S.L. Nusbaum Realty Co. Announces $31 Million in Completed Transactions for November 2022

NORFOLK, VA (December 2022) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $31 million in sales and lease volume on 131,413 square feet and approximately 8 acres for the Norfolk and Richmond Offices:

NEW LEASES:

Alere Toxicology Services – Products Division has leased 15,000 square feet of industrial space at 1155 Pineridge Road in Norfolk, VA. Paul Peck, Stephanie Sanker, CCIM, SIOR and Sam Rapoport represented the landlord.
Party Hardy LLC has leased 5,660 square feet of retail space in Chesterfield Marketplace Shopping Center located at 1208 Carmia Way in Richmond, VA. Zach Hernandez and Nathan Shor represented the landlord.
Bath & Body Works has leased 3,750 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.
Kaizen Athletics has leased 2,850 square feet of industrial space at 529 Virginia Beach Boulevard in Virginia Beach, VA. Cheyney Cole, CCIM represented the landlord.
Love & Intimacy, 101 LLC has leased 2,200 square feet of office space in 360 West Shopping Center located at 7206 Hull Street Road, Suite 216 in N. Chesterfield, VA. Andrew Brodie, Tom Langston and Nathan Shor represented the landlord.
RVA Pawn Inc. has leased 1,570 square feet of retail space at 2005 Chamberlayne Parkway in Richmond, VA. Tom Langston represented the landlord.

Simply Sourced Health & Wellness has relocated to 1,500 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
American Awards has leased 1,500 square feet of retail space at Millwood Plaza Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord.
Nu Envy U Salontique has leased 1,500 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Murray Rosenbach represented the landlord.
Big Kidz Touring, LLC has leased 1,300 square feet of office space in 360 West Shopping Center located at 7206 Hull Street Road, Suite 109B in N Chesterfield, VA. Andrew Brodie, Tom Langston and Nathan Shor represented the landlord.
Tesseract Rentals, LLC has leased .531 acre located at 5741 Princess Anne Road in Virginia Beach, VA. Pierce Jacobson represented the tenant.

SALE TRANSACTIONS:

Stein Investment Co. LLC has purchased 6 acres of land located at 64200 Mechanicsville Turnpike in Mechanicsville, VA from Hanover Evangelical Friends Church for $1,500,000. Elliot Warsof and Matthew Nusbaum represented the buyer.
816 South Rosemont, LLC has purchased a 2,712 square foot office building on .258 acre located at 816 S. Rosemont Road in Virginia Beach, VA from MASP, LLC for $525,000. Ashley Bussey and Austin Glaser represented the seller.
BLW Plus, LLC has purchased a 4,366 square foot religious facility on 1.395 acres located at 1485 Johnstons Road in Norfolk, VA from The Presbytery of Eastern Virginia Inc. for $500,000. Ben Leon represented the seller.
One Parkwood, LLC has purchased an 1,800 square foot retail property on .339 acre located at 2510 N. Lombardy Street in Richmond, VA from MAQ Property, LLC for $495,000. Tom Langston and Elliot Warsof represented the buyer.
WEDG Acquisitions, LLC has purchased .517 acre located at 1130 Armory Drive in Franklin, VA from Aladdin, Inc. for $220,000. Ben Leon and Mike Zarpas represented the buyer.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

Sumo Japanese Steak House has extended its lease on 6,818 square feet of retail space at Town Center Station Shopping Center in Virginia Beach, VA. Martin Murden and Murray Rosenbach represented the landlord.
Kitchen Barn has extended its lease on 3,606 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
Virginia ABC has exercised its option on 3,500 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
Axsom Martial Arts has extended its lease on 3,000 square feet of retail space at Warwick Village Shopping Center in Newport News, VA. Chris Hucke represented the landlord.
Herndon Law PC has renewed its lease on 2,017 square feet of office space at 4121 Cox Road, Suite 107 in Glen Allen, VA. Zach Hernandez and Austin Newman, SIOR represented the tenant.
Starbucks has extended its lease on 1,846 square feet of retail space at K&K Square Shopping Center in Norfolk, VA. Maggie Spillane represented the landlord.
Mihnee USA Cleaners has renewed its lease on 1,160 square feet of retail space in White Marsh Shopping Center located at 4840 George Washington Memorial Highway in Hayes, VA. David T. Kalman represented the landlord.
Edible Arrangements has extended its lease on 1,500 square feet of retail space at Marketplace Shoppes in Williamsburg, VA. Tyler Jacobson represented the landlord.
ATL Deli has extended its lease on 1,200 square feet of retail space at Holland Windsor Crossing Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
Smithfield Square Tobacco and Vape has extended its lease on 1,120 square feet of retail space at Smithfield Square Shopping Center in Smithfield, VA. Chris Hucke represented the landlord.
Paden Cold Storage has expanded by an additional 100 pallets of freezer space at 5400 Virginia Beach Boulevard in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and Pierce Jacobson represented the landlord.

