpas represented the landlord.
  • MIG Gov has leased 191 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.

SALE TRANSACTIONS:

  • G and Church Limited Partnership has purchased a 3,010 square foot 7-Eleven on 1.08 acres located at 7675 West 4th Avenue in Hialeah, FL from Red Red Road, LLC for $4,300,000. Doug Aronson represented the seller.
  • 10160 Crossridge, LLC has purchased an 8,916 square foot office condo located at 10160 Staples Mill Road in Glen Allen, VA from Crossridge Ventures, LLC c/o MG Law for $1,770,000. David T. Kalman represented the buyer.
  • AKS Ventures VA LLC has purchased a 1,056 square foot convenience store on .643 acre located at 2935 Chamberlayne Avenue in Richmond, VA from Shakenator Properties LLC for $1,244,000. David T. Kalman represented the seller.
  • Atlantic Corporate Leasing, LLC has purchased an 11,990 square foot industrial condominium located at 515 Central Drive in Virginia Beach, VA from Ronnie W. Anglin and Joseph R. Ralph for $1,163,000. Stephanie Sanker, CCIM represented the buyer.
  • CR Assets, LLC has purchased a 5,040 square foot office building on .358 acre located at 4598 Broad Street in Virginia Beach, VA from Broad Street Associates, LLC for $1,000,000. Stephanie Sanker, CCIM and Sam Rapoport represented the seller.
  • Taylor Holdings, LLC has purchased a 12,000 square foot office condo on 1.350 acres located at 625 N. Washington Highway in Ashland, VA from Truist Bank for $750,000. David T. Kalman represented the buyer.
  • Shakenator Properties LLC has purchased a 1,204 square foot office condo located at 7489 Right Flank Road, #310 in Mechanicsville, VA from Virginia Trade Association for $225,000. David T. Kalman represented the buyer.
  • Juan Jaquez has purchased a 3,000 square foot industrial property located at 109 S. First Colonial Road, Suite 122 in Virginia Beach, VA from KHH Properties, LLC for $150,000. Chris Devine represented the seller.
  • Beautiful Lake View, LLC has purchased 1.67 acres located at 100 Lake View Parkway in Suffolk, VA from Lake View Development Group, LLC for $37,500. Mike Zarpas handled the transaction.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

  • Dollar Tree has extended its lease on 13,711 square feet of retail space at Suffolk Plaza Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Reico Kitchen & Bath has extended its lease on 5,198 square feet of retail space at The Shops at Cedar Valley in Williamsburg, VA. Neal Sadler represented the landlord.
  • It’s Chic Again has renewed its lease on 3,600 square feet of retail space in Sycamore Square Shopping Center located at 1225 Sycamore Square in Midlothian, VA. Bob Butcher represented the landlord.
  • Winslow & McCurry has renewed its lease on 3,121 square feet of retail space in Sycamore Square Shopping Center located at 1324 Sycamore Square in Midlothian, VA. Bob Butcher represented the landlord.
  • Laundry World has extended its lease on 2,000 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
  • Shun Xin has extended its lease on 1,750 square feet of retail space at Glenwood Square Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord.
  • Hair We Are has extended its lease on 1,500 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Q Cleaners has extended its lease on 1,400 square feet of retail space at The Crossing at Deep Creek in Chesapeake, VA. Maggie Spillane represented the landlord.
  • Golden China has extended its lease on 1,200 square feet of retail space at The Crossing at Deep Creek in Chesapeake, VA. Maggie Spillane represented the landlord.
  • Subway has extended its lease on 1,200 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
  • M. Garrett Realty has extended its lease on 1,000 square feet of retail space at Marketplace Shoppes in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Pro Builder has renewed its lease on 495 square feet of retail space at 360 West Shopping Center located at 7206 Hull Street Road, Suite 110 in Richmond, VA. Graham Sheridan and Nathan Shor represented the landlord.
  • Prime Staffing in VA has renewed its lease on 426 square feet of retail space at 360 West Shopping Center located at 7206 Hull Street Road in Richmond, VA. Graham Sheridan and Nathan Shor 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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