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S.L. Nusbaum Realty Co. Announces Completed Transactions for July 2015

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

Norfolk, VA - (August, 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:

  • Peerless Carpet Care & Restoration Services has leased 17,100 square feet of industrial space at 3450 E. Virginia Beach Boulevard in Norfolk, VA. Wade Wawner and Stephanie Sanker, CCIM, SIOR represented the tenant.
  • Sola Salon has leased 7,038 square feet of retail space at Towne Place at Greenbrier in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Dish Network Services, LLC has leased 6,395 square feet of industrial space located at 904 Professional Place in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR and Wade Wawner represented the landlord.
  • The Word Church Center and Restoration, Inc. has leased 4,996 SF commercial building located at 3386 Holland Road in Virginia Beach, VA. Chris Devine represented the tenant.
  • Starbucks has leased a .6 acre outparcel with a 3,000 square foot retail building at Huguenot Village Shopping Center in Richmond, VA. Bob Butcher represented the landlord.
  • Bushin Kan Dojo has leased 2,400 square feet of retail space at James York Plaza in Williamsburg, VA. Neal Sadler represented the landlord.
  • Artful Smiles Dentistry has leased 1,719 square feet of office space at 5511 Princess Anne Road, Suite 201 in Virginia Beach, VA. Seth Norman, John Wessling, CCIM and Bill Overman, CCIM represented the tenant.
  • Adele Diamond, LLC has leased 1,632 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
  • VA Home Realty, LLC has leased 1,402 square feet of office space at Oakbrooke Professional Center in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR and Wade Wawner represented the landlord.
  • Pioneer Services has leased 1,400 square feet of retail space at J.A.N.A.F. Shopping Yard in Norfolk, VA. Michael Gurley represented the landlord and Michael Zarpas represented the tenant.
  • 619 Cantina has leased 1,280 square feet of retail space at Millwood Plaza in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Make Up by Kim Nicole has leased 1,194 square feet of retail space at the Wells Fargo Center in Norfolk, VA. Richard Jacobson and Sharon Swanberg represented the landlord.
  • Saigon #1 has leased 1,180 square feet of retail space at Pleasant Valley Shopping Center in Virginia Beach, VA. Seth Norman represented the tenant.
  • Virginia Beach Sports Chiropractic has leased 1,064 square feet of office space at Courtyard at Providence in Virginia Beach, VA. Seth Norman represented the landlord.
  • Derby Supply Hampton Roads has leased 990 square feet of office space at Courtyard at Providence in Virginia Beach, VA. Seth Norman represented the landlord.
  • Vapor Paradize has leased 900 square feet of retail space at Lynnhaven Crossing in Virginia Beach, VA. Tyler Jacobson represented the landlord.

  SALE TRANSACTIONS:

  • Pierce Realty, LLC has purchased a 50,425 square foot commercial building on 4.85 acres located at 3941 Holland Boulevard in Chesapeake, VA from Halley Properties, LLC for $1,750,000. Stephanie Sanker, CCIM, SIOR, John Wessling CCIM and Bill Overman, CCIM represented the seller and Stephanie Sanker, CCIM, SIOR and J.C. Wynkoop represented the buyer.
  • Shore Baywatch Associates, LLC has purchased 1.07 acre located at 4717 Shore Drive in Virginia Beach, VA from H.V.V.B., LLC for $1,000,000. Bill Overman, CCIM and John Wessling, CCIM represented the seller.
  • Berkowitz Family, LLC has purchased a 12,353 square foot industrial building on 1.6 acre located at 2500 Performance Court in Virginia Beach, VA from ABNB Federal Credit Union for $550,000. Stephanie Sanker, CCIM, SIOR and Chris Devine represented the seller.
  • RC Demolition, LLC has purchased a 4,984 square foot industrial building on .31 acre located at 2705, 2707 & 2711 Wyoming Avenue in Norfolk, VA from Robert W. Smith, Inc. for $410,000. John Profilet, SIOR and Seth Norman represented the seller.

  LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

  • Dress Barn has exercised its option on 15,000 square feet of retail space at Loehmann's Plaza in Virginia Beach, VA. Michael Gurley represented the landlord.
  • Rite Aid has extended its lease on 8,400 square feet of retail space at James York Plaza in Williamsburg, VA. Neal Sadler represented the landlord.
  • Tu Left Feet has extended its lease and expanded to 3,430 square feet of retail space at Maxey Center in Powhatan, VA. Nathan Shor represented the landlord.
  • The Pizza Shop has extended its lease on 2,142 square feet of retail space at Washington Square in Grafton, VA. Neal Sadler represented the landlord.
  • Tropical Smoothie has extended its lease on 2,000 square feet of retail space at Little Creek Marketplace in Norfolk, VA. Christopher Hucke represented the landlord.
  • Pamper Salon has extended its lease on 2,000 square feet of retail space at Virginia Center Marketplace in Glen Allen, VA. Bob Butcher represented the landlord.
  • The Grecian Plate has extended its lease on 1,440 square feet of retail space at WindsorMeade Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Pizza Hut has exercised its option on 1,200 square feet of retail space at Glenwood Square in Chesapeake, VA Murray Rosenbach represented the landlord.
  • Beauty Salon Expo has extended its lease on 1,150 square feet of retail space at The Crossing at Deep Creek in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Blinds Galore has extended its lease on 990 square feet of retail space at Quarterpath Crossing in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Tricia's Sweets 'N Treats has extended its lease on 861 square feet of retail space at Sycamore Square in Midlothian, VA.  Bob Butcher represented the landlord.
  • Liberty Tax has extended its lease on 825 square feet of retail space at Suffolk Village in Suffolk, VA. Christopher Hucke represented the landlord.
  • Smokey's Vapors has extended its lease on 750 square feet of retail space at Chesterfield Meadows Shopping Center in Chesterfield, VA. Bob Butcher 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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