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S.L. NUSBAUM REALTY CO. ANNOUNCES $22 MILLION IN COMPLETED TRANSACTIONS FOR JUNE 2020

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

NORFOLK, VA – (July 2020) S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $22 million in sales and lease volume on 229,174 square feet and approximately 35 acres for the Norfolk and Richmond Offices:

NEW LEASES:

  • Carroll Trucking, Inc. has leased 26,460 square feet of industrial space at 6969 Tidewater Drive, Buildings D & E, in Norfolk, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
  • Carroll Trucking, Inc. has leased 25,000 square feet of industrial space at 6969 Tidewater Drive, Building J, in Norfolk, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
  • Better View Windows & More has leased 6,835 square feet of retail space at Lynnhaven Crossing in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Fast Auto Loans has leased 6,525 square feet of retail space at 9012 Hermitage Road in Richmond, VA. Chris Hucke and Neal Sadler represented the tenant.
  • Merakey Parkside Recovery has leased 6,500 square feet of office space at 2623 Park Avenue in Petersburg, VA. Zach Brenner and Colin Williams represented the landlord.
  • Mechanical Source Solutions, LLC has leased 4,465 square feet of office space at Greenbrier Business Center, 1244 Executive Boulevard in Chesapeake, VA. Chris Devine represented the tenant.
  • Tesseract Rentals, LLC has leased 3,900 square feet of industrial space at Arrowhead Commerce Center in Virginia Beach, VA. Pierce Jacobson and Stephanie Sanker, CCIM, SIOR represented the landlord.
  • The Zest Lab has leased 2,468 square feet of office space at 1801 E. Broad Street in Richmond, VA. Zach Hernandez and Elliot Warsof handled the transaction.
  • Dollar Bank, F.S.B. has leased 2,460 square feet of retail space at 981-983 Providence Square Shopping Center in Virginia Beach, VA. Sam Rapoport represented the tenant.
  • Dollar Bank, F.S.B. has leased 2,437 square feet of retail space at 1909 Landstown Centre Way, Suite 140 in Virginia Beach, VA. Sam Rapoport represented the tenant.
  • Ambassador Enterprises, Inc. has leased 2,375 square feet of flex space at 625 Innovation Drive in Chesapeake, VA. Pierce Jacobson represented the landlord.
  • Queens of All Trades, LLC has leased 2,142 square feet of retail space at 1314 Hull Street in Richmond, VA. Zach Hernandez represented the landlord.
  • Love Song – Natural Wine Bar has leased 1,900 square feet of retail space at 327 Laskin Road in Virginia Beach, VA. Martin Murden represented the landlord.
  • America’s Best Wings has leased 1,600 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord and Mike Zarpas represented the tenant.
  • Michael L. Tucker, M.D. Family Practice Center, PLLC has leased 1,508 square feet of office space at 110 Kingsley Lane in Norfolk, VA. Ashley Bussey represented the tenant.
  • Edify Cuts and Shave Parlor has leased 1,500 square feet of retail space at Short Pump Corner in Richmond, VA. Andrew Thacker and Bob Butcher represented the landlord.
  • Tobacco Cosmos Kratom Vape Cigar has leased 1,470 square feet of retail space at Cedar Valley Shopping Center in Williamsburg, VA. Neal Sadler represented the landlord.
  • Hybrid Coatings, LLC has leased 1,275 square feet of flex space at Birdneck Business Park in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
  • Mahoney & Mahoney has leased 1,250 square feet of office space at 1811 Huguenot Road, Suite D-402 in Richmond, VA. David Kalman represented the tenant.
  • DSG has leased 1,200 square feet of retail space at Great Neck Village Shopping Center in Virginia Beach, VA. Neal Sadler represented the landlord.
  • JobsConnect has leased 923 square feet of retail space at Raceway Market Centre in Indianapolis, IN. Matthew Nusbaum represented the landlord.
  • Shoe Sanity, LLC has leased 616 square feet of retail space at Victory West Shopping Center, 2870 Airline Boulevard in Portsmouth, VA. Mike Zarpas represented the landlord.
  • Christine Outlaw and Jason Hallman have 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:

