S.L. Nusbaum Realty Co. Announces $35 Million in Completed Transactions for August 2024

NORFOLK, VA (September 2024) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $35 million in sales and lease volume on 135,139 square feet and approximately 35 acres for the Norfolk and Richmond Offices:

NEW LEASES:

PBMares, LLP has leased 10,253 square feet of office space at Wells Fargo Center in Norfolk, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
Western Tidewater Community Services Board has leased 7,000 square feet of retail space at Smithfield Square Shopping Center in Smithfield, VA. Chris Hucke represented the landlord.
Neighborhood Boutique has leased 6,031 square feet of retail space at Waterlick Plaza Shopping Center located at 3412 Waterlick Road in Lynchburg, VA. Nathan Shor and David T. Kalman represented the landlord.
The Wash House has leased 4,270 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Murray Rosenbach represented the landlord and Chris Hucke represented the tenant.
Araceli Lagunes has leased 3,600 square feet of retail space on 2.60 acres located at 2807 Hicks Road in Richmond, VA. Andrew Thacker and Douglas O. Tice, III, CCIM represented the landlord.
Hampton Roads Health and Wellness Care, LLC has leased 3,092 square feet of office space at the Amelia Building located at 885 Kempsville Road, Suite 224 in Norfolk, VA. Michael Good and Chris Devine represented the tenant.
Design Kitchen & Bath has leased 2,400 square feet of retail space at Short Pump Crossing Shopping Center located at 3430 Pump Road in Henrico, VA. Andrew Thacker and Bob Butcher represented the landlord.
Care Access Research, LLC has leased 2,345 square feet of office space at the Hague Medical Building located at 400 Brambleton Ave., Suite 201 in Norfolk, VA. Michael Good, Chris Devine and Chris Zarpas represented the landlord.
America’s Best Wings, Gyro, & Pizza has leased 1,615 square feet of retail space at Greenbrier Village Shopping Center in Chesapeake, VA. Lindsay Bangel represented the landlord.
The V Lady, LLC has leased 1,036 square feet of retail space at Sycamore Square Shopping Center located at 1256 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
Cottage Lane has leased 1,000 square feet of retail space at Gayton Crossing Shopping Center located at 1326 Gayton Road in Richmond, VA. Adam Shor, Andrew Thacker, Bob Butcher and Nathan Shor represented the landlord.
Omni Financial of Nevada, Inc has leased 1,000 square feet of office space at Turnberry Crossing located at 12638 Jefferson Avenue, Suite 24 in Newport News, VA. Michael Good represented the tenant.
Clippers Barbershop LLC has leased 880 square feet of retail space at Springdale Plaza located at 4091 Concord Creek Place in Richmond, VA. Sarah Sadler, Andrew Thacker and Nathan Shor represented the landlord.
Hair 4 Season has leased 700 square feet of retail space at Sliding Hill Corner located at 10393 E. Sliding Hill Road in Ashland, VA. Andrew Thacker and Bob Butcher represented the landlord.
Wilson Construction has ground leased .11 acre of land located at 1194 Bells Road in Virginia Beach, VA. Martin Murden represented the landlord.

SALE TRANSACTIONS:

