S.L. Nusbaum Realty Co. Announces $27 Million in Completed Transactions for March 2023

NORFOLK, VA (April 2023) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $25 million in sales and lease volume on 344,463 square feet and approximately 32 acres for the Norfolk and Richmond Offices:

NEW LEASES:

Top Tier Solar Solutions, LLC has leased 27,488 square feet of flex space on 2.3011 acres located at 5301 E. Princess Anne Road in Norfolk, VA. Austin Glaser represented the landlord.
Village Thrift has leased 11,915 square feet of retail space at Warwick Village Shopping Center in Newport News, VA. Chris Hucke represented the landlord.
Sorella’s Italian has leased 6,256 square feet of retail space at 356 Laskin Road in Virginia Beach, VA. Chris Devine represented the tenant.
KidStrong has leased 3,600 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
Premium Nail Studio has leased 3,000 square feet of retail space at The Shoppes at Tanglewood, Suite G in Elizabeth City, NC. Chris Devine represented the landlord.
Z’s Tobacco CBD & Vape Inc. has leased 2,850 square feet of retail space in Town & Country Shopping Center located at 1302 Main Street, Suite J in Altavista, VA. Fenton Childers and Nathan Shor represented the landlord.
Parker & Peony Consignment Boutique has leased 2,400 square feet of retail space at James York Plaza in Williamsburg, VA. Maggie Spillane represented the landlord.
SNKRVILLE has leased 1,950 square feet of retail space at 352 Laskin Road in Virginia Beach, VA. Martin Murden represented the tenant.
JRod’s Automotive, LLC has leased 1,800 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
N & R ALG, LLC has leased 1,789 square feet of retail space at 72 Colony Road in Newport News, VA. Austin Glaser and John Wessling, CCIM represented the landlord.
Zone 7 Photography LLC has leased 1,300 square feet of commercial space located at 110 E. 21^st Street in Richmond, VA. Thomas Langston represented the landlord.
The House of Muay Thai International has leased 1,950 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
Rita’s Italian Ice has ground leased 864 square feet on .367 acre located at 5308 Princess Anne Road in Virginia Beach, VA. Murray Rosenbach and Maggie Spillane represented the landlord and Martin Murden represented the tenant.
Sequoia Psychiatry has leased 460 square feet of retail space at 809 Greenbrier Parkway in Chesapeake, VA. Maggie Spillane represented the tenant.
Prime Interventions LLC has leased 275 square feet of office space at 5250 Challedon Drive, Suite 100H in Virginia Beach, VA. Martin Murden represented the landlord.
The Reactor is Critical has leased 200 square feet of office space at 500 Washington Street, Suites 1 and 8 in Portsmouth, VA. Sam Rapoport and Austin Glaser represented the landlord.

SALE TRANSACTIONS:

B&D Acquisitions LLC has purchased a 29,494 square foot industrial building on 6.6520 acres located at 909 and 913 Professional Place in Chesapeake, VA from Rolling Frito-Lay Sales, L.P. for $5,425,000. Stephanie Sanker, CCIM, SIOR represented the seller.
200 North Water, LLC has purchased a 10,800 square foot office building on .69 acre and 10 boat slips, located at 200 N. Water Street in Elizabeth City, NC from Arkcar Farms. Inc. for $1,350,000. Bill Overman, CCIM, John Wessling, CCIM and Chris Devine handled the transaction.
Carolina Harbor Properties of NC has purchased a 3,304 square foot office building on .504 acre located at 812 Eden Way North in Chesapeake, VA from CKM Properties LLC for $1,175,000. Chris Devine represented the buyer.
Krambias Properties LLC has purchased 9,656 square feet of office/retail space at 1725 Green Street and 20,678 square feet of office/retail space 670 Lincoln Street on 3.8640 acres in Portsmouth, VA from The Runnymede Corporation for $1,150,000. Ben Leon and Sam Rapoport represented the seller.
MDC Coast 12 LLC has purchased .748 acre of land located at 1702, 1708 and 1712 Boulevard in Colonial Heights, VA from Wallace Properties LLC for $950,000. David T. Kalman and Nathan Shor represented the buyer.
Jalaram Chester Hotel, LLC has purchased 15.310 acres of land located at 225 E. Hundred Road and 201 Johnson Creek Drive in Chester, VA from Enon Land Company II, LLC for $765,000. Andrew Thacker represented the buyer.
NMS Colonial Heights Property LLC – Popeyes has purchased .875 acre of land located at 1869 Southpark Boulevard in Colonial Heights. VA from Colonial Heights Land Associated LP for $745,000. Zach Hernandez and Nathan Shor represented the buyer.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