  • Sahyadri Enterprises, LLC has purchased a 5,400 square foot retail building located at 2800 Atlantic Avenue in Virginia Beach, VA from Atlantic Winds of 28th St, LLC for $2,775,000. Bill Overman, CCIM and John Wessling, CCIM represented the seller.
  • Sisters II, LLC has purchased a 43,544 square foot office building on 3.25 acres located at 530, 540 & 550 Southlake Boulevard in Richmond, VA from TJP-TD, LLC for $2,400,000. Chris Zarpas represented the buyer.
  • K&M Chosen, LLC has purchased an 18,400 square foot flex building on 2.399 acres at 5280 Henneman Drive in Norfolk, VA from Blauvelt Realty Associates and the Custom Shop Broadway Corporation for $2,050,000. Ashley Bussey and Stephanie Sanker, CCIM, SIOR represented the seller.
  • 5803 Curlew Property LLC has purchased a 37,128 square foot industrial building on 1.45 acres located at 5803 Curlew Drive in Norfolk, VA from 5803 Curlew Drive, LLC for $1,900,000. Michael Myers represented the buyer.
  • YCJK 5526 LLC has purchased High Street Shopping Center, a 13,358 square foot retail property on .99 acre located at 3200-3220 High Street and 1200 Potomac Avenue in Portsmouth, VA from JPMW LLC for $600,000. Ben Leon represented the seller.
  • B&B Properties LLC has purchased 2.831 acres of land located at 2901 Williamsburg Road in Henrico, VA from Route 60 Investments for $425,000. Nathan Shor represented the seller.
  • JDock LLC has purchased 23.73 acres of land located at 3240 Deepwater Terminal in Richmond, VA from Peck-Richmond Land Co. and Peck Riverfront Land Co. for $90,000. Nathan Shor represented the seller.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

  • Short Pump Pour House has renewed its lease on 5,000 square feet of retail space at Short Pump Crossing in Henrico, VA. Bob Butcher represented the landlord.
  • Clean Cut Graphics, LLC has renewed its lease on 5,000 square feet of retail space at 5652 E. Virginia Beach Boulevard in Norfolk, VA. Seth Norman represented the landlord.
  • It’s Chic Again Consignment has renewed its lease on 3,600 square feet of retail space at Sycamore Square in Midlothian, VA. Bob Butcher represented the landlord.
  • Tidewater Physical Therapy, Inc. has renewed its lease on 3,190 square feet of retail space at Knell’s Ridge Commons, 927 N. Battlefield Boulevard in Chesapeake, VA. Mike Zarpas represented the landlord.
  • James York Cleaners has extended its lease on 2,400 square feet of retail space at James York Plaza in Williamsburg, VA. Neal Sadler and Maggie Spillane represented the landlord.
  • Hampton Roads Karate has renewed its lease on 2,400 square feet of retail space at Glenwood Square Shopping Center in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Azar’s Restaurant has extended its lease on 2,230 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
  • Laundry World extended its lease on 2,000 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
  • Pamper Salon has renewed its lease on 2,000 square feet of retail space at Virginia Center Marketplace in Glen Allen, VA. Andrew Thacker and Bob Butcher represented the landlord.
  • Zelazny Family Dentistry has renewed its lease on 2,000 square feet of retail space at Virginia Center Marketplace in Glen Allen, VA. Andrew Thacker and Bob Butcher represented the landlord.
  • The Chrysm Institute of Esthetics has renewed its lease on 1,954 square feet of office space at Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and Sam Rapoport represented the landlord.
  • Jo’s Cleaners has extended its lease on 1,400 square feet of retail space at Jefferson Shoppes Shopping Center in Newport News, VA. Neal Sadler represented the landlord.
  • Anna’s Pizza Kitchen has extended its lease on 1,200 square feet of retail space at Regency Hilltop Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Hair Cuttery has renewed its lease on 1,200 square feet of retail space at Short Pump Crossing in Henrico, VA. Bob Butcher represented the landlord.
  • A Cut Above has renewed its lease on 774 square feet of office space at Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM and Sam Rapoport 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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