S.L. NUSBAUM REALTY CO. ANNOUNCES $35 MILLION IN COMPLETED TRANSACTIONS FOR JULY 2021

NORFOLK, VA (August 2021) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $35 million in sales and lease volume on 321,374 square feet and approximately 19 acres for the Norfolk and Richmond Offices:

NEW LEASES:

• Waypoint Seafood and Grill has leased 6,600 square feet of retail space at Quarterpath Crossing Shopping Center in Williamsburg, VA. Richard Jacobson and Tyler Jacobson represented the landlord.
• Unplugged Games Café has leased 4,040 square feet of retail space in Sycamore Square Shopping Center at 1300 Sycamore Square in Midlothian. VA. Bob Butcher and Andrew Thacker represented the landlord and Elliot Warsof represented the tenant.
• Empire Auto Parts has leased 4,000 square feet of industrial space at 1226 Trapper Circle, Suite B in Roanoke, VA. Fenton Childers and Sam Rapoport represented the tenant.
• Vape Guys has leased 2,400 square feet of retail space at Short Pump Crossing Shopping Center at 3428 Pump Road in Henrico, VA. Bob Butcher and Andrew Thacker represented the landlord.
• Tobacco & Vape has leased 2,400 square feet of retail space at 13440 Carrollton Boulevard, Unit B in Carrollton, VA. Ben Leon and Mike Zarpas represented the landlord.
• Regency Dance Academy has leased 2,000 square feet of retail space in Quioccasin Station Shopping Center at 8968 Quioccasin Road in Richmond, VA. Elliot Warsof represented the landlord.
• Kings Hookah Lounge has leased 1,480 square feet of retail space in the Greenbrier Village Shopping Center in Chesapeake, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
• Latin Express Corporation has leased 1,470 square feet of retail space in the 360 West Shopping Center at 7206 Hull Street Road in Richmond, VA. Graham Sheridan and Nathan Shor represented the landlord.
• Aviation Management Analytical Consultants, LLC has leased 1,402 square feet of office space at the Oakbrooke Professional Center in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
• Muse Hair Salon has leased 1,400 square feet of retail space at Glenwood Shopping Center in Chesapeake, VA. Murray Rosenbach represented the landlord.
• Paint N Play has leased 1,370 square feet of retail space in Sycamore Square Shopping Center at 1334 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
• The Mental Place has leased 1,339 square feet of retail space at 4613 W. Hundred Road in Chester, VA. Tom Langston represented the tenant.
• MEB Contractors has leased 1,300 square feet of office space at 2406 Princess Anne Road in Virginia Beach, VA. Chris Zarpas represented the landlord.
• Peace, Love and Little Doughnuts has leased 1,200 square feet of retail space at Sandbridge Shopping Center in Virginia Beach, VA. Matthew Nusbaum represented the tenant.
• Tobacco Center has leased 1,200 square feet of retail space at Wythe Creek Shoppes in Hampton, VA. Neal Sadler represented the tenant.
• Demeter OG Hydroponics has leased 1,000 square feet of retail space in Sycamore Square Shopping Center at 1253 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
• Sanctuary Skin has leased 1,000 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
• The Foleck Center has leased 996 square feet of retail space at Southampton Shopping Center in Hampton, VA. Neal Sadler represented the landlord.
• Exclusive Access Barber Shop has leased 900 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
• Zen Athletics: Performance and Rehabilitation has leased 800 square feet of office space at 352 Cleveland Place, Suite 111 in Virginia Beach, VA. Sam Rapoport represented the tenant.
• Millie’s Home Health has leased 733 square feet of retail space in 360 West Shopping Center at 7206 Hull Street Road in Richmond, VA. Graham Sheridan and Nathan Shor represented the landlord.
• USA Alliance Staffing has leased 631 square feet of retail space in 360 West Shopping Center at 7206 Hull Street Road in Richmond, VA. Graham Sheridan and Nathan Shor represented the landlord.

SALE TRANSACTIONS:

