S.L. Nusbaum Realty Co. Announces $28 Million in Completed Transactions for September 2022  


NORFOLK, VA (October 2022) S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $28 million in sales and lease volume on 134,590 square feet and approximately 13acres for the Norfolk and Richmond Offices:

NEW LEASES:

  • Quilter’s Corner has leased 7,700 square feet of retail space in Sycamore Square Shopping Center located at 1245 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
  • Spero Health of VA has leased 3,696 square feet of office space at 312 Fairy Street in Martinsville, VA. Fenton Childers represented the tenant.
  • Vape Stop has leased 3,000 square feet of retail space at 1510 W. Broad Street in Richmond, VA. Carter Wells and Nathan Shor represented the landlord.
  • Geoff McDonald & Associates, PS has leased 2,885 square feet of office space at the Pavilion Center I located at 2101 Parks Avenue in Virginia Beach, VA. Martin Murden and Chris Zarpas represented the landlord.
  • Café Y Salazar has leased 2,789 square feet of retail space in 360 West Shopping Center located at 7102 Hull Street Road, Units A & B, in Chesterfield, VA. Tom Langston, Andrew Brodie and Nathan Shor represented the landlord.
  • Dobbie Ian Braza, The Thank You Gift Shop and Coastalmod, LLC has leased 2,100 square feet of retail space at 113 Laskin Road, Suite 115 in Virginia Beach, VA. Martin Murden represented the landlord.
  • Health Trail has leased 1,540 square feet of retail space in White March Shopping Center located at 4858 George Washington Memorial Highway in Hayes, VA. David T. Kalman represented the landlord.
  • Tara Preston Homes LLC has leased 1,400 square feet of retail space at Edinburgh Commons North 2 Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord. $50,400
  • Iron Grill has leased 1,300 square feet of retail space at Little Creek Marketplace Shopping Center in Norfolk, VA. Chris Hucke represented the landlord.
  • H&R Block has leased 1,230 square feet of retail space at Warwick Village Shopping Center in Newport News, VA. Tyler Jacobson represented the landlord.
  • Hearing Concepts Inc. has leased 1,200 square feet of retail space in Village Marketplace located at 13128 Midlothian Turnpike in Midlothian, VA. Tom Langston represented the tenant.
  • Jersey’s Cards and Comics has leased 1,160 square feet of retail space in White Marsh Shopping Center in Hayes, VA. David T. Kalman represented the landlord.
  • Filtrex has leased 1,160 square feet of office space at 5721 Bayside Road in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
  • The Swirl has leased 630 square feet of retail space at James York Plaza Shopping Center in Williamsburg, VA. Maggie Spillane and Neal Sadler represented the landlord.

SALE TRANSACTIONS:

  • Modern Savage Investments LLC has purchased 4.40 acres of land located at 1469, 1477 and 1489 Virginia Beach Boulevard in Virginia Beach, VA from John S. Waller – Family Limited Partnership for $1,200,000. Chris Devine represented the buyer.
  • N & L Investments, LLC has purchased three industrial buildings totaling 9,942 square feet on 2.007 acres located at 3009 Ballard Avenue in Portsmouth, VA from Daysee, LLC for $950,000. Sam Rapoport represented the buyer.
  • 39th Street Commons, LLC has purchased a 4,469 square foot commercial building located at 840 and 844 West 39th Street in Norfolk, VA from Adams Family Holdings, LLC for $510,000. Michael Myers handled the transaction.
  • Greate Rd, LLC has purchased .488 acre located at the SE corner of intersection of George Washington Memorial Highway and Greate Road West in Gloucester, VA from Susan E. Custalow, Amy Wendling, Lisa C. Boom, and Julie C. Sanchez for $180,000. Ben Leon and Mike Zarpas represented the buyer.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

  • WT Collection has renewed its lease on 7,500 square feet of warehouse space located at 3320 Tait Terrace in Norfolk, VA. Michael Myers represented the landlord.
  • Tag America has renewed its lease on 6,400 square feet of industrial space at 5721 Bayside Road in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
  • Keller Williams Allegiance has extended its lease on 4,500 square feet of retail space at Washington Square Shopping Center in Grafton, VA. Neal Sadler represented the landlord.
  • Commonwealth of Virginia, Virginia Indigent Defense Commission has renewed its lease on 3,976 square feet of office space on .99 acre located at 610 W. Constance Road in Suffolk, VA. Sam Rapoport represented the landlord.
  • The Training House has renewed its lease on 3,500 square feet of retail space in Sycamore Square Shopping Center located at 1257 Sycamore in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
  • Hair Beauty has extended its lease on 2,800 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
  • Healing Lotus has expanded by 1,200 square feet for a total of 2,400 square feet of retail space at James York Plaza Shopping Center in Williamsburg, VA. Maggie Spillane and Neal Sadler represented the landlord.
  • Antonio’s Ristorante has expanded by 630 square feet of retail space for a total of 2,010 square feet at James York Plaza Shopping Center in Williamsburg, VA. Maggie Spillane and Neal Sadler represented the landlord.
  • Weight Watchers has renewed its lease on 2,000 square feet of retail space in The Shoppes at Bellgrade located at 11400 W. Huguenot Road, Unit 108, in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
  • Bubba’s Shrimp Shack has renewed its lease on 1,980 square feet of retail space in White March Shopping Center located at 4858 George Washington Memorial Highway in Hayes, VA. David T. Kalman represented the landlord.
  • GameStop has renewed its lease on 1,600 square feet of retail space at 103 Tanglewood Parkway, Unit B in Elizabeth City, NC. Chris Devine and Tyler Jacobson represented the landlord.
  • The Little Bookshop has renewed its lease on 1,557 square feet of retail space in Sycamore Square Shopping Center located at 1318 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
  • Oscar Salazar has renewed its lease on 1,220 square feet of retail space in 360 West Shopping Center located at 7148 Hull Street Road in Chesterfield, VA. Tom Langston, Andrew Brodie and Nathan Shor represented the landlord.
  • China East Restaurant has renewed its lease on 1,100 square feet of retail space at Buckner Retail Shoppes in Virginia Beach, VA. Chris Hucke represented the landlord.
  • OldSkool Video Games & More has extended its lease on 1,100 square feet of retail space at Suffolk Village Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
  • Spa-Tacular Parties has renewed its lease on 1,036 square feet of retail space in Sycamore Square Shopping Center located at 1256 Sycamore in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
  • Tunic Boutique has renewed its lease on 900 square feet of retail space in Short Pump Crossing Shopping Center located at 3416 Pump Road in Henrico, VA. Bob Butcher and Andrew Thacker represented the landlord.
  • Lovely Cakes has extended its lease on 800 square feet of retail space in College Park Square II in Virginia Beach, VA. Tyler Jacobson represented the landlord.
  • International Marketing Association, Inc. has extended its lease on 0.66 acres of land on Malibu Drive, Virginia Beach. John Litz and Tommy Drew represented the landlord.

 

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