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

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

Norfolk, VA - (June, 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:

  • Kirkland's has leased 7,500 square feet of retail space at Monticello Marketplace in Williamsburg, VA. Tyler Jacobson and Richard Jacobson represented the landlord.
  • The Vape Shop has leased 4,025 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Michael Gurley represented the landlord.
  • Weichert Realtors Hunter Team has leased 2,325 square feet of office space at 3613-3615 Virginia Beach Blvd. in Virginia Beach, VA. Michael Myers represented the landlord.
  • AOC Salon has leased 1,800 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
  • Firefly Lane has leased 1,768 square feet of retail space at Huguenot Village Shopping Center in Richmond, VA. Bob Butcher represented the landlord.
  • Planet Fitness Corporate Office has leased 1,500 square feet of office space at 600 Thimble Shoals Blvd. in Newport News, VA. Bill Overman, CCIM & Chris Zarpas represented the tenant.
  • Savor the Olive has leased 1,499 square feet of retail space at Riverfront Shoppes in Suffolk, VA.  J.C. Wynkoop represented the landlord.
  • Inhale Yoga has leased 1,100 square feet of retail space at Chesterfield Meadows South in Chesterfield, VA. Bob Butcher represented the landlord.
  • Lynwood Lewis for Senate has leased 1,100 square feet of office space at 801 W. Little Creek Road, Suite 110 in Norfolk, VA. Michael Myers handled the transaction.
  • Backyard Birder and Seed Supply has leased 990 square feet of retail space at Quarterpath Crossing in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Caribbean Nails has leased 616 square feet of retail space at Victory West Shopping Center in Portsmouth, VA. Mike Zarpas handled the transaction.

SALE TRANSACTIONS:

  • The Franklin Johnston Group has purchased 7.2 acres of land located at Jefferson Highway and Washington Drive in Stafford County, VA from Ramco Virginia Properties for $7,200,000. Bill Overman, CCIM & John Wessling, CCIM represented the buyer.
  • WL Realty, LLC has purchased a 30,491 square foot industrial building on 1.13 acre located at 5359 E. Virginia Beach Blvd. in Norfolk, VA from Estate of Bruce E. Melchor, III for $695,000. Stephanie Sanker, CCIM, SIOR and John Wessling, CCIM represented the seller.
  • Sarah & Sakina, Co. has purchased the Poppy's Top Dog Restaurant business located at 3575 Bridge Road, #14 in Suffolk, VA from Bennett's Creek Poppy, Inc. Ross A. Weinstein, Esq. represented the seller.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

  • EOS Surfaces, LLC has extended its lease on 15,000 square feet of industrial space located at 701-B W. 24th Street in Norfolk, VA. Michael Myers represented the landlord and Stephanie Sanker, CCIM, SIOR and Bill Overman, CCIM represented the tenant.
  • Cary Reconstruction Company, LLC has renewed its lease on 4,000 square feet of industrial space at 524 Central Drive in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR represented the tenant.
  • It's Chic Again has extended its lease on 3,600 square feet of retail space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.
  • Huguenot Barber Shop has renewed its lease on 1,444 square feet of retail space at Huguenot Village Shopping Center in Richmond, VA.  Bob Butcher represented the landlord.
  • The Phone Guys have extended its lease on 1,320 square feet of retail space at College Park Square in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Jackson Hewitt has extended its lease on 1,152 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
  • The Wicked Whisk has renewed its lease on 918 square feet of retail space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.
  • Hair Braiding & Design has extended its lease on 624 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson 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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