S.L. Nusbaum Realty Co. Announces $45 Million in Completed Transactions for November 2024

NORFOLK, VA (December 2024) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $45 million in sales and lease volume on 371,258 square feet and approximately 27 acres for the Norfolk and Richmond Offices:

NEW LEASES:

Winsupply Virginia Beach Va Co. has leased 23,400 square feet of industrial space at 5469 Greenwich Road, Suite D in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR represented the tenant.
Octapharma Plasma Inc. has leased 11,323 square feet of retail space at Walnut Hill Plaza Shopping Center located at 2001 S. Crater Road, Suite 16 in Petersburg, VA. David T. Kalman represented the landlord.
Little Light House Care Buckroe, LLC has leased 9,214 square feet of retail space on 3.04 acres located at 1781 Old Buckroe Road in Hampton, VA. Martin Murden and Michael Good represented the landlord.
Stanley’s Home Furnishings, Inc. has leased 7,600 square feet of industrial space at 2424 Alabama Avenue in Norfolk, VA. Austin Glaser represented the tenant.
Elite Laundry Services, Inc. has leased 3,900 square feet of industrial space at Arrowhead Commerce Center in Virginia Beach, VA. Pierce Jacobson and Stephanie Sanker, CCIM, SIOR represented the landlord.
AES has leased 3,542 square feet of office space at 816 Greenbrier Circle in Chesapeake, VA. Martin Murden and Chris Zarpas represented the tenant.
Glom Initiatives Inc. has leased 2,782 square feet of office space at 251 Granby Street in Norfolk, VA. Pierce Jacobson and Ben Leon represented the landlord.
America’s Best Wings, Gyro & Pizza, LLC has leased 1,904 square feet of retail space at 26 W. Mercury Boulevard in Hampton, VA. Martin Murden represented the tenant.
Gameday Men’s Health has leased 1,502 square feet of office space at 4001 Coliseum Drive in Hampton, VA. John M. Profilet, SIOR and Michael Good represented the landlord.
Comfort Feet has leased 1,480 square feet of retail space at Greenbrier Village Shopping Center in Chesapeake, VA. Lindsay Bangel represented the landlord.
Bloom and Blossom Counseling Services LLC has leased 1,266 square feet of office space at Peninsula Town Center located at 4410 E. Claiborne Square in Hampton, VA. Martin Murden and Sam Rapoport represented the landlord.
Canopy Boba Inc. has leased 1,200 square feet of retail space at Short Pump Crossing Shopping Center located at 3326 Pump Road in Henrico, VA. Bob Butcher and Andrew Thacker represented the landlord.
ZaZa Smoke & Vape has leased 1,000 square feet of retail space at Granite Hill Station Shopping Center located at 6837 Forest Hill Avenue in Richmond, VA. Reid Cardon represented the tenant.
Superior Salon has leased 900 square feet of retail space at WindsorMeade Outparcel Shoppes in Williamsburg, VA. Tyler Jacobson represented the landlord.
Archie Angels, LLC has leased 140 square feet of office space at 355 Crawford Street in Portsmouth, VA. John M. Profilet, SIOR represented the landlord and Michael Good represented the tenant.

SALE TRANSACTIONS:

