NORFOLK, VA (September 2022) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $14 million in sales and lease volume on 115,347 square feet and approximately 37 acres for the Norfolk and Richmond Offices:
NEW LEASES:
- Midwest Medical Transport Company has leased a 12,000 square foot commercial building located at 5792 Arrowhead Drive in Virginia Beach, VA. Michael Myers represented the landlord.
- Dollar Tree Stores, Inc. has leased 11,324 square feet of retail space at 502 E. Laburnum Avenue in Richmond, VA David Kalman represented the landlord.
- WT Collection has leased 7,500 square feet of warehouse space at 3320 Tait Terrace in Norfolk, VA. Michael Myers represented the landlord.
- The Academy of Dance and Gymnastics has leased 6,300 square feet of retail space at Washington Square Shopping Center in Grafton, VA. Neal Sadler represented the landlord.
- FORVIS, LLP has leased 5,665 square feet of office space in the Wells Fargo Center located at 440 Monticello Avenue in Norfolk, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
- The Booster Box has leased 5,600 square feet of retail space at Holland Windsor Crossing Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
- Isha Foss Events, LLC has leased 4,000 square feet of flex space located at 515 Central Drive in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
- Smiley’s Heating and Cooling, Inc. has leased 3,800 square feet of office space at Little Neck Towers located at 3500 Virginia Beach Boulevard, Suite 110 in Virginia Beach, VA. Sam Rapoport represented the landlord.
- Positive Support for Children with Autism, LLC has leased 3,678 square feet of office space at The Offices at Peninsula Town Center in Hampton, VA. Martin Murden and Sam Rapoport represented the landlord.
- Friendship BBQ has leased 3,600 square feet of retail space at Loehmann’s Plaza in Virginia Beach, VA. Maggie Spillane represented the landlord and Doug Aronson represented the tenant.
- Gong Cha Tea has leased 3,140 square feet of retail space at Monarch Way at ODU in Norfolk, VA. Maggie Spillane represented the landlord.
- Number 1 Taco has leased 3,000 square feet of retail space at Buckner Retail Shops in Virginia Beach, VA. Chris Hucke represented the landlord.
- The Healing Fountain, LLC has leased 2,882 square feet of office space at Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and Sam Rapoport represented the landlord.
- G&T Soul Food Restaurant LLC has leased 2,400 square feet of retail space at 103 Tanglewood Parkway, Unit A in Elizabeth City, NC. Chris Devine and Tyler Jacobson represented the landlord.
- The Pizza Shop has leased 2,142 square feet of retail space at Washington Square Shopping Center in Grafton, VA. Neal Sadler represented the landlord.
- My Eye Lab has leased 1,805 square feet of retail space at K&K Square Shopping Center in Norfolk. VA. Maggie Spillane represented the landlord.
- Mirza S. Baig has leased 1,616 square feet of retail space in Greenbrier Village located at 732 Eden Way, Unit F in Chesapeake, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
- Lids has leased 1,310 square feet of retail space at 1510 W. Broad Street in Richmond, VA. Carter Wells and Nathan Shor handled the transaction.
- Partners Personnel has leased 1,193 square feet of retail space at Suffolk Plaza Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
- Joyu Tea & Coffee has leased 1,100 square feet of retail space at Bucker Retail Shops in Virginia Beach, VA. Chris Hucke represented the landlord.
- Team McFarley LLC has leased 1,100 square feet of office space at 3000 West Cary Street in Richmond, VA. Tom Langston represented the tenant.
- Sly Devil Tattoo has leased 800 square feet of retail space in Spartan Square Shopping Center located at 1463 W. Main Street, Suite P1 in Salem, VA. Fenton Childers represented the landlord.
- Romiro Bermudez has leased 775 square feet of retail space in 360 West Shopping Center located at 7206 Hull Street Road, Suite 111 in N. Chesterfield, VA. Tom Langston, Andrew Brodie and Nathan Shor represented the landlord.
