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S.L. NUSBAUM REALTY CO. ANNOUNCES $23 MILLION IN COMPLETED TRANSACTIONS FOR NOVEMBER 2020

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

NORFOLK, VA – (December 2020) S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $23 million in sales and lease volume on 160,022 square feet and approximately 14 acres for the Norfolk and Richmond Offices:

NEW LEASES:  

  • Wayne’s Home has leased 25,132 square feet of retail space at 1543 Sam’s Circle in Chesapeake, VA. Chris Devine and Seth Norman represented the tenant.
  • Hometown Sales and Leasing has leased 8,470 square feet of retail space at Smithfield Shopping Center in Smithfield, VA. Ben Leon and Nathan Shor represented the tenant.
  • L. Nusbaum Realty Co./Richmond has subleased 7,737 square feet of office space at 7200 Glen Forest Drive in Richmond, VA. Austin Newman represented the tenant.
  • Central VA Realty & LeGault Homes has subleased 5,535 square feet of office space in Concourse Commons at 11520 Nuckols Road in Henrico, VA. Reid Cardon represented the subtenant.
  • The Twisted Crab has leased 5,103 square feet of retail space at the Wells Fargo Center Retail Shops in Norfolk, VA. Richard Jacobson and Sharon Swanberg represented the tenant.
  • Stepping Stones has expanded and leased 4,500 square feet of retail space at Warwick Village Shopping Center in Newport News, VA. Tyler Jacobson represented the landlord.
  • Wireless Zone has relocated and leased 3,321 square feet of retail space at Edinburgh Commons North 2 in Chesapeake, VA. Maggie Spillane and Murray Rosenbach represented the landlord.
  • VA ABC has leased 3,000 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • The Norfolk SPCA has leased 3,000 square feet of veterinary office space at Roosevelt Gardens Shopping Center in Norfolk, VA. Michael Myers represented the tenant.
  • The Wine Seller has leased 3,000 square feet of retail space at Monticello Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Fit For A Queen LLC has leased 2,983 square feet of retail space at 9000 Quioccasin Road in Henrico, VA. Elliot Warsof represented the landlord.
  • One Three Audio LLC has leased 2,925 square feet of retail space at 4021 MacArthur in Richmond, VA. Zach Hernandez represented the tenant.
  • Mobility City has leased 2,857 square feet of retail space at Thomas Corner Shopping Center in Norfolk, VA. Murray Rosenbach represented the landlord.
  • Anything But Ordinary Therapy Group PLLC has leased 2,294 square feet of office space at 6330 Newtown Road in Norfolk, VA. Ashley Bussey represented the tenant.
  • Biggsby Coffee has leased 2,200 square feet of retail space at 2422 Princess Anne Road in Virginia Beach, VA. Chris Zarpas and Martin Murden represented the landlord.
  • MEB General Contractor has leased 1,200 square feet of retail space at 2408 Princess Anne Road in Virginia Beach, VA. Chris Zarpas and Martin Murden represented the landlord.
  • Atlas Credit Company, Inc. has leased 1,000 square feet of retail space at Turnberry Crossing in Newport News, VA. Mike Zarpas and Ben Leon represented the landlord.
  • Tobacco & Vape has leased 1,000 square feet of retail space at Turnberry Crossing in Newport News, VA. Mike Zarpas and Ben Leon represented the landlord.
  • Southside Motor Sport, LLC has leased 1,000 square feet of retail space at Victory West Shopping Center in Portsmouth, VA. Mike Zarpas represented the landlord.
  • Phone Repair Guy has leased 800 square feet of retail space at Little Creek Marketplace Shopping Center in Norfolk, VA. Chris Hucke represented the landlord.
  • Exclusive Clientele Barber Shop has leased 630 square feet of retail space at Kempsville Plaza in Virginia Beach, VA. Pierce Jacobson represented the landlord.
  • Sweetie Boy Fab Workz LLC has leased 500 square feet of industrial space on 1.85 acre at 2300 Jefferson Davis Highway in Richmond, VA. Elliot Warsof represented the tenant.
  • Sole Transcended Massage Therapy, LLC has leased 351 square feet of office space at Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and Sam Rapoport represented the landlord.
  • Cross Accounting LLC has leased 291 square feet of office space a Rockwood Office Park in N. Chesterfield, VA. Andrew Thacker and Zach Hernandez represented the landlord.
  • Tetyana Matviychuk has leased 189 square feet of office space a Rockwood Office Park in N. Chesterfield, VA. Andrew Thacker and Zach Hernandez represented the landlord.