Economic Development Authority of the City of Newport News, VA has purchased Warwick Plaza Shopping Center, a 75,400 square foot retail center on 7.46 acres located at 11006 Warwick Boulevard in Newport News, VA from Warwick Plaza Shopping Center, LLP for $6,500,000. Doug Aronson represented the seller.
Fournell Ferrall, LLC has purchased a 27,520 square foot industrial building on 0.98 acre located at 909 W. 25th Street in Norfolk, VA from KLS Associates Limited Partnership, LLP for $2,200,000. Austin Glaser and Martin Murden represented the seller.
Buxton Associates Limited Partnership has purchased a 6.15-acre retail parcel located at 1200 N. Military Highway in Norfolk, VA from National Development LLC. for $2,125,000. Doug Aronson represented the seller.
1155 Pineridge, LLC has purchased a 4,500 square foot Wells Fargo building on 1.60 acre located at 1280 N. Military Highway in Norfolk, VA from National Development LLC for $1,750,000. Doug Aronson represented the seller.
Shikar Realty LLC has purchased a 4,560 square foot Applebee’s on 1.22 acre located at 701 SE Melody Lane in Lee’s Summit, MO from 701 Melody Lane Owner LLC for $1,597,333.33. Doug Aronson and Carter Wells represented the seller.
Prime Estates, LLC has purchased a 15,800 square foot industrial property on 6 acres located at 23328 Business Centre Court in Ruther Glen, VA from TJH Investments, LLC for $1,000,000. Stephanie Sanker, CCIM, SIOR represented the buyer.
One Parkwood LLC has purchased a 4,376 square foot commercial building on 0.47 acre located at 2530, 2532, 2534, 2536 N. Lombardy Street in Richmond, VA from The Third J-M-J Corporation for $615,000. Elliot Warsof represented the buyer and Nathan Shor represented the seller.
Brighton Gardens, LLC has purchased a 2,112 square foot office property on 0.15 acre located 1407 Stephanie Way, Unit H, in Chesapeake, VA from Adoptions From the Heart, Inc. for $380,000. Sam Rapoport represented the buyer.
Pitchkettle Prime, LLC has purchased a 3,368 square foot retail property located at 147 and 149 N. Main Street in Suffolk, VA from 139 North Main Street, LLC for $250,000. Sam Rapoport and Ben Leon represented the seller.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

Willcox & Savage, P.C. has extended its lease on 42,290 square feet of office space at the Wells Fargo Center located at 440 Monticello Avenue in Norfolk, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
Food Lion has extended its lease on 33,234 square feet of retail space at College Park Square I Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.
Pariser Dermatology Specialists, Ltd. has extended its lease on 31,591 square feet of office space at 6160 Kempsville Circle in Norfolk, VA. John M. Profilet, SIOR represented the tenant.
The Fresh Market has exercised its option on 20,914 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson and Maggie Spillane represented the landlord.
Werres Corporation has extended 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.
Rent-A-Center has renewed its lease on 4,651 square feet of retail space at James York Plaza Shopping Center in Williamsburg, VA. Lindsay Bangel represented the landlord.
Anytime Fitness has exercised its option on 4,410 square feet of retail space at Washington Square Shopping Center in Grafton, VA. Pierce Jacobson represented the landlord.
Families First of Virginia, Inc. has extended its lease on 4,187 square feet of office space at 4701 Columbus Street in Virginia Beach, VA. John M. Profilet, SIOR represented the landlord.
Vinyl Daze Records has extended its lease on 2,844 square feet of retail space at Linkhorn Shoppes in Virginia Beach, VA. Pierce Jacobson represented the landlord.
LePosh Hair and Nail Studio has renewed its lease on 2,000 square feet of retail space at Huguenot Village Shopping Center located at 11535 Robious Road in N. Chesterfield, VA. Bob Butcher and Andrew Thacker represented the landlord.
Gourmet Gang has exercised its option on 1,925 square feet of retail space at Volvo Parkway Shopping Center in Chesapeake, VA. Murray Rosenbach represented the landlord.
Taiwan Spa has renewed its lease on 1,600 square feet of retail space at 11567 W. Broad Street in Glen Allen, VA. Andrew Thacker and Bob Butcher represented the landlord.
American Awards has exercised its option of 1,500 square feet of retail space at Millwood Plaza Shopping Center in Chesapeake, VA. Lindsay Bangel represented the landlord.
City Wide has expanded its original lease by 1,500 square feet of office space at 1583 Standing Ridge Drive, Suite D in Powhatan, VA. Andrew Thacker represented the landlord.
T-Mobile has extended its lease on 1,500 square feet of retail space at Marketplace Shoppes Phase IV in Williamsburg, VA. Tyler Jacobson represented the landlord.
Primo Pizza has renewed its lease on 1,400 square feet of retail space at Creighton Crossing Shopping Center located at 6102 Brashier Boulevard in Mechanicsville, VA. Andrew Thacker and Bob Butcher represented the landlord.
Sonia African Hair Braiding has extended its lease on 1,100 square feet of retail space at College Park Square II Shopping Center in Virginia Beach, VA. Chris Hucke 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.
Swan Cleaners has extended its lease on 990 square feet of retail space at Quarterpath Crossing Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.
Swan Cleaners has renewed its lease on 750 square feet of retail space at Chesterfield Meadows Shopping Center located at 6517 Centralia Road, in Chesterfield, VA. Andrew Thacker and Bob Butcher 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.