SALE TRANSACTIONS:
- Duke Quality Homes, LLC has purchased 33.180 acres of land located at 2024, 2026, 2100, 2115, 2010 and 2022 Osborne Road and 1920 Fortview Drive in Chester, VA from Larry J. Martin and Carolyn D. Martin for $2,000,000. Andrew Thacker and Larry Agnew represented the seller.
- SXCW Properties II LLC has purchased a 1.040 acre retail development located at 7009-7013 Forest Hill Avenue in Richmond, VA from William C. Perguson for $1,325,000. Douglas Tice, III and Carter Wells represented the buyer.
- 917 W. Main St LLC has purchased a 5,279 square foot retail property on .06 acre located at 915, 917-919 West Main Street in Charlottesville, VA from Gordonsville Realty Investments Inc. for $1,300,000. Martin Murden and Austin Newman, SIOR represented the buyer.
- NFK Holdings, LLC has purchased a 4,519 square foot office building on .1986 acre located at 4505 Colley Avenue in Norfolk, VA from North Colley Holding, LLC for $785,000. Ashley Bussey represented the buyer and Chris Zarpas represented the seller.
- 801 25th LLC has purchased a 3,962 square foot industrial property on 1.8 acres of land located at 2402 Gazel Street, 2302 Gazel Street, 810 E 23rd Street, 812 E 23rd Street, 814 E 23rd Street, 816 E 23rd Street, 818 E 23rd Street, 820 E 23rd Street, 820 E 23rd Street, 822 E 23rd Street in Norfolk, VA from Square Deal Demolition, Inc. for $325,000. Bill Overman, CCIM, John Wessling, CCIM and Paul Peck represented the buyer.
LEASE RENEWALS/EXTENSIONS/EXPANSIONS:
- Crossfit Gloucester has renewed its lease on 5,015 square feet of retail space in White Marsh Shopping Center located at 4838 George Washington Memorial Highway in Hayes, VA. David Kalman represented the landlord.
- MIG Gov, LLC has expanded its lease to 3,504 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
- Salon Boio has renewed its lease on 2,332 square feet of retail space at 5720 Hoggard Road, Suites D & E in Norfolk, VA. Martin Murden represented the landlord.
- Inyodo Martial Arts Academy has extended its lease on 2,240 square feet of retail space at Great Neck Village Shopping Center in Virginia Beach, VA. Neal Sadler represented the landlord.
- Aurora Title LLC has renewed its lease on 2,113 square feet of office space at 2203 Pump Road in Henrico, VA. Elliot Warsof represented the tenant.
- OneMain Financial has extended its lease on 1,500 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
- Cottage Lane has renewed its lease on 1,300 square feet of retail space in Sycamore Square Shopping Center located at 1353 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
- Subway has exercised its option on 1,290 square feet of retail space at Cedar Valley Shopping Center in Williamsburg, VA. Neal Sadler represented the landlord.
- Cricket Wireless 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.
- T-Mobile has extended its lease on 1,200 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
- The Collective has exercised its option on 1,020 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
- Great Clips for Hair has renewed its lease on 900 square feet of retail space in Virginia Center Marketplace located at 10104 Brook Road in Glen Allen, VA. Bob Butcher and Andrew Thacker represented the landlord.
- Evolve Nutrition has exercised its option on 800 square feet of retail space at Regency Hilltop Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
- Angels Nails Deluxe has exercised its option of 750 square feet of retail space at Great Neck Village Shopping Center in Virginia Beach, VA. Neal Sadler represented the landlord.
- Allstate has extended its lease on 700 square feet of retail space at Great Neck Village Shopping Center in Virginia Beach, VA. Neal Sadler represented the landlord.
- Michael Duke has renewed their lease 443 square feet of retail space in 360 West Shopping Center located at 7206 Hull Street Road, Suite 112 in N. Chesterfield, VA. Tom Langston, Andrew Brodie and Nathan Shor represented the landlord.
