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S.L. Nusbaum Realty Co. Announces Completed Transactions for June 2014

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

Norfolk, VA - (July, 2014) - S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions for the Norfolk and Richmond Offices:

NEW LEASES:

  • EdgeConneX Holdings, LLC has leased 19,820 square feet of industrial space at 3800 Village Avenue in Norfolk, VA. C. Cheyney Cole, Jr., CCIM represented the landlord.
  • James Williams has leased 5,232 square feet of office/warehouse space located at 2609, 2611, 2613 Nevada Avenue in Norfolk, VA. C. Cheyney Cole, Jr., CCIM represented the landlord.
  • Tony's Unisex Barber College has leased a 1,730 square foot commercial building at 731 Monticello Avenue in Norfolk, VA. Michael Myers handled the transaction.
  • Jimmy's Pizza and Subs has leased 1,235 square feet of retail space at Military Square in Chesapeake, VA. Michael Zarpas represented the landlord.
  • Great Neck Pools has leased 1,200 square feet of retail space at Great Neck Village in Virginia Beach, VA. Neal Sadler represented the landlord.
  • TK Automotive has leased 1,200 square feet at Victory Square Shopping Center in Portsmouth, VA. Michael Zarpas represented the landlord.
  • Duncan's Posh Salon has leased 1,200 square feet of retail space at Monticello Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Vapor Bound has leased 1,113 square feet of retail space at Waterlick Plaza in Lynchburg, VA. Nathan Shor represented the landlord.
  • Sassy Bee has leased 900 square feet of retail space at The Shoppes at Bellgrade in Midlothian, VA. Bob Butcher represented the landlord.

SALE TRANSACTIONS

  • Pawsatively Purrfect, LLC has purchased a 12,792 square foot commercial building on .725 acre of land located at 1605 Rhoadmiller Street in Richmond, VA from MCV Associated Physicians for $635,000. Reid Cardon represented the buyer.
  • Metropolitan Property Investments, LLC has purchased .22 acre located at 200 N. George Washington Highway in Chesapeake, VA from Yushika Exports, Inc. for $250,000. John Wessling, CCIM and Bill Overman, CCIM represented the buyer and seller.

LEASE RENEWAL/EXTENSIONS/EXPANSIONS:

  • Continental Terminals, Inc. has extended its lease on 38,500 square feet of industrial space at 3941 Holland Blvd. in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the landlord and Michael Myers represented the tenant.
  • Big Lots has exercised its option on 33,599 square feet of retail space at Suffolk Plaza in Suffolk, VA. Christopher Hucke represented the landlord.
  • Bed, Bath & Beyond has renewed its lease on 23,000 square feet of retail space at WindsorMeade Marketplace in Williamsburg, VA. Richard Jacobson and Tyler Jacobson represented the landlord. 
  • Innovate Architecture & Interiors, Inc. has renewed its lease on 6,000 square feet of office space at 441 Washington Street, Suite 200 in Portsmouth, VA. Michael Myers handled the transaction.
  • Rent-A-Center has exercised its option on 4,000 square feet of retail space at Regency Hilltop in Virginia Beach, VA. Michael Gurley represented the landlord.
  • Movieland has extended its lease on 3,600 square feet of retail space at College Park Square I in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Denison's has extended its lease on 3,500 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Christopher 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.
  • Chester Physical Therapy has renewed its lease on 3,000 square feet of retail space at Chesterfield Meadows in Chesterfield, VA. Bob Butcher represented the landlord.
  • Goodman & Sons Jewelers has extended its lease on 3,000 square feet at Monticello Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Liberty Mutual has extended its lease on 2,300 square feet of retail space at Towne Place at Greenbrier in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Sushi Gold Taste has extended its lease on 1,600 square feet of retail space at Monticello Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Rebecca's Skin Care has extended its lease on 1,200 square feet of retail space at Regency Hilltop in Virginia Beach, VA. Michael Gurley represented the landlord.
  • Sassy Bee has renewed its lease on 1,200 square feet of retail space at The Shoppes at Bellgrade in Midlothian, VA. Bob Butcher represented the landlord.
  • No. 1 Chinese Restaurant has extended its lease on 1,200 square feet of retail space at Quarterpath Crossing in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Crystal's Styling Salon has extended its lease on 1,100 square feet of retail space at College Park Square II in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Bank of America has renewed its lease on ATM space at The Shoppes at Bellgrade in Midlothian, VA. Bob Butcher represented the landlord.
  • Boost Mobile has extended its lease on 1,080 square feet of retail space at University Shoppes in Norfolk, VA. Nathan Jaffe represented the landlord.
  • Flava has extended its lease on 630 square feet of retail space at Suffolk Plaza in Suffolk, VA. Christopher Hucke 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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