NORFOLK, VA (December 2024) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $45 million in sales and lease volume on 371,258 square feet and approximately 27 acres for the Norfolk and Richmond Offices:

NEW LEASES:

Winsupply Virginia Beach Va Co. has leased 23,400 square feet of industrial space at 5469 Greenwich Road, Suite D in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR represented the tenant.

Octapharma Plasma Inc. has leased 11,323 square feet of retail space at Walnut Hill Plaza Shopping Center located at 2001 S. Crater Road, Suite 16 in Petersburg, VA. David T. Kalman represented the landlord.

Little Light House Care Buckroe, LLC has leased 9,214 square feet of retail space on 3.04 acres located at 1781 Old Buckroe Road in Hampton, VA. Martin Murden and Michael Good represented the landlord.

Stanley’s Home Furnishings, Inc. has leased 7,600 square feet of industrial space at 2424 Alabama Avenue in Norfolk, VA. Austin Glaser represented the tenant.

Elite Laundry Services, Inc. has leased 3,900 square feet of industrial space at Arrowhead Commerce Center in Virginia Beach, VA. Pierce Jacobson and Stephanie Sanker, CCIM, SIOR represented the landlord.

AES has leased 3,542 square feet of office space at 816 Greenbrier Circle in Chesapeake, VA. Martin Murden and Chris Zarpas represented the tenant.

Glom Initiatives Inc. has leased 2,782 square feet of office space at 251 Granby Street in Norfolk, VA. Pierce Jacobson and Ben Leon represented the landlord.

America’s Best Wings, Gyro & Pizza, LLC has leased 1,904 square feet of retail space at 26 W. Mercury Boulevard in Hampton, VA. Martin Murden represented the tenant.

Gameday Men’s Health has leased 1,502 square feet of office space at 4001 Coliseum Drive in Hampton, VA. John M. Profilet, SIOR and Michael Good represented the landlord.

Comfort Feet has leased 1,480 square feet of retail space at Greenbrier Village Shopping Center in Chesapeake, VA. Lindsay Bangel represented the landlord.

Bloom and Blossom Counseling Services LLC has leased 1,266 square feet of office space at Peninsula Town Center located at 4410 E. Claiborne Square in Hampton, VA. Martin Murden and Sam Rapoport represented the landlord.

Canopy Boba Inc. has leased 1,200 square feet of retail space at Short Pump Crossing Shopping Center located at 3326 Pump Road in Henrico, VA. Bob Butcher and Andrew Thacker represented the landlord.

ZaZa Smoke & Vape has leased 1,000 square feet of retail space at Granite Hill Station Shopping Center located at 6837 Forest Hill Avenue in Richmond, VA. Reid Cardon represented the tenant.

Superior Salon has leased 900 square feet of retail space at WindsorMeade Outparcel Shoppes in Williamsburg, VA. Tyler Jacobson represented the landlord.

Archie Angels, LLC has leased 140 square feet of office space at 355 Crawford Street in Portsmouth, VA. John M. Profilet, SIOR represented the landlord and Michael Good represented the tenant.

SALE TRANSACTIONS:

Fournell Ferrall, LLC has purchased a 27,520 square foot industrial building on 0.98 acre located at 909 W. 25th Street in Norfolk, VA from KLS Associates Limited Partnership, LLP for $2,200,000. Austin Glaser and Martin Murden represented the seller.

Buxton Associates Limited Partnership has purchased a 6.15-acre retail parcel located at 1200 N. Military Highway in Norfolk, VA from National Development LLC. for $2,125,000. Doug Aronson represented the seller.

1155 Pineridge, LLC has purchased a 4,500 square foot Wells Fargo building on 1.60 acre located at 1280 N. Military Highway in Norfolk, VA from National Development LLC for $1,750,000. Doug Aronson represented the seller.

Shikar Realty LLC has purchased a 4,560 square foot Applebee’s on 1.22 acre located at 701 SE Melody Lane in Lee’s Summit, MO from 701 Melody Lane Owner LLC for $1,597,333.33. Doug Aronson and Carter Wells represented the seller.

