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S.L. NUSBAUM REALTY CO. ANNOUNCES $7.5 MILLION IN COMPLETED TRANSACTIONS FOR FEBRUARY 2019

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

NORFOLK, VA – (March 2019) S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $7.5 million in sales and lease volume on 100,831 square feet and approximately 3 acres for the Norfolk and Richmond Offices:

NEW LEASES:

  • Badcock Furniture has leased 15,000 square feet of retail space at Roanoke Rapids Shopping Center in Roanoke Rapids, NC. Murray Rosenbach represented the landlord.
  • Domoishi has leased 7,768 square feet of retail space in Chesterfield Meadows located at 6443 Centrailia Road in Chesterfield, VA. Richard Jacobson represented the landlord.
  • Tuff Shed, Inc. has leased 5,000 square feet of industrial space at 5768 Arrowhead Drive in Virginia Beach, VA. Pierce Jacobson and Stephanie Sanker, CCIM, SIOR represented the landlord.
  • The Cheese and Wine Tavern Co. has leased 4,540 square feet of retail space at Lynnhaven North Shopping Center in Virginia Beach, VA. Martin Murden represented the tenant.
  • RNS Enterprises, LLC has leased 3,800 square feet of retail space on .3394 acre located at 846 E. Little Creek Road in Norfolk, VA. Martin Murden and Pierce Jacobson represented the landlord.
  • Fast Fit Body Sculpting has leased 3,793 square feet of retail space at Marketplace Shoppes in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Point 2 Running has leased 2,730 square feet of retail space in Towne Place at Greenbrier in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Strong Industries, LLC has leased 2,349 square feet of industrial space at 1001 W. 27th Street in Norfolk, VA. Pierce Jacobson represented the tenant.
  • Aim Higher Support Services, Inc. has leased 2,083 square feet of office space at 2939 W. Marshall Street in Richmond, VA. Zach Brenner represented the landlord.
  • Bay Local has leased 1,296 square feet of office space at the West Financial Building in Virginia Beach, VA. Neal Sadler and Chris Hucke represented the tenant.
  • Fantasy Vape 804 has leased 1,265 square feet of retail space at Short Pump Corner located at 11573 West Broad Street, Space #A3, in Richmond, VA. Andrew Thacker and Bob Butcher represented the landlord.
  • Domoishi has leased 1,100 square feet of retail space at Buckner Retail Center in Virginia Beach, VA. Chris Hucke represented the landlord.
  • George West End Barber Shop has leased 918 square feet of retail space at Quioccasin Station, Unit #14 in Richmond, VA. Elliot Warsof represented the landlord.
  • Signature Cuts has leased 450 square feet of retail space at Arch Village, Unit #10 in Richmond, VA. Elliot Warsof and Nathan Shor represented the landlord.

SALE TRANSACTIONS:

  • Luan Thanh and Nhi Hong Nguyen have purchased 2 acres of land located at 7821 Sgrader Road in Henrico, VA from The Fourth J-M-J Corporation for $550,000. Nathan Shor, Zach Brenner, Colin Williams and Graham Sheridan represented the seller.
  • Ragworks, LLC has purchased a 2,470 square feet flex/industrial building on .5 acre located at 5121 Witchduck Court in Virginia Beach, VA from 4th Island, LLC for $335,000. Martin Murden and Seth Norman represented the seller.
  • RBG Pilaflan Properties, LLC has purchased a 2,348 square foot office building located at 7617 Pocoshock Way, Unit C in N. Chesterfield, VA for $181,000. Graham Sheridan and Nathan Shor represented the buyer.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

  • Ann’s Hallmark Card & Gift Shop has extended its lease on 4,480 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • The Wine Seller has extended its lease on 3,000 square feet of retail space at Monticello Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • School Crossing has extended its lease on 3,000 square feet of retail space at Monticello Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Tokyo Grill has extended its lease on 3,000 square feet of retail space at College Park Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Tiger Martial Arts has extended its lease on 2,750 square feet of retail space at Suffolk Village Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Bay Local has exercised its option on 2,800 square feet of retail space at 2917 Shore Drive in Virginia Beach, VA. Neal Sadler and Chris Hucke represented the tenant.
  • Wells Fargo has exercised its option on 2,400 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Dollar Bank, FSB has extended its lease on 2,310 square feet of retail space at 1580 Crossways Boulevard in Chesapeake, VA. Sam Rapoport and Michael Gurley represented the tenant.
  • Peninsula Hydroponics, LLC has renewed its lease and expanded into 1,750 square feet of retail space at Greenwood Shopping Center in Hampton, VA. Mike Zarpas represented the landlord.
  • Subway has renewed its lease on 1,750 square feet of retail space in Chesterfield Meadows located at 6521 Centralia Road in Chesterfield, VA. Bob Butcher represented the landlord.
  • Reddick Quality Concrete Services, LLC has renewed its lease on 1,500 square feet of industrial space at 2503 58th Street in Hampton, VA. Seth Norman and Stephanie Sanker, CCIM, SIOR represented the landlord.
  • Safe House Leasing Company, LLC has renewed its lease on 1,450 square feet of office space at 2128 London Bridge Road in Virginia Beach, VA. Pierce Jacobson and Bill Overman, CCIM represented the landlord.
  • Sundays Tanning Resort has expanded its lease by 1,440 square feet of retail space at WindsorMeade Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Artistic Obsession, LLC has renewed its lease on 1,400 square feet of retail space in Creighton Crossing located at 6102 Brashier Boulevard, Suite A in Mechanicsville, VA. Andrew Thacker and Bob Butcher represented the landlord.
  • Affinity Integrated Solutions, Inc. has renewed its lease on 1,251 square feet of office space at Southgate Centre in Virginia Beach, VA. Ashley Bussey represented the tenant.
  • Exquisite Designs The Salon has extended its lease on 1,230 square feet of retail space at Warwick Village Shopping Center in Newport News, VA. Tyler Jacobson represented the landlord.
  • Total Tress Formation, LLC has renewed its lease on 720 square feet of retail space a 10393 Sliding Hill Road, Suite F in Ashland, VA. Andrew Thacker and Bob Butcher represented the landlord.

With over 113 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 and industrial properties throughout the Mid-Atlantic and Southeast.

 

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