S.L. Nusbaum Realty Co. Announces $61 Million in Completed Transactions for December 2024

NORFOLK, VA (January 2025) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $61 million in sales and lease volume on 177,564 square feet and approximately 85 acres for the Norfolk and Richmond Offices:

NEW LEASES:

The Learning Experience has leased 10,000 square feet on 1 acre of land located at 15810 Hull Street Road in Chesterfield, VA. Douglas O. Tice, III, CCIM represented the landlord.
Blue Box Auction Gallery has leased 8,300 square feet of industrial space located at 2500 Church Street in Norfolk, VA. Martin Murden and Chris Zarpas represented the landlord.
Jalisco Mexican Restaurant has leased 3,622 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Murray Rosenbach represented the landlord.
Wild Birds Unlimited has leased 3,400 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.
Carrollton Auto Recycling has leased 2,969 square feet of retail space on 16.49 acres of land located at 22073 Brewers Neck Boulevard in Carrollton, VA. Michael Myers handled the transaction.
Yorktown Arts Foundation has leased 2,450 square feet of retail space at Washington Square Shopping Center in Grafton, VA. Pierce Jacobson represented the landlord.
Playa Bowls has leased 2,324 square feet of retail space at Monarch Way at ODU in Norfolk, VA. Lindsay Bangel represented the landlord and Murray Rosenbach represented the tenant.
Essential Grillz, LLC has leased 950 square feet of retail space located at 2509 W. Mercury Boulevard in Hampton, VA. Martin Murden and Michael P. Zarpas represented the landlord.

SALE TRANSACTIONS:

SJC Ventures LLC has purchased 13 acres of land located at 11800 Midlothian Turnpike in Midlothian, VA from Haywood B & Claudette Hyman Jr Fam Ltd Partnership for $15,000,000. Larry Agnew and Andrew Thacker represented the buyer.
SW Neighborhood Centers III, LLC has purchased Raceway Plaza, a 26,001 square foot shopping center on 2.70 acres located at 9140 and 9120 Rockville Road in Indianapolis, IN from Nuz Investments II, LLC for $8,400,000. Doug Aronson represented the seller.
Charlottesville Rio Rd LLC has purchased a 13,500 square foot industrial property on 12.59 acres of land located at 400 W. Rio Road in Charlottesville, VA from Brightspeed of Virginia (formerly known as Central Telephone of VA) for $3,999,000. Carter Wells and Austin Newman, SIOR represented the seller.
Kingsborough Square Associates, LLC has purchased 7.73 acres of land located at Kingsborough Square in Chesapeake, VA from Carroll Williamson for $2,974,998.72. Chris Zarpas, Chris Devine and Tommy Drew represented the seller.
Roland Joun has purchased a 6,565 square foot retail space on .83 acre of land located at 2061 Huguenot Road in Midlothian, VA from Prevent Blindness Virginia Real Estate Foundation for $2,650,000. Doug Aronson, Nathan Shor and Carter Wells represented the seller.
AUB Midlo, LLC has purchased a 3,786 square foot retail property on .76 acre of land located at 13710 Midlothian Turnpike in Midlothian, VA from UBTM, L.L.C for $2,325,000. Doug Aronson and Carter Wells represented the seller.
Foodbank of Southeastern Virginia and the Eastern Shore has purchased 12.38 acres of land located at 3325 Dam Neck Road in Virginia Beach, VA from Laverne M. Smith for $1,484,750. Stephanie Sanker, CCIM, SIOR and Bill Overman, CCIM represented the buyer.
Foodbank of Southeastern Virginia and the Eastern Shore has purchased 11.52 acres of land located at 3357 Dam Neck Road in Virginia Beach, VA from Cherron B. Mitchell and Larry Dr. Brinkley, Co-Executors of the Estate of Irvin L. Brinkley for $1,440,000. Stephanie Sanker, CCIM, SIOR and Bill Overman, CCIM represented the buyer.
Roost Tree Properties, LLC has purchased a 7,000 square foot industrial building on 1.34 acre of land located at 2545 Squadron Court in Virginia Beach, VA from Prosperity Commercial Properties, Inc. for $1,340,000. Martin Murden represented the buyer.
SJC Ventures LLC has purchased .55 acre of land located at 11706 Midlothian Turnpike in Midlothian, VA from Estate of Darlene Waller Borovatz for $1,100,000. Larry Agnew and Andrew Thacker represented the buyer.
Fields Estate Partner, LLC has purchased a 5,652 square foot office building on .55 acre of land located at 2995 Churchland Boulevard in Chesapeake, VA from F & M Development, L.C for $950,000. Sam Rapoport represented the seller.
STNL Development LLC has purchased 1 acre of land located at 15810 Hull Street Road in Chesterfield, VA from Cosby Village LLC for $874,000. Douglas O. Tice, III, CCIM represented the buyer.
NETAV Designs, LLC has purchased a 3,000 square foot industrial building on .24 acre of land located at 125 Butternut Lane in Virginia Beach, VA from Jeffrey A. Brown and/or Assigns for $575,000. John J. Wessling Sr., CCIM and Chris Devine represented the seller and Stephanie Sanker, CCIM, SIOR and Michael Good represented the buyer.
Everyday Angels, LLC has purchased a 3,911 square foot retail property on .53 acre of land located at 1000 Airline Boulevard in Portsmouth, VA from Carolina Harbor Properties of NC, LLC for $450,000.00. Chris Devine and Anthony Grecco represented the seller.
King William Holdings LLC, dba Dunkin’, has purchased .55 acre of land located at Route 360 and Route 30 in Aylett, VA from Central Garage LLC for $350,000. Nathan Shor represented the buyer.
LZD Enterprises, LLC has purchased a 2,642 square foot retail property on .11 acre of land located at 800 W. Ehringhaus Street in Elizabeth City, NC from Louise H. Walters for $247,500. Martin Murden represented the buyer and Martin Murden and Austin Glaser represented the seller.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