William Mickle, Jr. has purchased a 14,560 square foot Walgreens on 1.30 acre of land Located at 10697 Ulmerton Road in Largo, FL from Swanlargo, LLC. for $5,500,000. Doug Aronson represented the seller.
Virginia Electric and Power Company has purchased 13.83 acres of land located at 1585 Dam Neck Road in Virginia Beach, VA from USA Entertainment, L.C.. for $4,250,000. Chris Devine represented the seller.
Storyland Properties, LLC has purchased a 3,670 square foot Wendy’s on 1.05 acre of land located at 2801 Virginia Avenue in Collinsville, VA from Nile Street, LLC. for $2,850,000. Doug Aronson and Douglas O. Tice, III, CCIM represented the buyer.
Storyland Properties, LLC has purchased a 1,500 square foot Take 5 Oil located at 1309 N. Brightleaf Boulevard in Smithfield, NC from Smithfield Take Five, LLC. for $1,891,000. Doug Aronson, Douglas O. Tice, III, CCIM, Carter Wells facilitated the transaction.
Troutville Dev LLC has purchased .85 acre of land space at 2673 Lee Highway in Troutville, VA from Arista Troutville. for $1,700,000. Larry Agnew and Nathan Shor facilitated the transaction.
B&B Property Investment LLC has purchased a 2,312 square foot retail property on .05 acre of land located at 7 N. 17th Street in Richmond, VA from 7 N 17th St LLC. for $770,000. Sarah Sadler, Austin Newman, SIOR, Andrew Brodie and Andrew Thacker facilitated the transaction.
Robert Grahm, Trustee of the Robert Grahm Trust Dated 6/5/98 and Robert Grahm, Trustee of the Robert Grahm Exempt Trust has purchased a 3,880 square foot commercial property on 0.91 acre of land located at 201 Chowan Drive in Portsmouth, VA from MNR, LLC. for $690,000. Ben Leon represented the seller.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

Dolgen, LLC has renewed its lease on 8,000 square feet of retail space at 360 West Shopping Center locate at 7218 Hull Street Road in North Chesterfield, VA. Andrew Brodie and Nathan Shor represented the landlord.
Beach Fitness and Performance has extended its lease on 6,000 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
Burn Boot Camp has renewed its lease on 5,000 square feet of retail space at Chesterfield Marketplace located at 1208 Carmia Way in Richmond, VA. Adam Shor and Nathan Shor represented the landlord.
North Suffolk Family Medicine has extended its lease on 3,800 square feet of retail space at Creekside Village Shopping Center in Suffolk, VA. Pierce Jacobson represented the landlord.
El Caporal has renewed its lease on 3,125 square feet of retail space at Chesterfield Meadows located at 6511 Centralia Road in Chesterfield, VA. Bob Butcher and Andrew Thacker represented the landlord.
Truist Bank has renewed its lease on 3,000 square feet of office space at Sycamore Square Shopping Center located at 1348 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.
ABC Store has renewed its lease on 2,500 square feet of retail space at Virginia Center Marketplace located at 10106 Brook Road in Glen Allen, VA. Bob Butcher and Andrew Thacker represented the landlord.
Vape Guys has renewed its lease on 2,400 square feet of retail space at Short Pump Crossing Shopping Center located at 3428 Pump Road in Henrico, VA. Andrew Thacker and Bob Butcher represented the landlord.
Luxury Day Spa has renewed its lease on 2,387 square feet of retail space at Volvo Parkway Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord.
Wolfpack Pet Supply has exercised its option on 1,995 square feet of retail space at Great Neck Village Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
Sports Clips has exercised its option on 1,625 square feet of retail space at Raceway Market Shoppes in Indianapolis, IN. Andrew Nusbaum and Matt Nusbaum represented the landlord.
Bobbi & Helen School of Dance has renewed its lease on 1,500 square feet of retail space at Kempsville Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.
Frances Wig & Hair has renewed its lease on 1,250 square feet of retail space at Regency Hilltop Shopping Center in Virginia Beach, VA. Pierce Jacobson represented the landlord.
Boost Mobile has renewed its lease on 1,200 square feet of retail space at James York Plaza Shopping Center in Williamsburg, VA. Lindsay Bangel and Maggie Spillane represented the landlord.
Sweet Beans has expanded its original lease by 1,200 square feet of retail space at Wythe Creek Shoppes Shopping Center in Hampton, VA. Pierce Jacobson represented the landlord.
Glow Apothecary has extended its lease on 1,020 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
Modern Electrical has renewed its lease on 1,006 square feet of office space at Sycamore Square Shopping Center located at 1260 Sycamore Square in Midlothian, VA. Andrew Thacker and Bob Butcher represented the landlord.
Lovely Cakes has extended its lease on 800 square feet of retail space at College Park Square II Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.