SALE TRANSACTIONS:  

  • Jeffrey R. Friedman Revocable Trust has purchased a 2,586 square foot Arby’s on 1.118 acre located at 100 Woodlake Drive in Chesapeake, VA from W.J. Vakos & Company for $2,025,000. Doug Aronson represented the seller.
  • 11490 Sheridan Boulevard, LLC has purchased Andy’s Frozen Custard, a 1,590 square foot commercial building on .74 acre located at 6985 S. Broadway in Littleton, CO from Broadridge Shopping Center, LLC for $1,669,000. Doug Aronson represented the seller.
  • Aksit Properties, LLC has purchased a 9,100 square foot Dollar General Store on 3.31 acres located on Highway 19E in Newland, NC from The Broadway Group, LLC for $1,640,000. Ashley Bussey represented the buyer.
  • HTW Popeyes LLC has purchased a 2,789 square foot Popeyes property on .79 acre located at 100 Debaun Loop in Chesapeake, VA from W.J. Vakos & Company for $1,500,000. Doug Aronson represented the seller.
  • Koppens Way, LLC has purchased two industrial buildings totaling 10,000 square feet on 2 acres located at 1201 Cavalier Boulevard in Chesapeake, VA from Gary and Gayle Terwilliger for $1,400,000. Stephanie Sanker, CCIM, SIOR represented the buyer.
  • Nguyen LLC has purchased an 11,830 square foot office building on 1.416 acres located at 1700 Huguenot Road in Midlothian, VA from 1700 Huguenot LLC for $1,100,000. Zach Hernandez represented the seller.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

  • Chick Fil-A has extended its lease and expanded on a 2.25 acre outparcel located at Monticello Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Brother’s Rental has expanded to 11,455 square feet of retail space in Merchant’s Walk Shopping Center at 7580 W. Broad Street in Henrico, VA. Elliot Warsof represented the landlord.
  • Maxim Healthcare Services, Inc. has renewed its lease on 6,247 square feet of office space at Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and Sam Rapoport represented the landlord.
  • Original Mattress Factory has extended its lease on 4,000 square feet of retail space at The Shops at Cedar Valley in Williamsburg, VA. Neal Sadler represented the landlord.
  • Transitions Float RVA has renewed its lease on 3,491 square feet of retail space in Sycamore Square Shopping Center at 1312 Sycamore Square in Midlothian, VA. Bob Butcher represented the landlord.
  • Moe’s Southwest Grill has extended its lease on 3,000 square feet of retail space at WindsorMeade Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Sam’s Beauty has extended its lease on 2,600 square feet of retail space at University Shoppes in Norfolk, VA. Nathan Jaffe represented the landlord.
  • Williamsburg Floral & Gifts has extended its lease on 2,520 square feet of retail space at James York Plaza Shopping Center in Williamsburg, VA. Neal Sadler and Maggie Spillane represented the landlord.
  • VA ABC has extended its lease on 2,464 square feet of retail space at Smithfield Square Shopping Center in Smithfield, VA. Chris Hucke represented the landlord.
  • Patrick S. Yockey, P.C. has renewed its lease on 1,664 square feet of office space at 109 E. Main Street in Norfolk, VA. Michael Myers represented the landlord.
  • Jersey Mike’s Subs has exercised its option on 1,650 square feet of retail space at Marketplace Shoppes in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Peak Performance for Men Hampton Roads, Inc. has expanded its lease on 1,634 square feet of office space at Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and Sam Rapoport represented the landlord.
  • GameStop has extended its lease on 1,489 square feet of retail space at The Shops at Cedar Valley in Williamsburg, VA. Neal Sadler represented the landlord.
  • VA Vape has extended its lease on 1,347 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Andy’s Barber Shop has extended its lease on 1,282 square feet of retail space at Colley Village Shopping Center in Norfolk, VA. Neal Sadler represented the landlord.
  • Pak Mail has extended its lease on 1,020 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
  • Metro PCS has extended its lease on 1,000 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Xperience Robotics, Inc. has renewed its lease on 908 square feet of office space at Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and Sam Rapoport represented the landlord and Ashley Bussey represented the tenant.
  • NAMI Coastal Virginia renewed its lease on 390 SF of office space at Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and Sam Rapoport 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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