Dick’s Sporting Goods has renewed its lease on 48,000 square feet of retail space at Chesterfield Plaza located at 1520 W. Koger Center Boulevard in Chesterfield, VA. Bob Butcher represented the landlord.
Blue Streak Vape LLC has exercised its option on 5,500 square feet of retail space at 360 West Shopping Center located at 7124 Hull Street Road in N. Chesterfield, VA. Andrew Brodie and Nathan Shor represented the landlord.
Boost Mobile has exercised its option on 2,361 square feet of retail space at 360 West Shopping Center located at 7102 Hull Street Road in N. Chesterfield, VA. Andrew Brodie and Nathan Shor represented the landlord.
Love and Intimacy 101, LLC has renewed its lease on 2,200 square feet of retail space at 360 West Shopping Center located at 7206 Hull Street Road, Suite 216 in N. Chesterfield, VA. Andrew Brodie and Nathan Shor represented the landlord.
AVW Technologies, Inc. has extended its lease on 1,610 square feet of office space at 355 Crawford Street in Portsmouth, VA. John M. Profilet, SIOR represented the landlord.
Caro Studios has renewed its lease on 1,599 square feet of retail space at 360 West Shopping Center located at 7135 Hull Street Road in N. Chesterfield, VA. Andrew Brodie and Nathan Shor represented the landlord.
Edible Arrangements has exercised its option on 1,500 square feet of retail space at Marketplace Shoppes in Williamsburg, VA. Tyler Jacobson represented the landlord.
Vivi Nails, LLC has renewed its lease on 1,457 square feet of retail space at 6102 Brashier Boulevard, Suite C in Mechanicsville, VA. Andrew Thacker and Bob Butcher represented the landlord.
Dreams Barber Shop has extended its lease on 1,208 square feet of retail space at College Park Square I Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
Dreams Barbershop has expanded by 1,200 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
Hair Premier has extended its lease on 1,200 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
Discount Cleaners has extended its lease on 1,000 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.
Lolly’s Creamery has extended its lease on 900 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Pierce Jacobson represented the landlord.
Allstate Insurance has extended its lease on 700 square feet of retail space at Great Neck Village Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
USA Alliance Staffing has renewed its lease on 631 square feet of retail space at 7206 Hull Street Road in Richmond, VA. Emma Will, Andrew Brodie, Trib Sutton and Nathan Shor represented the landlord.
Prime Construction Company has renewed its lease on 426 square feet of retail space at 360 West Shopping Center located at 7202 Hull Street Road in N. Chesterfield, VA. Andrew Brodie and Nathan Shor represented the landlord.
Wells Fargo ATM has exercised its option on 1.04 acre at Short Pump Crossing Shopping Center located at 3300 Pump Road in Richmond, VA. Bob Butcher and Andrew Thacker represented the landlord.

