S.L. Nusbaum Realty Co. Announces $46 Million in Completed Transactions for December 2023

NORFOLK, VA (January 2024) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $46 million in sales and lease volume on 101,190 square feet and approximately 16 acres for the Norfolk and Richmond Offices:

NEW LEASES:

DRFC Metal Worx, LLC has leased 7,800 square feet of flex space at 5721 Bayside Road in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
Counseling Center of Hampton Roads, LLC has leased 5,490 square feet of office space in Six Columbus Center located at 4505 Columbus Street in Virginia Beach, VA. Sam Rapoport represented the tenant.
TAVA – Cuisine of India has leased 4,000 square feet of retail space in Short Pump Crossing Shopping Center located at 3406 Pump Road in Henrico, VA. Andrew Thacker and Bob Butcher represented the landlord.
Alexander Martin has leased 3,715 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
VA Vintage has leased 3,489 square feet of retail space at Millwood Plaza Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord.
Integrated Healing Solutions, LLC has leased 3,116 square feet of office space at 6350 Center Drive in Norfolk, VA. Chris Zarpas and Chris Devine represented the tenant.
Hangry Joe’s Hot Chicken has leased 2,888 square feet of retail space at Peninsula Town Center in Hampton, VA. Maggie Spillane and Murray Rosenbach represented the tenant.
La Brioche, LLC has leased 2,300 square feet of retail space at 1415 Colley Avenue in Norfolk, VA. Michael Myers represented the landlord.
CEC has leased 2,000 square feet of office space at 441 Network Station, Suite 103 in Chesapeake, VA. Martin Murden and Austin Glaser represented the landlord.
The Sleep Shop has leased 2,000 square feet of retail space in Village Marketplace Shopping Center, located at 13214 Midlothian Turnpike in Chesterfield, VA. Carter Wells, Nathan Shor and Doug Aronson represented the landlord.
iVy Infusion Spa has leased 1,470 square feet of retail space at Edinburgh Commons North 2 Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord.
Wing Stop has leased 1,460 square feet of retail space in Springdale Shopping Center located at 4000 Mechanicsville Turnpike in Richmond, VA. Sarah Sadler, Andrew Thacker and Nathan Shor represented the landlord.
Bonjour Nail Spa has leased 1,455 square feet of retail space at 1650 General Booth Boulevard in Virginia Beach, VA. Chris Zarpas and Steve Weinstein represented the tenant.
Dominion ThriftyLuxe Boutique has leased 850 square feet of office space at 5250 Challedon Drive, Suite 100A in Virginia Beach, VA. Martin Murden represented the landlord.
Another Level, LLC has leased 850 square feet of office space at 5250 Challedon Drive, Suite 100C in Virginia Beach, VA. Martin Murden represented the landlord.

SALE TRANSACTIONS:

FPA LLC, FP Associates Inc and Adjacent Properties has purchased the Forest Pine Apartments community located on 12.61 acres at 201 Forest Pine Road in Franklin, VA from Forest Pine Apts, LLC for $18,000,000. John Wessling, CCIM, Chris Devine, Anthony Grecco and Bill Overman, CCIM represented the seller.
Church Street Investors, LLC has purchased a 25,229 square foot industrial property on 1.658 acres located at 1830 Church Street in Norfolk, VA from Atlantic Recycling, LLC for $1,550,000. Chris Zarpas and Martin Murden represented the seller.
Kroger Limited Partnership I has purchased .84 acre of land located at 6022 US Route 60 in Barboursville, West Virginia from JP’s Nevada LLC for $1,200,000. Fenton Childers represented the seller.
JAL Investments, LLC has purchased .58 acre of land located at 507 Industry Drive in Hampton, VA from 501 Industry LLC for $200,000. Bill Overman, CCIM and Steve Weinstein represented the seller.
Church Street Investors, LLC has purchased .28 acre of land located at 1830 Church Street in Norfolk, VA from Newport Properties, LLC for $100,000. Chris Zarpas and Martin Murden represented the seller.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