NORFOLK, VA (September 2024) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $35 million in sales and lease volume on 135,139 square feet and approximately 35 acres for the Norfolk and Richmond Offices:

NEW LEASES:

PBMares, LLP has leased 10,253 square feet of office space at Wells Fargo Center in Norfolk, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.

Western Tidewater Community Services Board has leased 7,000 square feet of retail space at Smithfield Square Shopping Center in Smithfield, VA. Chris Hucke represented the landlord.

Neighborhood Boutique has leased 6,031 square feet of retail space at Waterlick Plaza Shopping Center located at 3412 Waterlick Road in Lynchburg, VA. Nathan Shor and David T. Kalman represented the landlord.

The Wash House has leased 4,270 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Murray Rosenbach represented the landlord and Chris Hucke represented the tenant.

Araceli Lagunes has leased 3,600 square feet of retail space on 2.60 acres located at 2807 Hicks Road in Richmond, VA. Andrew Thacker and Douglas O. Tice, III, CCIM represented the landlord.

Hampton Roads Health and Wellness Care, LLC has leased 3,092 square feet of office space at the Amelia Building located at 885 Kempsville Road, Suite 224 in Norfolk, VA. Michael Good and Chris Devine represented the tenant.

Design Kitchen & Bath has leased 2,400 square feet of retail space at Short Pump Crossing Shopping Center located at 3430 Pump Road in Henrico, VA. Andrew Thacker and Bob Butcher represented the landlord.

Care Access Research, LLC has leased 2,345 square feet of office space at the Hague Medical Building located at 400 Brambleton Ave., Suite 201 in Norfolk, VA. Michael Good, Chris Devine and Chris Zarpas represented the landlord.

America’s Best Wings, Gyro, & Pizza has leased 1,615 square feet of retail space at Greenbrier Village Shopping Center in Chesapeake, VA. Lindsay Bangel represented the landlord.

The V Lady, LLC has leased 1,036 square feet of retail space at Sycamore Square Shopping Center located at 1256 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.

Cottage Lane has leased 1,000 square feet of retail space at Gayton Crossing Shopping Center located at 1326 Gayton Road in Richmond, VA. Adam Shor, Andrew Thacker, Bob Butcher and Nathan Shor represented the landlord.

Omni Financial of Nevada, Inc has leased 1,000 square feet of office space at Turnberry Crossing located at 12638 Jefferson Avenue, Suite 24 in Newport News, VA. Michael Good represented the tenant.

Clippers Barbershop LLC has leased 880 square feet of retail space at Springdale Plaza located at 4091 Concord Creek Place in Richmond, VA. Sarah Sadler, Andrew Thacker and Nathan Shor represented the landlord.

Hair 4 Season has leased 700 square feet of retail space at Sliding Hill Corner located at 10393 E. Sliding Hill Road in Ashland, VA. Andrew Thacker and Bob Butcher represented the landlord.

Wilson Construction has ground leased .11 acre of land located at 1194 Bells Road in Virginia Beach, VA. Martin Murden represented the landlord.

SALE TRANSACTIONS:

William Mickle, Jr. has purchased a 14,560 square foot Walgreens on 1.30 acre of land Located at 10697 Ulmerton Road in Largo, FL from Swanlargo, LLC. for $5,500,000. Doug Aronson represented the seller.

Virginia Electric and Power Company has purchased 13.83 acres of land located at 1585 Dam Neck Road in Virginia Beach, VA from USA Entertainment, L.C.. for $4,250,000. Chris Devine represented the seller.

Storyland Properties, LLC has purchased a 3,670 square foot Wendy’s on 1.05 acre of land located at 2801 Virginia Avenue in Collinsville, VA from Nile Street, LLC. for $2,850,000. Doug Aronson and Douglas O. Tice, III, CCIM represented the buyer.

