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S.L. Nusbaum Realty Co. Announces Completed Transactions for September 2012

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

Norfolk, VA - (October, 2012) - S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions for the Norfolk and Richmond Offices:

NEW LEASES:

  • Square 1 Armoring Services has leased 60,000 square feet of warehouse space at 3800 Village Avenue in Norfolk, VA. C. Cheyney Cole, CCIM represented the landlord.
  • American Packing & Crating, LLC has leased 20,000 square feet of warehouse space at 3800 Village Avenue in Norfolk, VA. C. Cheyney Cole, CCIM represented the landlord.
  • Tobacco 4 Less has leased 3,000 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
  • Leslie's Poolmart has leased 3,000 square feet of retail space at Brenneman Farms Shopping Center in Virginia Beach, VA. Michael Gurley and Murray Rosenbach represented the tenant.
  • Long & Foster Real Estate has leased 2,400 square feet of retail space at Short Pump Crossing Shopping Center in Richmond, VA. Peter Bunin represented the landlord.
  • Continuum Pediatric Nursing has leased 2,400 square feet of office/warehouse space at 1517 Technology Drive, Suite 104 in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
  • Rock-A-Bye Baby has leased 1,540 square feet of retail space at Glenwood Square II Shopping Center in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Aikido of Richmond, LLC has leased 1,261 square feet of retail space at Wistar Center in Henrico, VA. Read F. Goode, Jr. represented the tenant.
  • nTelos has leased 1,200 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
  • A&B Braiding has leased 1,080 square feet of retail space at University Shops in Norfolk, VA. Nathan Jaffe represented the landlord.
  • Full Gospel True Mission Church, Inc. has leased 750 square feet of retail space at Lynnshores Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.

SALES TRANSACTIONS:

  • Southaven Apts, L.P has purchased 16.06 acres of land located on Route 1 in Dumfries, VA from Southport Development, LLC for $8.1 million. Bill Overman, CCIM and John Wessling, CCIM represented the purchaser.

LEASE RENEWAL/EXTENSIONS:

  • Wolf Creek Fabrication Services, Inc. has expanded to 36,000 square feet of office/warehouse space at 115 Dill Road in Suffolk, VA. Michael Myers handled the transaction.
  • Dollar Tree has renewed 18,884 square feet of retail space at Chesterfield Meadows Shopping Center in Chesterfield, VA. Peter Bunin represented the landlord.
  • Rite Aid has extended its lease on 8,450 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Christopher Hucke represented the landlord.
  • Waypoint Seafood and Grill has exercised its option and expanded into 6,600 square feet of retail space at Quarterpath Crossing in Williamsburg, VA. Stephan Gordon represented the landlord.
  • AFP Industries, Inc. has renewed its lease on 6,310 square feet of office/warehouse space at 4580-C Village Avenue in Norfolk, VA. Andrew Myers represented the tenant.
  • Rent-A-Center has extended its lease on 4,031 square feet of retail space at Suffolk Plaza in Suffolk, VA. Christopher Hucke represented the landlord.
  • NY Nails has expanded into 2,160 square feet of retail space in Roanoke Rapids Shopping Center in Roanoke Rapids, NC. Michael Gurley represented the landlord.
  • Subway has exercised its option in 1,600 square feet of retail space at Quarterpath Crossing in Williamsburg, VA. Stephan Gordon represented the landlord.
  • Sunkissed Tans has extended their lease and expanded into 2,400 square feet of retail space at James York Plaza in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Flexi-Dent has renewed its lease on 697 square feet of office space at Sycamore Square Shopping Center in Midlothian, 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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