S.L. Nusbaum Realty Co. Announces $31 Million in Completed Transactions for November 2022

NORFOLK, VA (December 2022) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $31 million in sales and lease volume on 131,413 square feet and approximately 8 acres for the Norfolk and Richmond Offices:

NEW LEASES:

Alere Toxicology Services – Products Division has leased 15,000 square feet of industrial space at 1155 Pineridge Road in Norfolk, VA. Paul Peck, Stephanie Sanker, CCIM, SIOR and Sam Rapoport represented the landlord.

Party Hardy LLC has leased 5,660 square feet of retail space in Chesterfield Marketplace Shopping Center located at 1208 Carmia Way in Richmond, VA. Zach Hernandez and Nathan Shor represented the landlord.

Bath & Body Works has leased 3,750 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.

Kaizen Athletics has leased 2,850 square feet of industrial space at 529 Virginia Beach Boulevard in Virginia Beach, VA. Cheyney Cole, CCIM represented the landlord.

Love & Intimacy, 101 LLC has leased 2,200 square feet of office space in 360 West Shopping Center located at 7206 Hull Street Road, Suite 216 in N. Chesterfield, VA. Andrew Brodie, Tom Langston and Nathan Shor represented the landlord.

RVA Pawn Inc. has leased 1,570 square feet of retail space at 2005 Chamberlayne Parkway in Richmond, VA. Tom Langston represented the landlord.

Simply Sourced Health & Wellness has relocated to 1,500 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.

American Awards has leased 1,500 square feet of retail space at Millwood Plaza Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord.

Nu Envy U Salontique has leased 1,500 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Murray Rosenbach represented the landlord.

Big Kidz Touring, LLC has leased 1,300 square feet of office space in 360 West Shopping Center located at 7206 Hull Street Road, Suite 109B in N Chesterfield, VA. Andrew Brodie, Tom Langston and Nathan Shor represented the landlord.

Tesseract Rentals, LLC has leased .531 acre located at 5741 Princess Anne Road in Virginia Beach, VA. Pierce Jacobson represented the tenant.

SALE TRANSACTIONS:

Stein Investment Co. LLC has purchased 6 acres of land located at 64200 Mechanicsville Turnpike in Mechanicsville, VA from Hanover Evangelical Friends Church for $1,500,000. Elliot Warsof and Matthew Nusbaum represented the buyer.

816 South Rosemont, LLC has purchased a 2,712 square foot office building on .258 acre located at 816 S. Rosemont Road in Virginia Beach, VA from MASP, LLC for $525,000. Ashley Bussey and Austin Glaser represented the seller.

BLW Plus, LLC has purchased a 4,366 square foot religious facility on 1.395 acres located at 1485 Johnstons Road in Norfolk, VA from The Presbytery of Eastern Virginia Inc. for $500,000. Ben Leon represented the seller.

One Parkwood, LLC has purchased an 1,800 square foot retail property on .339 acre located at 2510 N. Lombardy Street in Richmond, VA from MAQ Property, LLC for $495,000. Tom Langston and Elliot Warsof represented the buyer.

WEDG Acquisitions, LLC has purchased .517 acre located at 1130 Armory Drive in Franklin, VA from Aladdin, Inc. for $220,000. Ben Leon and Mike Zarpas represented the buyer.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

Sumo Japanese Steak House has extended its lease on 6,818 square feet of retail space at Town Center Station Shopping Center in Virginia Beach, VA. Martin Murden and Murray Rosenbach represented the landlord.

Kitchen Barn has extended its lease on 3,606 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.

Virginia ABC has exercised its option on 3,500 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.

Axsom Martial Arts has extended its lease on 3,000 square feet of retail space at Warwick Village Shopping Center in Newport News, VA. Chris Hucke represented the landlord.

Herndon Law PC has renewed its lease on 2,017 square feet of office space at 4121 Cox Road, Suite 107 in Glen Allen, VA. Zach Hernandez and Austin Newman, SIOR represented the tenant.

Starbucks has extended its lease on 1,846 square feet of retail space at K&K Square Shopping Center in Norfolk, VA. Maggie Spillane represented the landlord.

Mihnee USA Cleaners has renewed its lease on 1,160 square feet of retail space in White Marsh Shopping Center located at 4840 George Washington Memorial Highway in Hayes, VA. David T. Kalman represented the landlord.

Edible Arrangements has extended its lease on 1,500 square feet of retail space at Marketplace Shoppes in Williamsburg, VA. Tyler Jacobson represented the landlord.

ATL Deli has extended its lease on 1,200 square feet of retail space at Holland Windsor Crossing Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.

Smithfield Square Tobacco and Vape has extended its lease on 1,120 square feet of retail space at Smithfield Square Shopping Center in Smithfield, VA. Chris Hucke represented the landlord.

Paden Cold Storage has expanded by an additional 100 pallets of freezer space at 5400 Virginia Beach Boulevard in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR and Pierce Jacobson represented the landlord.

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