Belk has extended its lease on 45,495 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
Food Lion has exercised its option on 35,008 square feet of retail space at Colley Village Shopping Center in Norfolk, VA. Murray Rosenbach represented the landlord.
PetsMart Inc. has renewed its lease on 26,040 square feet of retail space in Chesterfield Marketplace Shopping Center located at 1276 Carmia Way in Richmond, VA. Zach Hernandez and Nathan Shor represented the landlord.
Dollar Tree Inc. has exercised its option and renewed its lease on 16,229 square feet of retail space in Waterlick Plaza located at 3412 Waterlick Road, Unit 2C in Lynchburg, VA. David T. Kalman and Nathan Shor handled the transaction.
Goodwill has extended its lease on 15,000 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
Brolic Physique has expanded to 8,250 square feet of retail space in 360 West Shopping Center located at 7114 & 7112-B Hull Street Road in North Chesterfield, VA. Andrew Brodie, Thomas Langston and Nathan Shor represented the landlord.
Dollar General has extended its lease on 7,116 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
No Frill Grill has exercised its option on 5,300 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
Aqua Tot’s Swim School has renewed its lease on 4,512 square feet of retail space in Chesterfield Marketplace Shopping Center located at 1205 Carmia Way in Richmond, VA. Zach Hernandez and Nathan Shor represented the landlord.
Winslow & McCurry Law Office has renewed its lease on 3,962 square feet of retail space in Sycamore Square Shopping Center located at 1320-1332 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
LaTerraza Mexican Grill has exercised its option on 3,500 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.
MIG GOV, LLC has extended its lease on 3,113 square feet of flex space located at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
Rico’s has renewed its lease on 2,886 square feet of retail space in Creighton Crossing Shopping Center located at 6102 Brashier Boulevard, Suites D&E in Mechanicsville, VA. Andrew Thacker and Bob Butcher represented the landlord.
Dunkin Donuts has extended its lease on 1,845 square feet of retail space at Washington Square Shopping Center in Grafton, VA. Pierce Jacobson and Murray Rosenbach represented the landlord.
Royal Garden has extended its lease on 1,800 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
Sally’s Beauty Supply has renewed its lease on 1,600 square feet of retail space in Chesterfield Marketplace Shopping Center located at 1381 Carmia Way in Richmond, VA. Zach Hernandez and Nathan Shor represented the landlord.
Olive Oil Taproom has renewed its lease on 1,500 square feet of retail space in The Shoppes at Bellglade located at 11400 W. Huguenot Road, Unit 116 in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
Toro Kitchen Cabinets, LLC has expanded its lease by 1,275 square feet of flex space located at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
H & R Block has extended its lease on 1,200 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
Dreams Barber Shop has extended its lease on 1,200 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
Subway has renewed its lease on 1,200 square feet of retail space in Short Pump Crossing Shopping Center located at 3326 Pump Road in Henrico, VA. Bob Butcher and Andrew Thacker represented the landlord.
H&R Block has extended its lease on 1,200 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
GoMattress has extended its lease on 1,200 square feet of retail space at James York Plaza in Williamsburg, VA. Maggie Spillane represented the landlord.
Joyu Tea & Coffee has exercised its option on 1,100 square feet of retail space at Buckner Retail Shops in Virginia Beach, VA. Chris Hucke represented the landlord.
Sharpen Your Skillz Continuing Education and Salon, LLC has renewed its lease on 1,023 square feet of office space in Courtyard at Providence located in Virginia Beach, VA. Pierce Jacobson represented the landlord.
Marvelous Nails 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.