NORFOLK, VA (January 2025) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $61 million in sales and lease volume on 177,564 square feet and approximately 85 acres for the Norfolk and Richmond Offices:

NEW LEASES:

The Learning Experience has leased 10,000 square feet on 1 acre of land located at 15810 Hull Street Road in Chesterfield, VA. Douglas O. Tice, III, CCIM represented the landlord.

Blue Box Auction Gallery has leased 8,300 square feet of industrial space located at 2500 Church Street in Norfolk, VA. Martin Murden and Chris Zarpas represented the landlord.

Jalisco Mexican Restaurant has leased 3,622 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Murray Rosenbach represented the landlord.

Wild Birds Unlimited has leased 3,400 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.

Carrollton Auto Recycling has leased 2,969 square feet of retail space on 16.49 acres of land located at 22073 Brewers Neck Boulevard in Carrollton, VA. Michael Myers handled the transaction.

Yorktown Arts Foundation has leased 2,450 square feet of retail space at Washington Square Shopping Center in Grafton, VA. Pierce Jacobson represented the landlord.

Playa Bowls has leased 2,324 square feet of retail space at Monarch Way at ODU in Norfolk, VA. Lindsay Bangel represented the landlord and Murray Rosenbach represented the tenant.

Essential Grillz, LLC has leased 950 square feet of retail space located at 2509 W. Mercury Boulevard in Hampton, VA. Martin Murden and Michael P. Zarpas represented the landlord.

SALE TRANSACTIONS:

SJC Ventures LLC has purchased 13 acres of land located at 11800 Midlothian Turnpike in Midlothian, VA from Haywood B & Claudette Hyman Jr Fam Ltd Partnership for $15,000,000. Larry Agnew and Andrew Thacker represented the buyer.

SW Neighborhood Centers III, LLC has purchased Raceway Plaza, a 26,001 square foot shopping center on 2.70 acres located at 9140 and 9120 Rockville Road in Indianapolis, IN from Nuz Investments II, LLC for $8,400,000. Doug Aronson represented the seller.

Kingsborough Square Associates, LLC has purchased 7.73 acres of land located at Kingsborough Square in Chesapeake, VA from Carroll Williamson for $2,974,998.72. Chris Zarpas, Chris Devine and Tommy Drew represented the seller.

Roland Joun has purchased a 6,565 square foot retail space on .83 acre of land located at 2061 Huguenot Road in Midlothian, VA from Prevent Blindness Virginia Real Estate Foundation for $2,650,000. Doug Aronson, Nathan Shor and Carter Wells represented the seller.

AUB Midlo, LLC has purchased a 3,786 square foot retail property on .76 acre of land located at 13710 Midlothian Turnpike in Midlothian, VA from UBTM, L.L.C for $2,325,000. Doug Aronson and Carter Wells represented the seller.

Foodbank of Southeastern Virginia and the Eastern Shore has purchased 12.38 acres of land located at 3325 Dam Neck Road in Virginia Beach, VA from Laverne M. Smith for $1,484,750. Stephanie Sanker, CCIM, SIOR and Bill Overman, CCIM represented the buyer.

Roost Tree Properties, LLC has purchased a 7,000 square foot industrial building on 1.34 acre of land located at 2545 Squadron Court in Virginia Beach, VA from Prosperity Commercial Properties, Inc. for $1,340,000. Martin Murden represented the buyer.

SJC Ventures LLC has purchased .55 acre of land located at 11706 Midlothian Turnpike in Midlothian, VA from Estate of Darlene Waller Borovatz for $1,100,000. Larry Agnew and Andrew Thacker represented the buyer.

