NORFOLK, VA (April 2022) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $19 million in sales and lease volume on 253,432 square feet and approximately 9 acres for the Norfolk and Richmond Offices:
NEW LEASES:
- Chesterfield Public Schools has leased 20,000 square foot warehouse property located at 13600 Permilla Springs Drive in Chester, VA. Paul Peck represented the landlord.
- S&J Legacy Contracting, Inc. and Saquann Massenburg have leased 5,250 square feet of retail space at 7495 Old Hickory Drive in Mechanicsville, VA. Reid Cardon represented the tenant.
- Los Panchos has leased 5,000 square feet of retail space in Short Pump Crossing located at 3532 Pump Road in Henrico, VA. Bob Butcher and Andrew Thacker represented the landlord. $624,484
- Paramount Commercial Renovation has leased 3,375 square feet of warehouse space at Town Center Station Shopping Center in Virginia Beach, VA. Martin Murden and Murray Rosenbach represented the landlord.
- Dances with Wool has leased 3,125 square feet of retail space in Sycamore Square Shopping Center located at 1358 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
- Black Angus Restaurant and Catering has leased 2,400 square feet at Great Neck Village Shopping Center in Virginia Beach, VA. Neal Sadler represented the landlord.
- SMG Security has leased 2,200 square feet of office space at 360 West Shopping Center located at 7206 Hull Street Road, Suites 207, 209 & 211 in North Chesterfield, VA. Andrew Brodie, Tom Langston and Nathan Shor represented the landlord.
- Renee’s Pet Styles has leased 1,750 square feet of retail space in Chesterfield Meadows Shopping Center located at 6527 Centralia Road in Chesterfield, VA. Bob Butcher and Andrew Thacker represented the landlord.
- LEARNWITHUS, LLC has leased 1,750 square feet of office space at 5219-B Hickory Park Drive in Glen Allen, VA. Andrew Brodie and Nathan Shor represented the landlord.
- Port Rover Canine Enrichment Center, Inc. has leased 1,626 square feet of retail space at Victory West Shopping Center in Portsmouth, VA. Mike Zarpas represented the landlord.
- Jones Insurance and Financial Agency has leased 1,424 square feet of retail space at Edinburgh Commons North Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord.
- Epic Vapor Company has leased 1,290 square feet of retail space at Hampton Boulevard Plaza in Norfolk, VA. Mike Zarpas handled the transaction.
- Kempsville Pharmacy has leased 1,230 square feet of retail space at Kempsville Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
- Blown Away Salon Williamsburg has leased 1,200 square feet of retail space at WindsorMeade Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
- Port Rover Petite, LLC has leased 900 square feet of retail space at Victory West Shopping Center in Portsmouth, VA. Mike Zarpas represented the landlord.
- Peggy Hawthorne-Wood has leased 758 square feet of retail space in 360 West Shopping Center located at 7206 Hull Street Road, Suite 100-A in North Chesterfield, VA. Andrew Brodie, Tom Langston and Nathan Shor represented the landlord.
- The C.J. Experience has leased 696 square feet of retail space in Sycamore Square Shopping Center located at 1244 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
- Hunter March Insurance has leased 630 square feet of retail space at Suffolk Plaza Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
- Yannett Diaz has leased 425 square feet of office space in 360 West Shopping Center located at 7206 Hull Street Road, Suite 101-A in North Chesterfield, VA. Andrew Brodie, Tom Langston and Nathan Shor represented the landlord.
- Multi Publishing Group has leased 349 square feet of office space in 360 West Shopping Center located at 7206 Hull Street Road, Suite 1088-1 in North Chesterfield, VA. Andrew Brodie, Tom Langston and Nathan Shor represented the landlord.
SALE TRANSACTIONS:
- KAMCO 610 LLC has purchased Rodman Shopping Center, a 51,447 square foot center on 2.970 acres located at 3126 High Street, 3207 Glasgow Street, and 3100 London Boulevard in Portsmouth, VA from KF&F Properties, LLC for $2,236,500. Ben Leon represented the seller.
- Virginia Beach SEI, LLC has purchased .885 acre of land located at 5790 Princess Anne Road in Virginia Beach, VA from Julie Bonney Crockett and Karen Bonney Fleming for $2,000,000. Ben Leon and Nathan Shor represented the buyer.
- S & T 1400, LLC has purchased an 18,800 square foot industrial building on 1.09 acres located at 1400 London Boulevard in Portsmouth, VA from Raymond W. and Regla B. Moore for $1,495,000. Michael Myers represented the buyer.
- PJG Property Solutions, LLC has purchased a 9,996 square foot office building on 1.54 acres located at 3825 Holland Boulevard in Chesapeake, VA from Donna J. Duncan for $1,150,000. Bill Overman, CCIM and John Wessling, CCIM represented the buyer.
- High Street Properties Holding LLC has purchased a 33,800 square foot retail building on .38 acre located at 211, 213, 215 High Street in Portsmouth, VA from Peter B. Crockin and Laurie C. Rhew for $755,000. Michael Myers represented the seller.