• Seminole Trails Properties LLC has purchased Pembroke Four, Five and Six, comprised of 167,660 square feet of office space on 7.164 acres located at 291, 293 and 297 Independence Boulevard in Virginia Beach, VA from Pembroke Park, L.L.C. for $15,771,250. Stephanie Sanker, CCIM, SIOR and Sam Rapoport represented the seller.
• Silver Hills Development, Inc. (Silver Hills & The Edwards Communities) has purchased 3.339 acres of land located at 10945 Nuckols Road in Glen Allen, VA from Nuckols Corner Land, LLC (Highwoods/Markel) for $2,950,000. Nathan Shor represented the buyer.
• Safety & Security International, Inc. has purchased a 4,038 square foot commercial building on .7125 acre at 1705 Baltic Avenue in Virginia Beach, VA from Davis Seaside Properties, LLC for $2,500,000. Cheyney Cole, CCIM and Martin Murden represented the buyer.
• Potomac Area Hostels, Inc. purchased the former HI Richmond Hostel, a 13,704 square foot building located at 7 N 2^nd Street in Richmond, VA from American Youth Hostels, Inc. for $1,800,000.  Thomas Langston and David T. Kalman represented the buyer.
• Robert L. Cutchins, II and Robert L. Cutchins, III have purchased two car wash locations located at 910 W. Washington Street in Suffolk, Virginia from Solar Wash #3, LLC and represented the seller.
• VPEC Ches Medical, LLC has purchased a 6,586 square foot office building on 2.61 acres at 1564 Crossways Boulevard in Chesapeake, VA from HPR, LLC for $1,300,000. Michael Myers represented the seller.
• Riptide IV, LLC has purchased 3.95 acres of land located at 3335 and 3345 Victory Boulevard in Portsmouth, VA from Economic Development Authority of the City of Portsmouth, Virginia for $1,037,500. Mike Zarpas, Chris Zarpas and Chris Devine represented the buyer.
• Pinnacle Property Management, LLC has purchased a 6,374 square foot office property on .606 acre located at 3314 N. Parham Road in Richmond, VA from MJP Real Estate, LLC for $850,000. Nathan Shor represented the seller.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

• Dollar Tree has extended its lease on 17,606 square feet of retail space at James York Plaza in Williamsburg, VA. Maggie Spillane and Neal Sadler represented the landlord.
• TNDO Gym, LLC has renewed its lease on 3,500 square feet of flex space at 3456 Chandler Creek Road in Virginia Beach, VA. Pierce Jacobson and John M. Profilet, SIOR represented the landlord.
• Quilter’s Corner has renewed its lease on 7,700 square feet of retail space in Sycamore Square Shopping Center at 1245 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
• Jax Place has exercised its option on 4,620 square feet of retail space at Kempsville Plaza in Virginia Beach, VA. Maggie Spillane represented the landlord.
• Rancho Latino has renewed its lease on 4,557 square feet of retail space in the 360 West Shopping Center at 7206 Hull Street Road in Richmond, VA. Graham Sheridan and Nathan Shor represented the landlord.
• Montego Caribbean Grocery has extended its lease on 4,500 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
• Leslie’s Pools has extended its lease on 3,980 square feet of retail space at Glenwood Square II in Chesapeake, VA. Murray Rosenbach represented the landlord.
• Better View Windows has expanded its lease by 3,655 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
• Tobacco 4 Less has extended its lease on 3,000 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
• Sassy Bee has renewed its lease on 2,100 square feet of retail space in The Shoppes at Bellgrade at 11400 W. Huguenot Road, Suite 114 in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
• Balance Therapeutic Massage has leased 2,000 square feet of retail space at Regency Hilltop Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
• Cold Stone Creamery has extended its lease on 1,500 square feet of retail space at Marketplace Shoppes IV in Williamsburg, VA. Tyler Jacobson represented the landlord.
• Cathy’s Nails has renewed its lease on 1,500 square feet of retail space in Virginia Center Marketplace at 10101 Brook Road in Glen Allen, VA. Bob Butcher and Andrew Thacker represented the landlord.
• Aqua Salon & Spa extended its lease on 1,500 square feet of retail space at Loehmann’s Plaza in Virginia Beach, VA. Maggie Spillane represented the landlord.
• Dirty Details Auto Salon has renewed its lease on 1,500 square feet at the Birdneck Business Center, Suite 103 in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
• Dirty Details Auto Salon has renewed its lease on 1,500 square feet at the Birdneck Business Center, Suite 104 in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
• G&S Beauty has extended its lease on 1,425 square feet of retail space at Colley Village Shopping Center in Norfolk, VA. Neal Sadler 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.
• The UPS Store has extended its lease on 1,200 square feet of retail space at Quarterpath Crossing Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.
• MEB Contractors has renewed its lease on 1,200 square feet of office space at 2408 Princess Anne Road in Virginia Beach, VA. Chris Zarpas represented the landlord.
• Ascend Health Adult Retreat has renewed its lease on 1,100 square feet of retail space in Chesterfield Meadows Shopping Center at 6421 Chesterfield Meadows Drive in Chesterfield, VA. Bob Butcher and Andrew Thacker represented the landlord.
• Spa-Tacular Parties has renewed its lease on 1,036 square feet of retail space in Sycamore Square Shopping Center at 1256 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the Landlord.
• Jennifer D. Oram-Smith, P.C. has extended its lease on 805 square feet of office space at the Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM and Sam Rapoport represented the landlord.
• Health Nut has exercised its option on 750 square feet of retail space at Loehmann’s Plaza in Virginia Beach, VA. Maggie Spillane represented the landlord.