Fields Estate Partner, LLC has purchased a 5,652 square foot office building on .55 acre of land located at 2995 Churchland Boulevard in Chesapeake, VA from F & M Development, L.C for $950,000. Sam Rapoport represented the seller.

STNL Development LLC has purchased 1 acre of land located at 15810 Hull Street Road in Chesterfield, VA from Cosby Village LLC for $874,000. Douglas O. Tice, III, CCIM represented the buyer.

Everyday Angels, LLC has purchased a 3,911 square foot retail property on .53 acre of land located at 1000 Airline Boulevard in Portsmouth, VA from Carolina Harbor Properties of NC, LLC for $450,000.00. Chris Devine and Anthony Grecco represented the seller.

King William Holdings LLC, dba Dunkin’, has purchased .55 acre of land located at Route 360 and Route 30 in Aylett, VA from Central Garage LLC for $350,000. Nathan Shor represented the buyer.

LZD Enterprises, LLC has purchased a 2,642 square foot retail property on .11 acre of land located at 800 W. Ehringhaus Street in Elizabeth City, NC from Louise H. Walters for $247,500. Martin Murden represented the buyer and Martin Murden and Austin Glaser represented the seller.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

Dick’s Sporting Goods has renewed its lease on 48,000 square feet of retail space at Chesterfield Plaza located at 1520 W. Koger Center Boulevard in Chesterfield, VA. Bob Butcher represented the landlord.

Blue Streak Vape LLC has exercised its option on 5,500 square feet of retail space at 360 West Shopping Center located at 7124 Hull Street Road in N. Chesterfield, VA. Andrew Brodie and Nathan Shor represented the landlord.

Boost Mobile has exercised its option on 2,361 square feet of retail space at 360 West Shopping Center located at 7102 Hull Street Road in N. Chesterfield, VA. Andrew Brodie and Nathan Shor represented the landlord.

Love and Intimacy 101, LLC has renewed its lease on 2,200 square feet of retail space at 360 West Shopping Center located at 7206 Hull Street Road, Suite 216 in N. Chesterfield, VA. Andrew Brodie and Nathan Shor represented the landlord.

AVW Technologies, Inc. has extended its lease on 1,610 square feet of office space at 355 Crawford Street in Portsmouth, VA. John M. Profilet, SIOR represented the landlord.

Caro Studios has renewed its lease on 1,599 square feet of retail space at 360 West Shopping Center located at 7135 Hull Street Road in N. Chesterfield, VA. Andrew Brodie and Nathan Shor represented the landlord.

Edible Arrangements has exercised its option on 1,500 square feet of retail space at Marketplace Shoppes in Williamsburg, VA. Tyler Jacobson represented the landlord.

Vivi Nails, LLC has renewed its lease on 1,457 square feet of retail space at 6102 Brashier Boulevard, Suite C in Mechanicsville, VA. Andrew Thacker and Bob Butcher represented the landlord.

Dreams Barber Shop has extended its lease on 1,208 square feet of retail space at College Park Square I Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.

Dreams Barbershop has expanded by 1,200 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.

Hair Premier has extended its lease on 1,200 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.

Discount Cleaners has extended its lease on 1,000 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.

Lolly’s Creamery has extended its lease on 900 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Pierce Jacobson represented the landlord.

Allstate Insurance has extended its lease on 700 square feet of retail space at Great Neck Village Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.

USA Alliance Staffing has renewed its lease on 631 square feet of retail space at 7206 Hull Street Road in Richmond, VA. Emma Will, Andrew Brodie, Trib Sutton and Nathan Shor represented the landlord.

Prime Construction Company has renewed its lease on 426 square feet of retail space at 360 West Shopping Center located at 7202 Hull Street Road in N. Chesterfield, VA. Andrew Brodie and Nathan Shor represented the landlord.

Wells Fargo ATM has exercised its option on 1.04 acre at Short Pump Crossing Shopping Center located at 3300 Pump Road in Richmond, VA. Bob Butcher and Andrew Thacker represented the landlord.

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