NORFOLK, VA (November 2023) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $24 million in sales and lease volume on 117,542 square feet and approximately 62 acres for the Norfolk and Richmond Offices:
NEW LEASES:
-
Horizon Ground Maintenance has leased 21,488 square feet of industrial space located at 2043 Church Street in Norfolk, VA. Michael Myers represented the landlord.
-
757 Makerspace, Inc. has leased 17,350 square feet of warehouse space at 737 E. 23rd Street in Norfolk, VA. Martin Murden and Chris Zarpas represented the landlord.
-
Dollar Tree has leased 10,625 square feet of retail space at Linkhorn Shoppes in Virginia Beach, VA. Pierce Jacobson and Murray Rosenbach represented the landlord.
-
Gateway Services, LLC has leased 8,040 square feet of office space at 2400 Llewellyn Avenue in Norfolk, VA. Martin Murden and Chris Zarpas represented the landlord.
-
Axis Supply Corporation has leased 5,020 square feet of flex space located at 5650 E. Virginia Beach Boulevard in Norfolk, VA. Sam Rapoport represented the landlord.
-
La Parrilla Mexican Grill has leased 4,976 square feet of retail space at The Shoppes at Planter’s Station in Suffolk, VA. Maggie Spillane represented the tenant.
-
Sweeney & Sons Unlimited Inc. has leased 4,500 square feet of office space at 1583 Standing Ridge Drive, Suite A-C in Powhatan, VA. Andrew Thacker represented the landlord.
-
Punjabi Rasoi has leased 3,800 square feet of retail space at Kempsville Crossing Shopping Center in Chesapeake, VA. Maggie Spillane represented the tenant.
-
The Destruction Room has leased 3,165 square feet of retail space at Mattress Firm Plaza Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
-
The Town Square Play Café has leased 3,077 square feet of retail space at The Crossing at Deep Creek in Chesapeake, VA. Maggie Spillane represented the landlord.
-
Ivy Rehab has leased 2,685 square feet of office space at 5901 W. Broad Street, Suite 203 in Richmond, VA. Nathan Shor represented the landlord.
-
AMG National Trust Bank has leased 2,237 square feet of office space at 100 Constitution Drive in Virginia Beach, VA. John M. Profilet, SIOR and Steve Weinstein represented the landlord and Sam Rapoport represented the tenant.
-
Giuseppe’s Pizza has leased 2,000 square feet of retail space in Oxbridge Square Shopping Center located at 10001 Hull Street Road, #25 in Richmond, VA. Andrew Thacker and Nathan Shor represented the landlord.
-
Hutco, Inc. has leased 1,200 square feet of office space at 728 High Street in Portsmouth, VA. Austin Glaser represented the landlord.
-
MetFit RX has leased 1,028 square feet of office space at 5901 W. Broad Street, Suite 205 in Richmond, VA. Nathan Shor represented the landlord.
-
MOZN Solutions has leased 696 square feet of retail space in Sycamore Square Shopping Center located at 1244 Sycamore Square, Suite 201 in Midlothian, VA. Andrew Thacker and Bob Butcher represented the landlord.
-
Master, Inc, has leased 1.94 acres of land located at 1050 Bells Road in Virginia Beach, VA. Martin Murden represented the tenant.
SALES TRANSACTIONS:
-
The Overton Group has purchased 57 acres of land located at The Nelms Farm, 5000 Bennetts Pasture Road in Suffolk, VA from Brandon Nelms and Jennifer McDowell for $5,600,000. Chris Zarpas represented the seller.
-
MON AMI MK VA LLC has purchased a 25,000 square foot industrial/retail facility on 2.655 acres located at 10300 Northlake Park Drive in Ashland, VA. From FRHP 1 LLC for $4,025,000. Nathan Shor and Reid Cardon represented the seller.
LEASE RENEWALS/EXTENSIONS/EXPANSIONS
-
Romantic Kingdom has renewed its lease on 5,591 square feet of retail space at 564 First Colonial Road in Virginia Beach, VA. Ben Leon and Nathan Shor represented the landlord.
-
Med Emporium has extended its lease on 5,000 square feet of retail space at Regency Hilltop Shopping Center in Virginia Beach, VA. Pierce Jacobson represented the landlord.
-
Stepping Stones Child Development Center has extended its lease on 4,500 square feet of retail space at Warwick Village Shopping Center, Unit 12, in Newport News, VA. Chris Hucke represented the landlord.
-
Stepping Stones Child Development Center has extended its lease on 4,200 square feet of retail space at Warwick Village Shopping Center, Unit 11, in Newport News, VA. Chris Hucke represented the landlord.
-
East Coast Gym has extended its lease on 3,960 square feet of retail space at College Park Square I Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
-
Sweet Beans has exercised its option on 3,000 square feet of retail space at Wythe Creek Shopping Center in Hampton, VA. Pierce Jacobson and Chris Hucke represented the landlord.
-
America’s Best Contacts & Eyeglasses has extended its lease on 2,940 square feet of retail space in The Shops at Cedar Valley in Williamsburg, VA. Maggie Spillane and Chris Hucke represented the landlord.
-
Sam’s Beauty Supply has extended its lease on 2,600 square feet of retail space at University Shoppes in Norfolk, VA. Pierce Jacobson represented the landlord.
-
Klassy Kutz has extended its lease on 2,400 square feet of retail space at Suffolk Plaza Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
-
GameStop has extended its lease on 1,489 square feet of retail space in The Shops at Cedar Valley in Williamsburg, VA. Maggie Spillane and Chris Hucke represented the landlord.
-
Duck Donuts has extended its lease on 1,250 square feet of retail space at Marketplace Shoppes in Williamsburg, VA. Tyler Jacobson represented the landlord.
-
Savor the Olive has extended its lease on 1,236 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
-
Blue Cow Ice Cream has exercised its option on 1,200 square feet of retail space at Cape Henry Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
-
Steward Deacon State Farm Insurance has exercised its option on 1,200 square feet of retail space at The Crossing at Deep Creek in Chesapeake, VA. Maggie Spillane represented the landlord.
-
SkinOver has extended its lease on 1,100 square feet of retail space at College Park Square II in Virginia Beach, VA. Chris Hucke represented the landlord.
-
Covered by Aloysia has extended its lease on 1,000 square feet of retail space at College Park Square II in Virginia Beach, VA. Chris Hucke represented the landlord.
-
Metro PCS has extended its lease on 1,000 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
-
Element Salon LLC has renewed its lease on 750 square feet of retail space in Sliding Hill Shopping Center located at 10393 Sliding Hill Road, Suite F in Ashland, VA. Andrew Thacker and Bob Butcher represented the landlord.