Prime Estates, LLC has purchased a 15,800 square foot industrial property on 6 acres located at 23328 Business Centre Court in Ruther Glen, VA from TJH Investments, LLC for $1,000,000. Stephanie Sanker, CCIM, SIOR represented the buyer.

One Parkwood LLC has purchased a 4,376 square foot commercial building on 0.47 acre located at 2530, 2532, 2534, 2536 N. Lombardy Street in Richmond, VA from The Third J-M-J Corporation for $615,000. Elliot Warsof represented the buyer and Nathan Shor represented the seller.

Brighton Gardens, LLC has purchased a 2,112 square foot office property on 0.15 acre located 1407 Stephanie Way, Unit H, in Chesapeake, VA from Adoptions From the Heart, Inc. for $380,000. Sam Rapoport represented the buyer.

Pitchkettle Prime, LLC has purchased a 3,368 square foot retail property located at 147 and 149 N. Main Street in Suffolk, VA from 139 North Main Street, LLC for $250,000. Sam Rapoport and Ben Leon represented the seller.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

Willcox & Savage, P.C. has extended its lease on 42,290 square feet of office space at the Wells Fargo Center located at 440 Monticello Avenue in Norfolk, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.

Food Lion has extended its lease on 33,234 square feet of retail space at College Park Square I Shopping Center in Virginia Beach, VA. Chris Hucke represented the landlord.

Pariser Dermatology Specialists, Ltd. has extended its lease on 31,591 square feet of office space at 6160 Kempsville Circle in Norfolk, VA. John M. Profilet, SIOR represented the tenant.

The Fresh Market has exercised its option on 20,914 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson and Maggie Spillane represented the landlord.

Werres Corporation has extended 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.

Rent-A-Center has renewed its lease on 4,651 square feet of retail space at James York Plaza Shopping Center in Williamsburg, VA. Lindsay Bangel represented the landlord.

Anytime Fitness has exercised its option on 4,410 square feet of retail space at Washington Square Shopping Center in Grafton, VA. Pierce Jacobson represented the landlord.

Families First of Virginia, Inc. has extended its lease on 4,187 square feet of office space at 4701 Columbus Street in Virginia Beach, VA. John M. Profilet, SIOR represented the landlord.

Vinyl Daze Records has extended its lease on 2,844 square feet of retail space at Linkhorn Shoppes in Virginia Beach, VA. Pierce Jacobson represented the landlord.

LePosh Hair and Nail Studio has renewed its lease on 2,000 square feet of retail space at Huguenot Village Shopping Center located at 11535 Robious Road in N. Chesterfield, VA. Bob Butcher and Andrew Thacker represented the landlord.

Gourmet Gang has exercised its option on 1,925 square feet of retail space at Volvo Parkway Shopping Center in Chesapeake, VA. Murray Rosenbach represented the landlord.

Taiwan Spa has renewed its lease on 1,600 square feet of retail space at 11567 W. Broad Street in Glen Allen, VA. Andrew Thacker and Bob Butcher represented the landlord.

American Awards has exercised its option of 1,500 square feet of retail space at Millwood Plaza Shopping Center in Chesapeake, VA. Lindsay Bangel represented the landlord.

City Wide has expanded its original lease by 1,500 square feet of office space at 1583 Standing Ridge Drive, Suite D in Powhatan, VA. Andrew Thacker represented the landlord.

T-Mobile has extended its lease on 1,500 square feet of retail space at Marketplace Shoppes Phase IV in Williamsburg, VA. Tyler Jacobson represented the landlord.

Primo Pizza has renewed its lease on 1,400 square feet of retail space at Creighton Crossing Shopping Center located at 6102 Brashier Boulevard in Mechanicsville, VA. Andrew Thacker and Bob Butcher represented the landlord.

Sonia African Hair Braiding has extended its lease on 1,100 square feet of retail space at College Park Square II Shopping Center in Virginia Beach, VA. Chris Hucke 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.

Swan Cleaners has extended its lease on 990 square feet of retail space at Quarterpath Crossing Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.

Swan Cleaners has renewed its lease on 750 square feet of retail space at Chesterfield Meadows Shopping Center located at 6517 Centralia Road, in Chesterfield, VA. Andrew Thacker and Bob Butcher 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.

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