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

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

Norfolk, VA - (July, 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:

  • Payless Super Store has leased 6,760 square feet of space at J.A.N.A.F. Shopping Yard in Norfolk, VA. Michael Gurley represented the landlord.
  • ABC Store has consummated a lease to relocate and expand into 6,000 square feet of retail space at Short Pump Crossing in Richmond, VA. Bob Butcher represented the landlord.
  • It's Fashion has leased 5,000 square feet of retail space at J.A.N.A.F. Shopping Yard in Norfolk, VA. Michael Gurley represented the landlord.
  • Katmai Technical Services has leased 3,300 square feet of industrial space at 901 Port Centre Parkway, Suite 6 in Portsmouth, VA. Michael Myers represented the tenant.
  • Smoke Shop has leased 2,800 square feet of retail space at Centre Stage @ Lumberton in Lumberton, NC. Nathan Shor represented the landlord.
  • Boost Mobile has leased 2,400 square feet of retail space at Suffolk Plaza in Suffolk, VA. Chris Hucke represented the landlord.
  • SyCom Technologies, LLC has leased 2,327 square feet of office space at 100 Constitution Drive in Virginia Beach, VA. John M. Profilet, SIOR represented the landlord.
  • Forward Fitness & Performance has leased 1,500 square feet of retail space at Millwood Plaza in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Blue's Barber & Beauty has leased 1,200 square feet of retail space at Chesterfield Meadows Shopping Center in Chesterfield, VA. Bob Butcher represented the landlord.
  • Studio 88 has leased 1,050 square feet of retail space at Victory West Shopping Center in Portsmouth, VA. Mike Zarpas represented the landlord and tenant.
  • Epic Vapor has leased 1,000 square feet of retail space at Lynnshores Shopping Center in Virginia Beach, VA, Murray Rosenbach represented the landlord.
  • Clients First Home Health has leased 855 square feet of office space at 355 Crawford Street in Portsmouth, VA, John M. Profilet, SIOR represented the landlord.
  • C.L. Ducre Homes, LLC has leased 770 square feet of office space at 355 Crawford Street in Portsmouth, VA. John M. Profilet, SIOR represented the landlord.

  SALE TRANSACTIONS:

  • Nuckols Place VFI, L.C. has purchased 14.824 acres of land located at 5400 Wyndham Forest Drive in Glen Allen, VA from Ukrop's Supermarkets, Inc. for $8,100,000. Jim Gresock and Nathan Shor represented the seller.
  • The Franklin Johnston Group has purchased 19.682 acres of land located at 2637 Princess Anne Road in Virginia Beach, VA from First Lynnhaven Baptist Church for $6,500,000. Bill Overman, CCIM and John Wessling, CCIM represented the buyer.
  • Wythe Holdings I, LLC has purchased a 13,412 square foot retail building located at 3032-1 Richmond Road in Williamsburg, VA from E.W. Crawford, Jr. and Clinton O. Crawford, Jr. for $1,499,000. Michael Myers handled the transaction.
  • Integument RX Suffolk, LLC has purchased 1.14 acre located at 1035 Centerbrooke Lane in Suffolk, Virginia from C & F Bank for $130,000. Bill Overman, CCIM and John Wessling, CCIM represented the seller.

  LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

  • Citi Trends has exercised its option on 10,414 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Michael Gurley represented the landlord.
  • Women's Workout World has extended its lease on 9,600 square feet of retail space at Little Creek Square in Norfolk, VA. Nathan Jaffe represented the landlord.
  • Short Pump Pour House has extended its lease on 5,000 square feet of retail space at Short Pump Crossing in Richmond, VA. Bob Butcher represented the landlord.
  • The Original Mattress Factory has extended its lease on 4,000 square feet of retail space at Virginia Center Marketplace in Glen Allen, VA. Bob Butcher represented the landlord.
  • Marianne Kelley's School of Dance has extended its lease on 4,522 square feet of retail space at Huguenot Village Shopping Center in Richmond, VA. Bob Butcher represented the landlord.
  • Oast & Taylor PLC has renewed its lease on 2,594 square feet of office space at 355 Crawford Street in Portsmouth, VA. John M. Profilet, SIOR represented the landlord.
  • AT&T Mobility has extended its lease on 2,515 square feet of retail space at Raceway Market Shops in Indianapolis, IN. Matthew Nusbaum represented the landlord.
  • Tropical Smoothie has extended its lease on 1,500 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Bobbi & Helen's School of Dance has extended its lease on 1,500 square feet of retail space at Kempsville Plaza in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Folk City Tattoo has extended its lease on 1,425 square feet of retail space at Creekside Village Shopping Center in Suffolk, VA. Neal Sadler represented the landlord.
  • Office Supply has extended its lease on 1,344 square feet of retail space at Smithfield Square in Smithfield, VA. Chris Hucke represented the landlord.
  • Papa Murphy's has exercised its option on 1,100 square feet of retail space at Buckner Retail Center in Virginia Beach, VA. Chris Hucke represented the landlord.
  • Pak Mail has extended its lease on 1,020 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
  • Edward Jones has extended its lease on 973 square feet of retail space at Crossing at Deep Creek in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Tunic Boutique has extended its lease on 900 square feet at Short Pump Crossing in Richmond, VA. Bob Butcher represented the landlord.
  • Top Tailor has extended its lease on 824 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
  • Helen's Tailoring has renewed its lease and relocated into 750 square feet of retail space at Great Neck Village in Virginia Beach, VA. Neal Sadler represented the landlord.
  • Young's Alterations has extended its lease on 700 square feet of retail space at Huguenot Village Shopping Center in Richmond, VA. Bob Butcher 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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