S.L. Nusbaum Realty Co. Announces $22 Million in Completed Transactions for November 2021


NEW LEASES:  

  • Liberty Transport has leased 33,370 square feet of industrial space at 1400 Cavalier Boulevard in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the tenant.
  • Classic Air Care, LLC has leased 24,349 square feet of flex space in TRC Center III located at 240 Clearfield Avenue in Virginia Beach, VA. Pierce Jacobson and Matthew Nusbaum represented the tenant.
  • Waymakers Foundation has leased 4,200 square feet of retail space in 360 West Shopping Center located at 7106 Hull Street Road in Richmond, VA. Graham Sheridan and Nathan Shor represented the landlord.
  • Popeyes Louisiana Kitchen has ground leased .80 acre at Tanglewood Mall Shopping Center located at 4420 Electric Road in Roanoke, VA. Nathan Shor represented the tenant.
  • Pasadena Village Network of Services has leased 3,836 square feet of office space in Twin Oaks I located at 5700 Lake Wright Drive in Norfolk, VA. Ashley Bussey represented the tenant.
  • Associates in Emergency Care, LLC has leased 3,213 square feet of office space in Pembroke Office Park in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and Sam Rapoport represented the landlord.
  • Massage Envy of Glen Allen has leased 3,000 square feet of retail space in Virginia Center Marketplace located at 10114 Brook Road in Henrico, VA. Bob Butcher and Andrew Thacker represented the landlord.
  • Tidewater Lung and Sleep Center, PLLC has leased 2,948 square feet of office space in Obici 1 Medical Office Building located at 2790 Godwin Boulevard in Suffolk, VA. Ashley Bussey and John M. Profilet, SIOR represented the landlord.
  • Featherstone Partners, LLC has leased 2,722 square feet of office space at 1321 Laskin Road in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and Sam Rapoport represented the landlord.
  • Smartbasil, LLC has leased 2,464 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
  • BWG Field Ops LLC has leased 1,801 square feet of commercial space at 1004 N. Sheppard Street in Richmond, VA. Zach Hernandez represented the tenant.
  • Casino Tobacco & Vape has leased 1,600 square feet of retail space in Fayette Square Shopping Center located at 329 Mall Road in Oak Hill, WV. Fenton Childers represented the landlord.
  • Emskip has ground leased 4 acres at 1378 Air Rail Avenue in Virginia Beach, VA. Martin Murden represented the tenant.
  • Cricket Wireless has leased 1,410 square feet of retail space at Suffolk Plaza Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Ivy Tobacco & Vape has leased 1,400 square feet of retail space at Ridgewood Farms Shopping Center located at 1917 Electric Road, Suite 35 in Salem, VA. Fenton Childers represented the landlord.
  • Kings Tobacco has leased 1,345 square feet of retail space at Greenbrier Village in Chesapeake, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
  • Sew Unik Studio has leased 800 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Compassion & Healing Counseling, LLC has leased 672 square feet of office space at 524 Albemarle Drive in Chesapeake, VA. Ashley Bussey represented the landlord.

SALE TRANSACTIONS:

  • RCS Properties Series A5 has purchased a 43,217 square foot commercial building on 4.88 acres located at 7545 Midlothian Turnpike in Richmond, VA from NW05 Richmond VA LLC for $4,000,000. Austin Newman, SIOR and Nathan Shor represented the seller.
  • Parkway Corporation has purchased .72 acre located at 115 N. Foushee, 3 E. Grace Street, 9 E. Grace Street and 101 W. Grace Street in Richmond, VA from Jim’s Family Corporation for $2,875,000. Nathan Shor represented the seller.
  • Larandon’s Homes, LLC has purchased a 24,407 square foot retail/office property on .81 acre at 226-230 W. Olney Road and 801 Boush Street in Norfolk, VA from The Runnymede Corporation for $2,050,000. Ben Leon and Sam Rapoport represented the seller.
  • Landmark Recovery of Louisville, LLC has purchased a 27,889 square foot commercial building on 4 acres located at 42 Mitchell Avenue in Warsaw, VA from Americare Plus, LLC for $2,000,000. Martin Murden represented the seller and Chris Devine and Elliot Warsof represented the buyer.
  • SDL Realty Investments, LLC has purchased 1.12 acres of land located at 2336 Elson Green Avenue in Virginia Beach, VA from General Booth Properties, Inc. for $1,000,000. Mike Zarpas and Pierce Jacobson represented the seller.
  • Fancy Corporation has purchased a 5,000 square foot industrial building on .48 acre located at 2913 Queen City Road in Chesapeake, VA from No Limits LLC for $399,000. Chris Devine represented the buyer.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

  • Jos A. Bank Clothiers has renewed its lease on 4,500 square feet of retail space in Sycamore Square Shopping Center located at 13270 Midlothian Turnpike in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
  • Pollard’s Chicken has exercised its option on 3,060 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Honey Butter’s Kitchen has extended its lease on 2,800 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.
  • Einstein Bagels has renewed its lease on 2,400 square feet of retail space in Short Pump Crossing Shopping Center located at 3320 Pump Road in Henrico, VA. Bob Butcher and Andrew Thacker represented the landlord.
  • Deep Creek Family & Cosmetic Dentistry has extended its lease on 2,400 square feet of retail space at The Crossings at Deep Creek Shopping Center in Chesapeake, VA. Murray Rosenbach represented the landlord.
  • Wasabi Sushi has renewed its lease on 2,375 square feet of retail space in Chesterfield Meadows Shopping Center located at 6515 Centralia Road in Chesterfield, VA. Bob Butcher and Andrew Thacker represented the landlord.
  • Biringer Builders has renewed its lease on 1,870 square feet of retail space in Sycamore Square Shopping Center located at 1260 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
  • Sharp International has renewed its lease on 1,530 square feet of office space at 620 Prosperity Way in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
  • Edward Jones has renewed its lease on 1,425 square feet of office space at 3330 Tyre Neck Road, Suite L in Portsmouth, VA. Michael Myers represented the landlord.
  • Paul Saunders, DDS has renewed its lease on 1,200 square feet of retail space in Short Pump Crossing Shopping Center located at 3422 Pump Road in Henrico, VA. Bob Butcher and Andrew Thacker represented the landlord.
  • Skinover has extended its lease on 1,100 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Sonia African Hair Braiding has extended its lease on 1,100 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • Versus Salon has exercised its option on 992 square feet of retail space at Town Center Station in Virginia Beach, VA. Martin Murden and Murray Rosenbach represented the landlord.
  • TAO Feet Spa has extended its lease on 700 square feet of retail space at Great Neck Village in Virginia Beach, VA. Neal Sadler represented the landlord.
  • Life Beauty Supply has extended its lease on 630 square feet of retail space at James York Plaza Shopping Center in Williamsburg, VA. Maggie Spillane represented the landlord.
  • Master Barber’s has extended its lease on 624 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
  • Virginia Health Partners LLC has renewed its lease on 585 square feet of office space at 3330 Tyre Neck Road, Suite F in Portsmouth, VA. Michael Myers handled the transaction.
  • Gregory Realty has extended its lease on 400 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.

With over 115 years of expertise in the real estate industry, S.L. Nusbaum Realty Co. manages, develops and provides sales and leasing services for shopping centers, apartment communities, office, industrial and investment properties throughout the Mid-Atlantic and Southeast.

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