NORFOLK, VA (August 2023) – 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 225,301 square feet and approximately 1.4 acres for the Norfolk and Richmond Offices:
NEW LEASES:
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S.L. Nusbaum Realty Co. has leased 7,737 square feet of office space at 7200 Glen Forest Drive, Suite 300 in Richmond, VA. Austin Newman, SIOR represented the tenant.
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Rooftop Chimney Sweeps, LLC has leased 4,880 square feet of industrial space at 5760 Charles City Road in Richmond, VA. David T. Kalman represented the tenant.
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Child First Behavior Therapy, LLC has leased 3,995 square feet of office space at 544 Newtown Road in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR represented the tenant.
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Kid’s Night Out has leased 3,671 square feet of retail space at Washington Square Shopping Center in Grafton, VA. Pierce Jacobson and Murray Rosenbach represented the landlord.
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Compass Youth Services, LLC has leased 3,600 square feet of office space at 1514 Holland Road in Suffolk, VA. Sam Rapoport represented the tenant.
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Coastal Elite Window Coverings, LLC has leased 3,130 square feet of industrial space at 606 W. 24th Street in Norfolk, VA. Ben Leon represented the landlord.
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La Palma has leased 2,800 square feet of retail space in Oxbridge Square Shopping Center located at 10001 Hull Street Road in Richmond, VA. Andrew Thacker, Thomas Langston and Nathan Shor represented the landlord.
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Escape 2 Eden, LLC has leased 2,265 square feet of industrial space at 1823 County Street in Portsmouth, VA. Pierce Jacobson and Chris Zarpas represented the landlord.
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Greenbrier Suites, LLC has leased 1,856 square feet of retail space at Greenbrier Village located at 732 Eden Way in Chesapeake, VA. Bill Overman, CCIM represented the landlord.
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Lavish Collection has leased 1,800 square feet of retail space at College Park Square I Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
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Epic Vapor has leased 1,400 square feet of retail space at Jefferson Shoppes in Newport News, VA. Chris Hucke represented the landlord.
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Romeo’s Pizza has leased 1,350 square feet of retail space located at 3845 Conlon Way in Elizabeth City, NC. Ben Leon represented the landlord.
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Michael Logan, Jr. has leased 582 square feet of office space at 7275 Glen Forest Drive in Richmond, VA. Austin Newman, SIOR represented the tenant.
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Cristian Carabali & Elena Camancho leased 460 square feet of retail space in 360 West Shopping Center located at 7206 Hull Steet Road in N. Chesterfield, VA. Thomas Langston, Andrew Brodie and Nathan Shor represented the landlord.
SALE TRANSACTIONS:
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Peninsula Main VA LLC has sold the Peninsula Town Center, Building A, an 8,000 square foot retail property located on Allainby Way in Hampton, VA for $1,125,000. Nathan Shor represented the seller in conjunction with Palomar Group, an X Team Partner.
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Springdale Plaza has purchased .835 acre of land located at Lot 2, Springdale, Mechanicsville Turnpike in Henrico, VA, to be developed as a Dunkin’-anchored strip center, from Springdale Park Out Parcels LLC for $700,000. Nathan Shor and Elliot Warsof represented the Buyer.
LEASE RENEWALS/EXTENSIONS/EXPANSIONS:
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Communications Test Design, Inc. has renewed its lease on 115,926 square feet of industrial space at 2601 Indian River Road in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR represented the tenant.
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Blast-One International has renewed its lease on 12,000 square feet of industrial space at 3501-A Shipwright Street in Portsmouth, VA. Ben Leon represented the tenant.
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Beauty World Discount has exercised its option on 5,000 square feet of retail space at Suffolk Village Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
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Taco Bell has exercised an option on its ground lease of a .57 acre outparcel at Washington Square Shopping Center in Grafton, VA. Pierce Jacobson and Murray Rosenbach represented the landlord.
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Top Shelf Art has extended its lease on 3,000 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, Va. Tyler Jacobson represented the landlord.
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Dragon Restaurant has extended its lease on 2,400 square feet of retail space at Regency Hilltop Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
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Wealthway Financial Advisors, Inc. has renewed its lease on 1,933 square feet of office space in the Wells Fargo Center in Norfolk, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
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Adele Diamonds has extended its lease on 1,632 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
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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.
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Royal Nails 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.
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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. Andrew Thacker and Bob Butcher represented the landlord.
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Beautiful Brows by Annie has extended its lease on 960 square feet of retail space at WindsorMeade Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
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Cigars has renewed its lease on 750 square feet of retail space in Chesterfield Meadows Shopping Center located at 6531 Centralia Road in Chesterfield, VA. Andrew Thacker and Bob Butcher represented the landlord.
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Professional Nails has extended its lease on 630 square feet of retail space at Kempsville Plaza Shopping Center in Virginia Beach, VA. Pierce Jacobson represented the landlord.
