NORFOLK, VA (August 2022) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $17 million in sales and lease volume on 148,083 square feet and approximately 15 acres for the Norfolk and Richmond Offices:
NEW LEASES:
- DaaBIN Store has leased 7,200 square feet of retail space in Turnberry Crossing Shopping Center in Newport News, VA. Ben Leon represented the landlord.
- Spero Health has leased 4,000 square feet of office space at 312 Cummings Street in Abingdon, VA. Fenton Childers represented the tenant.
- Eggs Up Grill has leased 3,000 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
- Hertz has leased 2,400 square feet of retail space at Regency Hilltop in Virginia Beach, VA. Maggie Spillane represented the landlord.
- Cherryman Law Firm has leased 2,090 square feet of office space at Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and Sam Rapoport represented the landlord.
- Bunch Real Estate, Inc. has leased 1,920 square feet of office space at 355 Crawford Street in Portsmouth, VA. Austin Glaser represented the landlord.
- Lily Fasil Studios has leased 1,750 square feet of retail space at 402 ½ N 2nd Street in Richmond, VA. Andrew Pegalis and Nathan Shor represented the landlord.
- Chicken Fiesta has leased 3,091 square feet of retail space at 8211 Brook Road in Richmond, VA. Nathan Shor represented the landlord.
- Janice Holeman, Marriage and Family Therapist has leased 1,402 square feet of office space at Oakbrooke Professional Center in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
- Beltone Mid-Atlantic has leased 1,400 square feet of retail space at Ridgewood Farms Shopping Center in Salem, VA. Fenton Childers represented the landlord.
- Dynamic Dance Center has leased 1,400 square feet of retail space at Edinburgh Commons North 2 in Chesapeake, VA. Maggie Spillane represented the landlord.
- Tobacco & Vape has leased 1,200 square feet of retail space in Centralia Crossing Shopping Center at 9829 Chester Road in Chester, VA. Tom Langston and Nathan Shor represented the landlord.
- America’s Buffalo Wings has leased 1,100 square feet of retail space at Suffolk Village Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
- Supreme Capital has leased 941 square feet of office space at 360 West Shopping Center Offices located at 7206 Hull Street Road in Richmond, VA. Tom Langston, Andrew Brodie and Nathan Shor represented the landlord.
- Outer Beauty Waxtique has leased 344 square feet of office space at 355 Crawford Street in Portsmouth, VA. Austin Glaser represented the landlord.
SALE TRANSACTIONS:
- Columbus MMTC MD LLC has purchased a 21,292 square foot office/school property on 4.28 acres located at 1800 Box Road in Columbus, GA from Galizion, LLC for $3,950,000. Doug Aronson represented the seller.
- James Forgeng & Benny Von Schlicting and/or Assigns has purchased a 6,600 square foot office/industrial property on 1.15 acre located at 441 Network Stations Suites, A,B,C in Chesapeake, VA from Jorge U. Ortiz, Jr. d/b/a OM Oakbrooke LLC for $887,500. Martin Murden represented the buyer.
- Coastal Investments, Inc. has purchased a 4,100 square foot and 2,100 square foot retail building on 1.09 acre of land located at 4714 and 4730 Portsmouth Boulevard in Portsmouth, VA for $800,000. Bill Overman, CCIM and John Wessling, CCIM represented the seller.
- One Parkwood, LLC has purchased .513 acre of land located at 2516 N. Lombardy Street in Richmond, VA from Benton Properties, LLC for $575,000. Elliot Warsof and Tom Langston represented the seller.
- Hanover County has purchased 5.969 acres of land located at 7417-7426 Verdi Lane in Mechanicsville, VA from Joyce A. Crawford-Willis for $530,000. Nathan Shor represented the seller.
- Gilbert Leasing, LLC has purchased a 4,168 square foot retail property on .10 acre located at 4000 Colley Avenue in Norfolk, VA from ForKids, Inc. for $450,000. Ben Leon represented the seller.
- Trufin VA LLC has purchased 1.767 acres of land located on Old Franklin Turnpike in Rocky Mount, VA from Rebkee Partners Holdings LLC for $200,000. Fenton Childers represented the landlord.
- 1232 West Little Creek Road, LLC has purchased a 1,512 square foot office condo located at 1232 W. Little Creek Road, Units 200 and 400 in Norfolk, VA from Virtex Investment Corporation for $186,840. Chris Devine represented the seller.