NORFOLK, VA (April 2023) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $25 million in sales and lease volume on 344,463 square feet and approximately 32 acres for the Norfolk and Richmond Offices:

NEW LEASES:

Top Tier Solar Solutions, LLC has leased 27,488 square feet of flex space on 2.3011 acres located at 5301 E. Princess Anne Road in Norfolk, VA. Austin Glaser represented the landlord.

Village Thrift has leased 11,915 square feet of retail space at Warwick Village Shopping Center in Newport News, VA. Chris Hucke represented the landlord.

Sorella’s Italian has leased 6,256 square feet of retail space at 356 Laskin Road in Virginia Beach, VA. Chris Devine represented the tenant.

KidStrong has leased 3,600 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.

Premium Nail Studio has leased 3,000 square feet of retail space at The Shoppes at Tanglewood, Suite G in Elizabeth City, NC. Chris Devine represented the landlord.

Z’s Tobacco CBD & Vape Inc. has leased 2,850 square feet of retail space in Town & Country Shopping Center located at 1302 Main Street, Suite J in Altavista, VA. Fenton Childers and Nathan Shor represented the landlord.

Parker & Peony Consignment Boutique has leased 2,400 square feet of retail space at James York Plaza in Williamsburg, VA. Maggie Spillane represented the landlord.

SNKRVILLE has leased 1,950 square feet of retail space at 352 Laskin Road in Virginia Beach, VA. Martin Murden represented the tenant.

JRod’s Automotive, LLC has leased 1,800 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.

N & R ALG, LLC has leased 1,789 square feet of retail space at 72 Colony Road in Newport News, VA. Austin Glaser and John Wessling, CCIM represented the landlord.

Zone 7 Photography LLC has leased 1,300 square feet of commercial space located at 110 E. 21st Street in Richmond, VA. Thomas Langston represented the landlord.

The House of Muay Thai International has leased 1,950 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.

Rita’s Italian Ice has ground leased 864 square feet on .367 acre located at 5308 Princess Anne Road in Virginia Beach, VA. Murray Rosenbach and Maggie Spillane represented the landlord and Martin Murden represented the tenant.

Sequoia Psychiatry has leased 460 square feet of retail space at 809 Greenbrier Parkway in Chesapeake, VA. Maggie Spillane represented the tenant.

Prime Interventions LLC has leased 275 square feet of office space at 5250 Challedon Drive, Suite 100H in Virginia Beach, VA. Martin Murden represented the landlord.

The Reactor is Critical has leased 200 square feet of office space at 500 Washington Street, Suites 1 and 8 in Portsmouth, VA. Sam Rapoport and Austin Glaser represented the landlord.

SALE TRANSACTIONS:

B&D Acquisitions LLC has purchased a 29,494 square foot industrial building on 6.6520 acres located at 909 and 913 Professional Place in Chesapeake, VA from Rolling Frito-Lay Sales, L.P. for $5,425,000. Stephanie Sanker, CCIM, SIOR represented the seller.

200 North Water, LLC has purchased a 10,800 square foot office building on .69 acre and 10 boat slips, located at 200 N. Water Street in Elizabeth City, NC from Arkcar Farms. Inc. for $1,350,000. Bill Overman, CCIM, John Wessling, CCIM and Chris Devine handled the transaction.

Carolina Harbor Properties of NC has purchased a 3,304 square foot office building on .504 acre located at 812 Eden Way North in Chesapeake, VA from CKM Properties LLC for $1,175,000. Chris Devine represented the buyer.

Krambias Properties LLC has purchased 9,656 square feet of office/retail space at 1725 Green Street and 20,678 square feet of office/retail space 670 Lincoln Street on 3.8640 acres in Portsmouth, VA from The Runnymede Corporation for $1,150,000. Ben Leon and Sam Rapoport represented the seller.

MDC Coast 12 LLC has purchased .748 acre of land located at 1702, 1708 and 1712 Boulevard in Colonial Heights, VA from Wallace Properties LLC for $950,000. David T. Kalman and Nathan Shor represented the buyer.

Jalaram Chester Hotel, LLC has purchased 15.310 acres of land located at 225 E. Hundred Road and 201 Johnson Creek Drive in Chester, VA from Enon Land Company II, LLC for $765,000. Andrew Thacker represented the buyer.

