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S.L. Nusbaum Realty Co. Announces Completed Transactions For February 2015

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

Norfolk, VA - (March, 2015) - S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions for the Norfolk and Richmond Offices:

NEW LEASES:

  • Wendy's has leased a +1 acre outparcel at WindsorMeade Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • My Way Leases has leased 5,000 square feet of retail space at Warwick Denbigh Shopping Center in Newport News, VA. Neal Sadler represented the landlord and Mike Zarpas represented the tenant.
  • Tidal Wave Graphics has leased 4,750 square feet of industrial space at 625 Innovation Drive, Units A & B in Chesapeake, VA. Michael Myers represented the landlord.
  • Families First of Virginia, Inc. has leased 4,187 square feet of office space at 4701 Columbus Street in Virginia Beach, VA. John Profilet, SIOR represented the landlord.
  • Forensic Analysis and Engineering has leased 3,000 square feet of flex space at 2503 58th Street in Hampton, VA. Seth Norman and Stephanie Sanker, CCIM, SIOR represented the landlord.
  • Anytime Fitness has leased 2,562 square feet of retail space at Windsor Commons Shopping Center in Windsor, VA. Mike Zarpas represented the landlord.
  • Parlor Avenue has leased 2,250 square feet of retail space at 1310 E. Little Creek Road in Norfolk, VA. Michael Myers handled the transaction.
  • FitLab, LLC has leased 1,900 square feet of retail space at 1440 N. Great Neck Road in Virginia Beach, VA. John Profilet, SIOR represented the landlord.
  • Reddick Quality Concrete has leased 1,500 square feet of flex space   at 2503 58th Street in Hampton, VA. Seth Norman and Stephanie Sanker, CCIM, SIOR represented the landlord.
  • Stich by Stitch Quilt Shop has leased 1,375 square feet of retail space at Chesterfield Meadows in Chesterfield, VA. Bob Butcher represented the landlord.
  • EA Tax Service has leased 1,230 square feet of retail space at Warwick Village Shopping Center in Newport News, VA. Tyler Jacobson represented the landlord.
  • Hampton Roads Tax and Accounting, LLC has leased 1,200 square feet of retail space at Holly Point Shopping Center in Chesapeake, VA. Mike Zarpas, Chris Zarpas and Chris Devine represented the landlord.
  • Discount Supplements Direct has leased 1,200 square feet of retail space at Holland Windsor Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Wireless Works has leased 1,200 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
  • Rockstar Restaurant Group, LLC has leased 1,000 square feet of retail space at Huguenot Village Shopping Center in Richmond, VA. Bob Butcher represented the landlord.
  • Comfort and Care Services, LLC has leased 250 square feet of office space at 3630 S. Plaza Trail in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and Chris Devine represented the landlord.

SALE TRANSACTIONS

  • Olde Jamestowne Apt, LLC has purchased Olde Jamestowne Apartments, a 54-unit community located in Williamsburg, Virginia from Olde Jamestowne Apartments, LP for $3,000,000. Bill Overman, CCIM and John Wessling, CCIM represented the seller.
  • Savant Deux, LLC has purchased a 20,120 square foot commercial building located on 1.16 acre at 2200 Mingee Drive in Hampton, VA from Valla Godwin Riggins Trust for $600,000. Christopher Zarpas represented the buyer.
  • Anchor Allies II, LLC has purchased "It's All Greek to Me" located at 357 Independence Boulevard, Unit 3 in Virginia Beach, VA from Hazro, Inc. Ross A. Weinstein, Esq. handled the transaction.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

  • Rite Aid has renewed its lease on 12,021 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
  • 7-Eleven has extended its lease on 4,000 square feet of retail space at Lynn Shores Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Williamsburg Floral & Gifts has extended its lease on 2,520 square feet of retail space at James York Plaza in Williamsburg, VA. Neal Sadler represented the landlord.
  • Tropical Smoothie Café has extended its lease on 2,400 square feet of retail space at ODU Village in Norfolk, VA. Murray Rosenbach represented the landlord.
  • Princess Nails and Modern Day Spa has extended its lease on 2,400 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Ed's Shoe Repair has extended its lease on 2,160 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Michael Gurley represented the landlord.
  • Subway has renewed its lease on 1,500 square feet of retail space at Marketplace Shoppes in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Invitation to Party has extended its lease on 1,370 square feet of retail space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.
  • Norfolk Florist has extended its lease on 1,200 square feet of retail space at College Park Square I in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • The UPS Store has extended its lease on 1,200 square feet of retail space at Little Creek Marketplace in Norfolk, VA. Christopher Hucke represented the landlord.
  • Paradise Nails has extended its lease on 1,200 square feet of retail space at Glenwood Square Shopping Center in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • School of Art has renewed its lease on 1,200 square feet of retail space at WindsorMeade Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • KV Nails has extended its lease on 1,065 square feet of retail space at Suffolk Plaza in Suffolk, VA. Christopher Hucke represented the landlord.
  • Cottage Lane has extended its lease on 1,036 square feet of retail space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.
  • Taste Unlimited has expanded into an additional 1,031 square feet of retail space Riverfront Shoppes in Suffolk, VA. J.C. Wynkoop represented the landlord.
  • Great Clips has extended its lease on 900 square feet of retail space at Virginia Center Marketplace in Glen Allen, VA. Bob Butcher represented the landlord.
  • Vermani Insurance has extended its lease on 825 square feet of retail space at Buckner Retail Shops in Virginia Beach, VA. Christopher Hucke represented the landlord.
  • Designs, Inc. has extended its lease on 630 square feet of retail space at Kempsville Plaza Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord. 

With over 111 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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