Storyland Properties, LLC has purchased a 1,500 square foot Take 5 Oil located at 1309 N. Brightleaf Boulevard in Smithfield, NC from Smithfield Take Five, LLC. for $1,891,000. Doug Aronson, Douglas O. Tice, III, CCIM, Carter Wells facilitated the transaction.

Troutville Dev LLC has purchased .85 acre of land space at 2673 Lee Highway in Troutville, VA from Arista Troutville. for $1,700,000. Larry Agnew and Nathan Shor facilitated the transaction.

B&B Property Investment LLC has purchased a 2,312 square foot retail property on .05 acre of land located at 7 N. 17th Street in Richmond, VA from 7 N 17th St LLC. for $770,000. Sarah Sadler, Austin Newman, SIOR, Andrew Brodie and Andrew Thacker facilitated the transaction.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

Dolgen, LLC has renewed its lease on 8,000 square feet of retail space at 360 West Shopping Center locate at 7218 Hull Street Road in North Chesterfield, VA. Andrew Brodie and Nathan Shor represented the landlord.

Beach Fitness and Performance has extended its lease on 6,000 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.

Burn Boot Camp has renewed its lease on 5,000 square feet of retail space at Chesterfield Marketplace located at 1208 Carmia Way in Richmond, VA. Adam Shor and Nathan Shor represented the landlord.

North Suffolk Family Medicine has extended its lease on 3,800 square feet of retail space at Creekside Village Shopping Center in Suffolk, VA. Pierce Jacobson represented the landlord.

El Caporal has renewed its lease on 3,125 square feet of retail space at Chesterfield Meadows located at 6511 Centralia Road in Chesterfield, VA. Bob Butcher and Andrew Thacker represented the landlord.

Truist Bank has renewed its lease on 3,000 square feet of office space at Sycamore Square Shopping Center located at 1348 Sycamore Square in Midlothian, VA. Bob Butcher and Andrew Thacker represented the landlord.

ABC Store has renewed its lease on 2,500 square feet of retail space at Virginia Center Marketplace located at 10106 Brook Road in Glen Allen, VA. Bob Butcher and Andrew Thacker represented the landlord.

Vape Guys has renewed its lease on 2,400 square feet of retail space at Short Pump Crossing Shopping Center located at 3428 Pump Road in Henrico, VA. Andrew Thacker and Bob Butcher represented the landlord.

Luxury Day Spa has renewed its lease on 2,387 square feet of retail space at Volvo Parkway Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord.

Wolfpack Pet Supply has exercised its option on 1,995 square feet of retail space at Great Neck Village Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.

Sports Clips has exercised its option on 1,625 square feet of retail space at Raceway Market Shoppes in Indianapolis, IN. Andrew Nusbaum and Matt Nusbaum represented the landlord.

Bobbi & Helen School of Dance has renewed its lease on 1,500 square feet of retail space at Kempsville Plaza Shopping Center in Virginia Beach, VA. Maggie Spillane represented the landlord.

Frances Wig & Hair has renewed its lease on 1,250 square feet of retail space at Regency Hilltop Shopping Center in Virginia Beach, VA. Pierce Jacobson represented the landlord.

Boost Mobile has renewed its lease on 1,200 square feet of retail space at James York Plaza Shopping Center in Williamsburg, VA. Lindsay Bangel and Maggie Spillane represented the landlord.

Sweet Beans has expanded its original lease by 1,200 square feet of retail space at Wythe Creek Shoppes Shopping Center in Hampton, VA. Pierce Jacobson represented the landlord.

Glow Apothecary has extended its lease on 1,020 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.

Modern Electrical has renewed its lease on 1,006 square feet of office space at Sycamore Square Shopping Center located at 1260 Sycamore Square in Midlothian, VA. Andrew Thacker and Bob Butcher represented the landlord.

Lovely Cakes has extended its lease on 800 square feet of retail space at College Park Square II Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.

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