- MRP Property LLC has purchased a 7,416 square foot office building on .133 acre located at 306 E. Main Street in Richmond, VA from DPS Properties, Inc. for $750,000. Andrew Brodie and Nathan Shor handled the transaction.
- 3845 Conlon, LLC has purchased 1.150 acres of land located at 3845 Conlon Way (Outlot 4) in Elizabeth City, NC from TGW 1 North, LLC for $532,500. Ben Leon and Mike Zarpas represented the buyer.
- Harris Investment Holdings, LLC has purchased a 5,374 square foot office property on .76 acre located at 2501 Lafayette Boulevard in Norfolk, VA from C R Services, Inc. for $500,000. Sam Rapoport represented the seller.
- Ark Holdings 644 LLC has purchased a 2,200 square foot office condo located at 644 Independence Parkway, Unit 300 in Chesapeake, VA from MGC Properties, LLC for $400,000. Michael Myers represented the buyer.
- 370 Garrisonville LLC has purchased three retail buildings totaling 3,180 square feet on .365 acre located at 2500 N. Lombardy Street in Richmond, VA from Timothy A. Gortney for $390,000. Tom Langston and Elliot Warsof represented the seller.
LEASE RENEWALS/EXTENSIONS/EXPANSIONS:
- Dollar General has extended its lease on 8,470 square feet of retail space at Kempsville Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
- HobbyTown has extended its lease on 7,200 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane and Murray Rosenbach represented the landlord.
- New China Restaurant has extended its lease on 6,000 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Murray Rosenbach represented the landlord.
- HEA Living Patio & Hearth has extended its lease on 5,600 square feet of retail space at Quarterpath Crossing Shopping Center in Williamsburg, VA. Richard Jacobson and Tyler Jacobson represented the landlord.
- J’s Beauty Outlet has extended its lease on 3,584 square feet of retail space at Smithfield Square Shopping Center in Smithfield, VA. Chris Hucke represented the landlord.
- Tactical Rehabilitation has extended its lease on 3,480 square feet of retail space at Meadowbrook Shopping Center in Norfolk, VA. Maggie Spillane represented the landlord.
- Mom & Me has leased 3,080 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
- Penelope has renewed its lease on 3,000 square feet of retail space in Virginia Center Marketplace located at 10112 Brook Road in Glen Allen, VA. Bob Butcher and Andrew Thacker represented the landlord.
- Le Hair & Nails has renewed its lease on 2,500 square feet of retail space in 360 West Shopping Center located at 7150 Hull Street Road in North Chesterfield, VA. Andrew Brodie, Tom Langston and Nathan Shor represented the landlord.
- Rita’s Italian Ice has renewed its lease on 2,475 square feet of industrial space at 6001 Miller Store Road in Norfolk, VA. Pierce Jacobson represented the tenant.
- Asahi Japanese Restaurant has extended its lease on 2,443 square feet of retail space at Washington Square Shopping Center in Grafton, Va. Neal Sadler represented the landlord.
- Quality Music Center has extended its lease on 2,205 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
- Biringer Builders has renewed its lease on 1,870 square feet of office space in Sycamore Square Shopping Center located at 1260 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
- Olive Oil Taproom has renewed its lease on 1,500 square feet of retail space in The Shoppes at Bellgrade located at 11400 W. Huguenot Road, Suite 116 in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
- Aviation Management Analytical Consultants, LLC has renewed its lease on 1,402 square feet of office space at Oakbrooke Professional Center in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
- Little Caesars has extended its lease on 1,200 square feet of retail space at College Park Square I Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
- Chin’s Cleaners has extended its lease on 1,200 square feet of retail space at Wythe Creek Shoppes in Hampton, VA. Neal Sadler represented the landlord.
- Pizza Hut has exercised its option on 1,200 square feet of retail space at Glenwood Square Shopping Center in Chesapeake, VA. Murray Rosenbach represented the landlord.
- Thai Express, LLC has extended its lease on 1,130 square feet of retail space at Cypress Point Shopping Center in Virginia Beach, VA. Martin Murden represented the landlord.
- Fidura & Associates, Inc. has renewed its lease on 1,064 square feet of office space at Courtyard at Providence in Virginia Beach, VA. Pierce Jacobson represented the landlord.
- GNC has 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.
- LT Nails has renewed its lease on 900 square feet of retail space in Short Pump Crossing Shopping Center located at 3414 Pump Road in Henrico, VA. Bob Butcher and Andrew Thacker represented the landlord.
- Liberty Tax has exercised its option on 825 square feet of retail space at Suffolk Village Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
- Supreme Dry Clean has extended its lease on 825 square feet of retail space at Buckner Retail Shoppes in Virginia Beach, VA. Chris Hucke represented the landlord.
With over 116 years of expertise in the real estate industry, S.L. Nusbaum Realty Co. manages, develops and provides brokerage services for shopping centers, apartment communities, office, industrial, land and investment properties throughout the Southeast and Mid-Atlantic. For more information, visit: www.slnusbaum.com.
