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S.L. Nusbaum Realty Co. Announces Completed Transactions for February 2013

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

Norfolk, VA - (March, 2013) - S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions for the Norfolk and Richmond Offices:

NEW LEASES:

  • GFA has leased 109,180 square feet of industrial space at 1157 Production Road in Norfolk, VA. Andrew Myers represented the landlord.
  • West Marine has leased 22,350 square feet of retail space at Loehmann's Plaza in Virginia Beach, VA. Michael Gurley represented the landlord.
  • Southeast Connections, LLC has leased a 20,504 square foot office/warehouse building located at 4550 Bainbridge Blvd. in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
  • Robert's Furniture and Mattress has leased a 13,412 square foot free standing retail building located at 3032-1 Richmond Road in Williamsburg, VA. Michael Myers handled the transaction.
  • Eurasia has leased 4,006 square feet of retail space at Linkhorn Shoppes in Virginia Beach, VA. Neal Sadler represented the landlord.
  • Simon Lin has leased 2,373 square feet of retail space at Waterlick Plaza in Lynchburg, VA. Nathan Shor represented the landlord.
  • Michael Prieto has leased 1,250 square feet of office space at ACB Office/Warehouse in Norfolk, VA. Mark B. Warlick, SIOR represented the landlord.
  • 9Round has leased 1,235 square feet of retail space at Plantation Woods in Chesapeake, VA. Bill Overman, CCIM and John Wessling, CCIM represented the tenant.
  • Guanqxie Shen & Jinfeng Li have leased 1,200 square feet of retail space at Waterlick Plaza in Lynchburg, VA. Nathan Shor represented the landlord.
  • Pigtails and Crewcuts have leased 1,200 square feet of retail space at Marketplace Shoppes in Williamsburg, VA. Stephan Gordon and Tyler Jacobson represented the landlord.
  • Livewire Church has leased 900 square feet of retail space at Mountain View Shopping Center in Wytheville, VA. Read F. Goode, Jr. represented the landlord.
  • Taqueria La Bahia Restaurant has leased 900 square feet of retail space at Diamond Springs North Shopping Center in Virginia Beach, VA. J.C. Wynkoop represented the tenant.

SALES TRANSACTIONS:

  • ACHS, LLC has purchased a 7,421 square foot retail building located at 11420 W. Huguenot Road in Midlothian, VA from The Salvation Army for $1,025,000. Read F. Goode, Jr. represented the buyer.
  • Loretta Carrico, DVM has purchased a 6,575 square foot office building located at 921 N. Battlefield Boulevard in Chesapeake, VA from Commonwealth Building Company for $700,000. Mark B. Warlick, SIOR represented the seller.

 LEASE RENEWAL/EXTENSIONS:

  • Christie Kantor Griffin Smith Shepherd & Chiusand, PC has renewed its lease on 5,347 SF of office space at Pinehurst Centre, 477 Viking Drive in Virginia Beach, VA.  Jerry Adams represented the tenant. 
  • Compound Crossfit has renewed its lease on 5,000 square feet of office/warehouse space at 905 Live Oak Drive in Chesapeake, VA. Stephanie Sanker represented the tenant.
  • Williams & Sherrill, Inc. has renewed its lease on 5,000 square feet of retail space at Rivanna Business Court in Midlothian, VA. Bob Butcher represented the tenant.
  • Kitchen & Bath Ideas has extended its lease on 4,866 square feet of retail space at Regency Hilltop in Virginia Beach. Michael Gurley represented the landlord.
  • BikeBeat has exercised its option on 4,000 square feet of retail space at Monticello Marketplace in Williamsburg, VA. Stephan Gordon and Tyler Jacobson represented the landlord.
  • Radio Shack has extended its lease on 1,800 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
  • BodyFit has extended its lease on 1,600 square feet of retail space at Quarterpath Crossing in Williamsburg, VA. Stephan Gordon and Tyler Jacobson represented the landlord.
  • Domino's Pizza has extended its lease on 1,344 square feet of retail space at Smithfield Square in Smithfield, VA. Christopher Hucke represented the landlord.
  • Andy's Barber Shop has extended its lease on 1,282 square feet of retail space at Colley Village in Norfolk, VA. Neal Sadler represented the landlord.
  • Express Check Advance has extended its lease on 1,200 square feet of retail space at Holland Windsor Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • School of Art has extended its lease on 1,200 square feet of retail space at WindsorMeade Marketplace in Williamsburg, VA. Stephan Gordon and Tyler Jacobson represented the landlord.
  • BR Framing has extended its lease on 1,125 square feet of retail space at Washington Square in Grafton, VA. Christopher Hucke represented the landlord.
  • Jackson Hewitt has extended its lease on 1,080 square feet of retail space at Suffolk Plaza in Suffolk, VA. Christopher Hucke represented the landlord.
  • Taco Bell has extended its lease on .4972 acre at Great Neck Village in Virginia Beach, VA. Neal Sadler represented the landlord.

With over 112 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.

 

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