S.L. Nusbaum Realty Co. Announces $20 Million in Completed Transactions for June 2024


NORFOLK, VA (July 2024) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $20 million in sales and lease volume on 235,106 square feet and approximately 6.5 acres for the Norfolk and Richmond Offices:
NEW LEASES:
  • Prolific Counseling, LLC has leased 16,810 square feet of office space at 865 Monticello Avenue in Norfolk, VA. John M. Profilet, SIOR and Austin Glaser represented the landlord.
  • Pet Supplies Plus has leased 8,450 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Torch RVA LLC has leased 4,800 square feet of retail space at The Shops at Stonehenge located at 2077 Walmart Way in Midlothian, VA. Andrew Brodie and Andrew Thacker represented the landlord.
  • Merco Biomedical, Inc. has leased 3,715 square feet of industrial space at Birdneck Business Center in Virginia Beach, VA. Ben Leon and Pierce Jacobson represented the landlord.
  • Building Blocks, LLC has leased 3,600 square feet of office space at 12201 Gayton Road, Suite 100, in Richmond, VA. Thomas Clarkson and Austin Newman, SIOR represented the tenant.
  • Green Devil Garage, LLC has leased 3,000 square feet of industrial space at Birdneck Business Center in Virginia Beach, VA. Ben Leon and Pierce Jacobson represented the landlord.
  • Sun Tribe Asset Management, LLC has leased 3,000 square feet of industrial space at 31A Conestoga Way in Troy, VA. Andrew Brodie and Nathan Shor represented the landlord.
  • Ivybrook Academy has leased 2,991 square feet of office space at 1417 Anderson Highway in Powhatan, VA. Andrew Thacker and Austin Newman, SIOR represented the landlord.
  • Stuart’s Marine, LLC has leased 2,969 square feet of retail space at 22073 Brewers Neck Boulevard in Carrollton, VA. Michael Myers handled the transaction.
  • Leonard Aluminum Utility Buildings LLC has leased 2,680 square feet of retail space at 16001 Rt. 1 in S. Chesterfield, VA. Douglas O. Tice, III and Andrew Thacker represented the Landlord.
  • Merco Biomedical, Inc. has leased 2,688 square feet of office space at Birdneck Business Center in Virginia Beach, VA. Ben Leon and Pierce Jacobson represented the landlord.
  • Rooter of Virginia Beach and Northern Virginia has leased 2,000 square feet of industrial space at 9120 Beam Lane in Manassas, VA. Adam Shor and Martin Murden represented the tenant.
  • S. Army has leased 1,500 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Sapphire Counseling, LLC has leased 908 square feet of office space at 355 Crawford Street in Portsmouth, VA. John M. Profilet, SIOR represented the landlord and Michael Good and Austin Glaser represented the tenant.
  • Shands Therapeutic Solutions, LLC has leased 435 square feet of office space at 355 Crawford Street in Portsmouth, VA. John M. Profilet, SIOR and Michael Good represented the landlord.
  • A-1 Plumbing Companies, LLC has leased 200 square feet of office space at Birdneck Business Center in Virginia Beach, VA. Ben Leon and Pierce Jacobson represented the landlord.
SALE TRANSACTIONS:
  • PN Kays LLC has purchased Greenbrier Market Shoppes, a 10,860 square foot retail center on 2.02 acres located at 1720 Sentinel Drive in Chesapeake, VA from Greenbrier Square Shoppes, LLC for $4,271,000. Doug Aronson and Carter Wells of SLN Capital Markets represented the seller.
  • Sky Real Estate Ventures and/or Assigns has purchased a 37,500 square foot office building on 2.44 acres located at 804-820 Port Centre Parkway in Portsmouth, VA from 800 Port Centre LLC for $4,000,000. Chris Zarpas and Martin Murden represented the buyer.
  • Tina M. Lamonica and Warren R. Wellen, Trustees for the Wellen-Lamonica Family Trust has purchased a 6,500 square foot retail property on 0.51 acre located at 393 Denbigh Blvd. in Newport News, VA from The Mill Associates for $600,000. Doug Aronson represented the seller.
