NORFOLK, VA (October 7, 2026) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $26 Million in sales and lease volume on 125,279 square feet and approximately 43 acres for the Norfolk and Richmond Offices:
NEW LEASES:
- Taco Bell has ground leased 1.58 acres of retail land at 1066 Independence Boulevard in Virginia Beach, VA. Matthew Nusbaum represented the landlord.
- 7-Eleven, Inc. has leased 12,800 square feet of industrial space at 5721 Bayside Road, Suites L-M in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
- Pentapeaks, LLC has leased 6,375 square feet of retail space at Lynnhaven North Shopping Center in Virginia Beach, VA. Martin Murden and Chris Devine represented the tenant.
- Howlett Automotive, Inc. has leased 6,190 square feet of industrial space at 3355 Lyons Ave in Norfolk, VA. Anthony Grecco and Martin Murden represented the landlord.
- Investor Securities Group, Inc. has leased 3,444 square feet of office space at City Center Oyster Point located at 701 Town Center Drive, Suite 800 in Newport News, VA. Sam Rapoport represented the tenant.
- Carr Electrical & Electronic Service & Repair LLC & Wendell L. Carr & Lisa M. Jones dba Medical Mobility Repair has leased 3,000 square feet of industrial space at 31-C Conestoga Way in Troy, VA. Andrew Brodie and Trib Sutton represented the landlord.
- White Knuckles Gym has leased 2,800 square feet of retail space at the Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
- VIP Pet Supply has leased 2,720 square feet of retail space at 8150 Ladysmith Road in Ruther Glen, VA. Sarah Sadler, Nathan Shor and Andrew Thacker represented the landlord.
- Holly Philly, LLC has leased 1,500 square feet of retail space at Short Pump Corner Shopping Center located at 11569 West Broad Street, Space A5 in Richmond, VA. Andrew Thacker and Bob Butcher represented the landlord.
- Matriarch Crisis Foundation, LLC has leased 1,404 square feet of office space located at 111 Coastal Way in Chesapeake, VA. Anthony Grecco represented the landlord.
- Tidewater Utility Construction LLC has leased 1,351 square feet of industrial space at 5776 Arrowhead Drive in Virginia Beach, VA. Michael Good represented the landlord.
SALE TRANSACTIONS:
- Del Lago Ventures, Inc., a Georgia corporation wholly owned by RaceTrac, has purchased 6.05 acres of land located at 2925 Pruden Blvd in Suffolk, VA from Port 460 Owner, LP for $4,769,898. Sam Rapoport and Larry Agnew represented the buyer.
- The K Family Trust has purchased a 22,800 square foot retail property on 1.94 acres located at 385 N. Witchduck Road in Virginia Beach, VA from JCD, LLC for $2,850,000. Douglas O. Tice, III, CCIM and Anthony Grecco represented the buyer.
- WEDG Acquisitions LLC, , a Dunkin’ franchisee, has purchased 0.54 acre of land located at 1017 N. Arthur Ashe Boulevard in Richmond, VA from HPSE LLC for $2,400,000. Nathan Shor represented the buyer.
- Chesapeake Development Owner LLC has purchased 2 acres of land located at 1664 Debaun Avenue in Chesapeake, VA from R and J Motel Management Inc. for $1,625,000. John J. Wessling Sr., CCIM, Anthony Grecco, Jessica Miklas and Chris Devine represented the seller.
- Auxillary Systems Inc has purchased 2.23 acres of land located at 2401 Church Street in Norfolk, VA from Snow Limited LLC for $1,250,000. John J. Wessling Sr., CCIM and Chris Devine represented the seller.
- Florence DG LLC has purchased a 10,208 square foot Dollar General on 5.470 acres located at 7864 Arkabutla Road in Coldwater, MS from 7864 Arkabutla Road Owner LLC for $905,000. Doug Aronson of SLN Capital Markets represented the seller.
- TAK Holdings, LLC has purchased 26.85 acres of land located at Riverlane Road in Jarvisburg, NC from Great Carolina Ventures Inc. for $525,000. Carter Wells and Nathan Shor represented the seller.
- Pony Farm Associates LLC has purchased 1.77 acres of land located at 717 Starview Lane in N. Chesterfield, VA from Marmaduke & Berthel M. Plummer for $200,000. Andrew Thacker, Nathan Shor and Larry Agnew represented the seller.
LEASE RENEWALS/EXTENSIONS/EXPANSIONS:
- Dollar General has exercised its option on 8,470 square feet of retail space at Kempsville Plaza Shopping Center in Virginia Beach, VA. Pierce Jacobson represented the landlord.
- Taylor’s Do It Center has exercised its option on 7,000 square feet of retail space at Creekside Village Shopping Center in Suffolk, VA. Pierce Jacobson represented the landlord.
- Greenbrier Vinyl & Gutter Co. has extended its lease on 6,864 square feet of office space at 912 Professional Place in Chesapeake, VA. John M. Profilet, SIOR represented the landlord.
- Virginia ABC has renewed its lease on 4,000 square feet of retail space at The Shoppes at Bellgrade located at 11400 W. Huguenot Road, Unit #122 in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
- Affordable Dentures has extended its lease on 3,825 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Pierce Jacobson represented the landlord.
- Better View Roofing has extended its lease on 3,665 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
- Colonial Air Conditioning & Heating Services, Inc. has extended its lease on 2,541 square feet of industrial space at 5773 Arrowhead Drive in Virginia Beach, VA. Michael Good represented the landlord.
- Adele Diamond 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.
- Cathy Nails has renewed its lease on 1,500 square feet of retail space at Virginia Center Marketplace Shopping Center located at 10120 Brook Road, Unit #1 in Glen Allen, VA. Bob Butcher and Andrew Thacker represented the landlord.
- OneMain Financial Group has extended its lease on 1,500 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Pierce Jacobson represented the landlord.
- Coastal Marine Services, Inc. has extended its lease on 1,250 square feet of industrial space at 5776 Arrowhead Drive in Virginia Beach, VA. Michael Good represented the landlord.
- Tanko Japan has extended its lease on 1,250 square feet of retail space at The Crossing at Deep Creek Shopping Center in Chesapeake, VA. Lindsay Bangel represented the landlord.
- The UPS Store has renewed its lease on 1,200 square feet of retail space at Short Pump Crossing Shopping Center located at 3420 Pump Road, Unit #11 in Henrico, VA. Bob Butcher and Andrew Thacker represented the landlord.
- Americare has extended its lease on 1,170 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Brody Tucker represented the landlord.
- Jody G has extended its lease on 1,020 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Allison Rachels and Richard Jacobson represented the landlord.
- Discount Cleaners has extended its lease on 1,000 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.
- Umbrella Corporation Weapons Research Group has extended its lease on 1,000 square feet of office space at Birdneck Business Center, Suite A100 in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
- Unified Women’s Healthcare, LP has extended its lease on 900 square feet of office space at 109 Currituck Commercial Drive in Moyock, NC. Anthony Grecco and Chris Devine represented the landlord.
- Glenda’s Bulalohan has extended its lease on 675 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Brody Tucker represented the landlord.
- Umbrella Corporation Weapons Research Group has extended its lease on 225 square feet of office space at Birdneck Business Center, Suite 202B in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