- 1232 West Little Creek Road, LLC has purchased a 1,035 square foot office condo located at 1232 W. Little Creek Road, Unit 500 in Norfolk, VA from Greaton Four Investments for $129,600. Chris Devine represented the seller.
- 1232 West Little Creek Road, LLC has purchased a 931 square foot office condo located at 1232 W. Little Creek Road, Unit 300 in Norfolk, VA from Arsenio M. Ong Living Trust for $113,940. Chris Devine represented the seller.
- 1232 West Little Creek Road, LLC has purchased an 881 square foot office condo located at 1232 W. Little Creek Road, Unit 100 in Norfolk, VA from Greaton Four Investments for $109,620. Chris Devine represented the seller.
LEASE RENEWALS/EXTENSIONS/EXPANSIONS:
- Party City has exercised its option on 14,000 square feet of retail space at Volvo Parkway Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord.
- Sushi King has extended its lease on 9,140 square feet of retail space at The Wells Fargo Center in Norfolk, VA. Sharon Swanberg and Richard Jacobson represented the landlord.
- Quilter’s Corner has renewed its lease on 7,700 square feet of retail space at Sycamore Square Shopping Center located at 1245 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
- Tidal Town Moving, LLC has leased 4,725 square feet of office space at 600 N. Witchduck Road in Virginia Beach, VA. Chris Zarpas and Martin Murden represented the landlord.
- Turquoise School of Dance 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.
- Precision Racing Technologies, LLC has renewed its lease on 3,000 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
- Hot House Yoga has extended its lease on 2,750 square feet of retail space at Regency Hilltop in Virginia Beach, VA. Maggie Spillane represented the landlord.
- Tidewater Physicians has renewed its lease on 2,320 square feet of retail space in White Marsh Shopping Center located at 4838 George Washington Memorial Highway in Hayes, VA. David T. Kalman represented the landlord.
- American Tattoo has extended its lease on 2,240 square feet of retail space at Hilltop South Shopping Center in Virginia Beach, VA. Sharon Swanberg and Richard Jacobson represented the landlord.
- Hair Cuttery has extended its lease on 1,920 square feet of retail space at Loehmann’s Plaza in Virginia Beach, VA. Maggie Spillane represented the landlord.
- New Hope Wellness has renewed its lease on 1,720 square feet of office space at 1121 N. 24th Street in Richmond, VA. Tom Langston and Andrew Thacker represented the landlord.
- The UPS Store has extended its lease on 1,673 square feet of retail space at Cedar Valley Shopping Center in Williamsburg, VA. Neal Sadler represented the landlord.
- Family Enrichment Center, LLC has extended its lease and expanded by 274 square feet of office space at 5505 Indian River Road in Virginia Beach, VA. Ashley Bussey represented the landlord.
- Yama Sushi has exercised its option on 1,540 square feet of retail space at Volvo Parkway Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord.
- Changing Faces Barber Shop has extended its lease on 1,400 square feet of retail space at Jefferson Shoppes Shopping Center in Newport News, VA. Neal Sadler represented the landlord.
- Domino’s has extended its lease on 1,344 square feet of retail space at Smithfield Square Shopping Center in Smithfield, VA. Chris Hucke represented the landlord.
- J & K Style Grill has extended its lease on 1,200 square feet of retail space at College Park Square I in Virginia Beach, VA. Tyler Jacobson represented the landlord.
- Stewart Deacon State Farm Insurance has extended its lease on 1,200 square feet of retail space at The Crossing at Deep Creek in Chesapeake, VA. Maggie Spillane represented the landlord.
- Progressive Industrial LLC has renewed its lease on 1,160 square feet of retail space in White Marsh Shopping Center located at 4838 George Washington Memorial Highway in Hayes, VA. David T. Kalman represented the landlord.
- Symphonicity – The Symphony Orchestra of Virginia Beach has renewed its lease on 961 square feet of office space at Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
- Nail Mystique has renewed its lease on 960 square feet of retail space in Chesterfield Meadows Shopping Center located at 6533 Centralia Road in Chesterfield, VA. Bob Butcher and Andrew Thacker represented the landlord.
- Friends Healthcare Team has renewed its lease on 730 square feet of office space at 360 West Shopping Center Offices located at 7206 Hull Street Road in Richmond, VA. Tom Langston, Andrew Brodie and Nathan Shor represented the landlord.
- The Style Experience & Shawna Rogers has extended its lease on 700 square feet of retail space at 2507 W. Mercury Boulevard in Hampton. VA. Martin Murden represented the landlord.