  • STNL Fredericksburg, LLC has purchased 1.25-acre of land located at 5000 Spotsylvania Highway in Fredericksburg, VA from IOTA, LLC for $485,000. Douglas O. Tice, III, CCIM represented the buyer.
  • EZN Investments LLC has purchased a 4,825 square foot retail property on 0.20 acre located at 7455 Tidewater Drive in Norfolk, VA from Arthurtidewater, LLC Barbaratidewater, Bobtidewater, LLC, EDHolding, LLC for $377,500 Martin Murden and Sam Rapoport represented the seller.
  • At Ease Home Care, LLC has purchased a 960 square foot office property at 5265 Providence Road, Unit 103, in Virginia Beach, Virginia from JSO Property Management LLC for $151,000. Steve Weinstein represented the seller.
LEASE RENEWALS/EXTENSIONS/EXPANSIONS:
  • Roses has extended its lease on 63,000 square feet of retail space at College Park Square I Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
  • Catch Surfboard Co., LLC has renewed its lease on 15,000 square feet of industrial space at 1416 Ballentine Boulevard in Norfolk, VA. Stephanie Sanker, CCIM, SIOR and Neal Sadler represented the landlord.
  • Crystal’s Fashions has renewed its lease on 10,009 square feet of retail space at 7152-7156 Hull St Road in Richmond, VA. Andrew Brodie and Nathan Shor represented the landlord.
  • Verizon Wireless has renewed its lease on 4,050 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
  • Dragon Restaurant has renewed its lease on 2,400 square feet of retail space at Regency Hilltop Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
  • Quality Music Center has renewed its lease on 2,205 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
  • Sassy Bee has renewed its lease on 2,100 square feet of retail space at The Shoppes at Bellgrade in Midlothian, VA. Andrew Thacker and Bob Butcher represented the landlord.
  • Gail’s Bait & Tackle has renewed its lease on 1,661 square feet of retail space at Millwood Plaza Shopping Center in Chesapeake, VA. Lindsay Bangel represented the landlord.
  • Subway has renewed its lease on 1,575 square feet of retail space at 7102-C Hull St Road in Richmond, VA. Andrew Brodie and Nathan Shor represented the landlord.
  • The Bagel Baker has expanded its lease by 1,500 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
  • Trinity Christian Book Store has extended its lease on 1,500 square feet of retail space at Suffolk Plaza Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Nails Only has renewed its lease on 1,440 square feet of retail space at Cape Henry Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
  • J&K Style Grill has extended its lease on 1,200 square feet of retail space at College Park Square I Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
  • Little Caesars Pizza has extended its lease on 1,200 square feet of retail space at College Park Square I Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
  • Little Caesars Pizza has extended its lease on 1,200 square feet of retail space at Monticello Marketplace Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Shun Xing Chinese Restaurant has extended its lease on 1,200 square feet of retail space at Wythe Creek Shoppes Shopping Center in Hampton, VA. Pierce Jacobson represented the landlord.
  • Stewart Deacon State Farm has renewed its lease on 1,200 square feet of retail space at The Crossing at Deep Creek Shopping Center in Chesapeake, VA. Lindsay Bangel represented the landlord.
  • Williamsburg Tobacco & Vape has exercised its option on 1,200 square feet of retail space at James York Plaza Shopping Center in Williamsburg, VA. Maggie Spillane represented the landlord.
  • Fidura & Associates, Inc. has extended its lease on 1,064 square feet of office space at Courtyard at Providence in Virginia Beach, VA. Steve Weinstein represented the landlord.
  • Gift of Therapy and Consulting has extended its lease on 1,060 square feet of office space at 3300 Tyre Neck Road in Portsmouth, VA. Michael Myers represented the landlord.
  • Lionheart Ltd. has extended its lease on 960 square feet of office space at Courtyard at Providence in Virginia Beach, VA. Steve Weinstein represented the landlord.

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