NMS Colonial Heights Property LLC – Popeyes has purchased .875 acre of land located at 1869 Southpark Boulevard in Colonial Heights. VA from Colonial Heights Land Associated LP for $745,000. Zach Hernandez and Nathan Shor represented the buyer.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

Belk has extended its lease on 45,495 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.

Food Lion has exercised its option on 35,008 square feet of retail space at Colley Village Shopping Center in Norfolk, VA. Murray Rosenbach represented the landlord.

PetsMart Inc. has renewed its lease on 26,040 square feet of retail space in Chesterfield Marketplace Shopping Center located at 1276 Carmia Way in Richmond, VA. Zach Hernandez and Nathan Shor represented the landlord.

Dollar Tree Inc. has exercised its option and renewed its lease on 16,229 square feet of retail space in Waterlick Plaza located at 3412 Waterlick Road, Unit 2C in Lynchburg, VA. David T. Kalman and Nathan Shor handled the transaction.

Goodwill has extended its lease on 15,000 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.

Brolic Physique has expanded to 8,250 square feet of retail space in 360 West Shopping Center located at 7114 & 7112-B Hull Street Road in North Chesterfield, VA. Andrew Brodie, Thomas Langston and Nathan Shor represented the landlord.

Dollar General has extended its lease on 7,116 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.

No Frill Grill has exercised its option on 5,300 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.

Aqua Tot’s Swim School has renewed its lease on 4,512 square feet of retail space in Chesterfield Marketplace Shopping Center located at 1205 Carmia Way in Richmond, VA. Zach Hernandez and Nathan Shor represented the landlord.

Winslow & McCurry Law Office has renewed its lease on 3,962 square feet of retail space in Sycamore Square Shopping Center located at 1320-1332 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.

LaTerraza Mexican Grill has exercised its option on 3,500 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.

MIG GOV, LLC has extended its lease on 3,113 square feet of flex space located at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.

Rico’s has renewed its lease on 2,886 square feet of retail space in Creighton Crossing Shopping Center located at 6102 Brashier Boulevard, Suites D&E in Mechanicsville, VA. Andrew Thacker and Bob Butcher represented the landlord.

Dunkin Donuts has extended its lease on 1,845 square feet of retail space at Washington Square Shopping Center in Grafton, VA. Pierce Jacobson and Murray Rosenbach represented the landlord.

Royal Garden has extended its lease on 1,800 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.

Sally’s Beauty Supply has renewed its lease on 1,600 square feet of retail space in Chesterfield Marketplace Shopping Center located at 1381 Carmia Way in Richmond, VA. Zach Hernandez and Nathan Shor represented the landlord.

Olive Oil Taproom has renewed its lease on 1,500 square feet of retail space in The Shoppes at Bellglade located at 11400 W. Huguenot Road, Unit 116 in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.

Toro Kitchen Cabinets, LLC has expanded its lease by 1,275 square feet of flex space located at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.

H & R Block has extended its lease on 1,200 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.

Dreams Barber Shop has extended its lease on 1,200 square feet of retail space at College Park Square Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.

Subway has renewed its lease on 1,200 square feet of retail space in Short Pump Crossing Shopping Center located at 3326 Pump Road in Henrico, VA. Bob Butcher and Andrew Thacker represented the landlord.

H&R Block has extended its lease on 1,200 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.

GoMattress has extended its lease on 1,200 square feet of retail space at James York Plaza in Williamsburg, VA. Maggie Spillane represented the landlord.

Joyu Tea & Coffee has exercised its option on 1,100 square feet of retail space at Buckner Retail Shops in Virginia Beach, VA. Chris Hucke represented the landlord.

Sharpen Your Skillz Continuing Education and Salon, LLC has renewed its lease on 1,023 square feet of office space in Courtyard at Providence located in Virginia Beach, VA. Pierce Jacobson represented the landlord.

Marvelous Nails 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.

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Zone 7 Photography LLC has leased 1,300 square feet of commercial space located at 110 E. 21^st Street in Richmond, VA. Thomas Langston represented the landlord.