S.L. Nusbaum Realty Co. Announces $15 Million in Completed Transactions for April 2024


NORFOLK, VA (May 2024) S.L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $15 million in sales and lease volume on 113,192 square feet and approximately 37 acres for the Norfolk and Richmond Offices:
NEW LEASES:
  • Promac LLC has leased 10,000 square feet of industrial space on .48 acre located at 2201 Perl Road in Richmond, VA. David T. Kalman represented the landlord.
  • Eure Traffic Systems, Inc. has leased 4,500 square feet of industrial space located at 1817 County Street in Portsmouth, VA. Steve Weinstein and Chris Zarpas represented the landlord.
  • KRW Enterprises, LLC has leased 3,000 square feet of flex space at 416 Davis Street in Virginia Beach, VA. Martin Murden and Steve Weinstein represented the tenant.
  • Coldwell Banker Now has leased 2,400 square feet of retail space at Glenwood Square Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord.
  • Cooper Realty, Inc. has leased 2,117 square feet of office space at 109 E. Main Street in Norfolk, VA. Austin Glaser and Pierce Jacobson represented the landlord.
  • Tyer Gary L and Robin C Trs Tyer Living Trust has leased 2,000 square feet of office space at 404 N. Robinson Street in Richmond, VA. Clay Brown and Nathan Shor represented the landlord.
  • Peaceful Waters Counseling & Wellness Center, PC has leased 1,800 square feet of office space at 109 Currituck Commercial, Suite C in Moyock, NC. Chris Devine represented the landlord.
  • Tint Daddy of Virginia Beach, LLC has leased 1,770 square feet of flex space at 4912 Rutherford Road in Virginia Beach, VA. Austin Glaser and Martin Murden represented the tenant.
  • Roofmax of Tidewater has leased 1,500 square feet of industrial space at 500 Freeman Avenue in Chesapeake, VA. Austin Glaser and Martin Murden represented the tenant.
  • BangerZ has leased 1,125 square feet of retail space in Hanover Commons Shopping Center located at 9502 Chamberlayne Road, Suite 4 in Mechanicsville, VA. Sarah Sadler and Andrew Brodie represented the tenant.
  • Serenity Care Uniforms has leased 900 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Cutshaw Park MSML, LLC has leased 671 square feet of office space located at 7113 Three Chopt Road, Suite 206 in Richmond, VA. Austin Newman, SIOR represented the tenant.
  • McCabe Software, Inc. and Agitar Technologies, Inc. has leased 200 square feet of office space at Birdneck Business Center in Virginia Beach, VA. Ben Leon and Pierce Jacobson represented the landlord.
  • Kristine A. Boelte has leased 191 square feet of office space at Birdneck Business Center in Virginia Beach, VA. Ben Leon and Pierce Jacobson represented the landlord.
SALE TRANSACTIONS:
  • Elite Mgmt, LLC has purchased a 35,862 square foot industrial building on 3.39 acres located at 314 E. 234d St., S SE 24th St., 200 E. 24th St., 218 E. 24th St., 311 E. 24th St., 209 E. 25th St., 211 E. 25th St., 315 E. 25th St. in Norfolk, VA from KMN, LLC, Sharrick Company, LLC and Jackson Williams, LLC for $2,425,000. John Wessling, CCIM and Chris Devine represented the seller.
  • Glenda Ellen Chiarello, Successor TTEE of the Carol Gross Revocable Trust dtd 3.10.2011 has purchased a 4,000 square foot industrial property on .47 acre located at 707 Research Road in N. Chesterfield, VA from S&J Garrett LLC for $841,500. Elliot Warsof represented the seller.
  • Manish V. Mehta & Megha M. Mehta Revocable Trust has purchased a 6,975 square foot retail property on .55 acre located at 62-72 Colony Road in Newport News, VA from 53 Colony Square Court, LLC for $750,000. John Wessling, CCIM and Austin Glaser represented the seller.
  • Phoenix Investing LLC has purchased an 864 square foot commercial property on .37 acre located at 5308 Princess Anne Road in Virginia Beach, VA from Segel Living Trust for $525,000. Murray Rosenbach and Maggie Spillane represented the seller and Martin Murden represented the buyer.
  • WEDG Acquisitions, LLC has purchased .55 acre of land located at 2805 and 2809 George Washington Memorial Highway in Yorktown, VA from Ashe Investment Properties, LLC for $415,000. Ben Leon, Nathan Shor and Mike Zarpas represented the buyer.
  • RVA Vision Properties, LLC has purchased 2.54 acres of land located at 7632 Hull Street Road in Richmond, VA from AB&W Associates, LLC for $255,000. Sarah Sadler and Andrew Brodie represented the buyer and Nathan Shor, and Bill Overman, CCIM represented the seller.
LEASE RENEWALS/EXTENSIONS/EXPANSIONS
  • Allied International Credit Corp. has extended its lease on 6,650 square feet of office space at 4410 E. Claiborne Square, Building H, Suite 318 in Hampton, VA. Sam Rapoport, Martin Murden and John M. Profilet, SIOR represented the landlord.
  • Saffron Indian Bistro has extended its lease on 3,386 square feet at the Wells Fargo Center in Norfolk, VA. Maggie Spillane represented the landlord.
  • Rio Grande Mexican Restaurant, LLC has renewed its lease on 3,308 square feet of retail space in 360 West Shopping Center located at 7218 Hull Street Road in Richmond, VA. Andrew Brodie and Nathan Shor represented the landlord.
  • School Crossing has assigned and extended its lease on 3,000 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Rutter Mills, LLP has renewed its lease on 2,628 square feet of office space on .23 acre located at 4700 Washington Avenue in Newport News, VA. Bill Overman, CCIM represented the tenant.
  • Luxury Pools & Spa has renewed its lease on 2,400 square feet of retail space in Short Pump Crossing Shopping Center located at 3426 Pump Road in Henrico, VA. Bob Butcher and Andrew Thacker represented the landlord.
  • AT & T Authorized Dealer has extended its lease on 1,680 square feet of retail space at Glenwood Square Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord.
  • Sally Beauty Supply, LLC has renewed its lease on 1,600 square feet of retail space in Chesterfield Marketplace located at 1381 Carmia Way in Richmond, VA. Adam Shor and Nathan Shor represented the landlord.
  • Rose Life Spa has renewed its lease on 1,464 square feet of office space at 330 Tyre Neck Road, Suite H & I in Portsmouth, VA. Michael Myers represented the landlord.
  • GNC has extended its lease on 1,400 square feet of retail space at K&K Square Shopping Center in Norfolk, VA. Maggie Spillane represented the landlord.
  • Teamcraft Roofing, Inc. has renewed its lease on 1,200 square feet of flex space located at 5111-B Witchduck Court in Virginia Beach, VA. Steve Weinstein represented the landlord.
  • The Collective has assigned and extended its lease on 1,020 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
  • Perry Benefit Group has renewed its lease on 733 square feet of office space at 3300 Tyre Neck Road, Suite K in Portsmouth, VA. Michael Myers represented the landlord.
  • Sabrina‚Äôs Salon 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.

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