Domoishi has renewed its lease on 7,768 square feet of retail space in Chesterfield Meadows Shopping Center located at 6443 Centralia Road in Chesterfield, VA. Andrew Thacker and Bob Butcher represented the landlord.
Toro Kitchen Cabinets, LLC has extended its lease on 7,200 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.
Ahead of Hair has expanded its lease to 4,932 square feet of retail space in Sycamore Square Shopping Center located at 1201 Sycamore Square in Midlothian, VA. Andrew Thacker and Bob Butcher represented the landlord.
Revolution BJJ has renewed its lease on 3,420 square feet of retail space in Sliding Hill Corner Shopping Center located at 10393 Sliding Hill Road in Ashland, VA. Andrew Thacker and Bob Butcher 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.
GameStop has extended its lease on 2,160 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
Sam English II, DDS has extended its lease on 2,000 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.
Vape Guys, Inc. has renewed its lease on 1,220 square feet of retail space in Sliding Hill Corner Shopping Center located at 10393 Sliding Hill Road in Ashland, VA. Andrew Thacker and Bob Butcher represented the landlord.
Discount Cleaners 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.
Lynnhaven Shoe Repair has extended its lease on 900 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.
The S.E.E. Boutique, LLC has renewed its lease on 773 square feet of retail space in Sycamore Square Shopping Center located at 1244 Sycamore Square in Midlothian, VA. Andrew Thacker and Bob Butcher represented the landlord.
Gregory Realty has extended its lease on 400 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.
Umbrella Corporation Weapons Research Group has extended its lease on 225 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.

NORFOLK, VA (January 2024) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $46 million in sales and lease volume on 101,190 square feet and approximately 16 acres for the Norfolk and Richmond Offices:

NEW LEASES:

DRFC Metal Worx, LLC has leased 7,800 square feet of flex space at 5721 Bayside Road in Virginia Beach, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.

Counseling Center of Hampton Roads, LLC has leased 5,490 square feet of office space in Six Columbus Center located at 4505 Columbus Street in Virginia Beach, VA. Sam Rapoport represented the tenant.

TAVA – Cuisine of India has leased 4,000 square feet of retail space in Short Pump Crossing Shopping Center located at 3406 Pump Road in Henrico, VA. Andrew Thacker and Bob Butcher represented the landlord.

Alexander Martin has leased 3,715 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.

VA Vintage has leased 3,489 square feet of retail space at Millwood Plaza Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord.

Integrated Healing Solutions, LLC has leased 3,116 square feet of office space at 6350 Center Drive in Norfolk, VA. Chris Zarpas and Chris Devine represented the tenant.

Hangry Joe’s Hot Chicken has leased 2,888 square feet of retail space at Peninsula Town Center in Hampton, VA. Maggie Spillane and Murray Rosenbach represented the tenant.

La Brioche, LLC has leased 2,300 square feet of retail space at 1415 Colley Avenue in Norfolk, VA. Michael Myers represented the landlord.

CEC has leased 2,000 square feet of office space at 441 Network Station, Suite 103 in Chesapeake, VA. Martin Murden and Austin Glaser represented the landlord.

The Sleep Shop has leased 2,000 square feet of retail space in Village Marketplace Shopping Center, located at 13214 Midlothian Turnpike in Chesterfield, VA. Carter Wells, Nathan Shor and Doug Aronson represented the landlord.

iVy Infusion Spa has leased 1,470 square feet of retail space at Edinburgh Commons North 2 Shopping Center in Chesapeake, VA. Maggie Spillane represented the landlord.

Wing Stop has leased 1,460 square feet of retail space in Springdale Shopping Center located at 4000 Mechanicsville Turnpike in Richmond, VA. Sarah Sadler, Andrew Thacker and Nathan Shor represented the landlord.

Bonjour Nail Spa has leased 1,455 square feet of retail space at 1650 General Booth Boulevard in Virginia Beach, VA. Chris Zarpas and Steve Weinstein represented the tenant.

Dominion ThriftyLuxe Boutique has leased 850 square feet of office space at 5250 Challedon Drive, Suite 100A in Virginia Beach, VA. Martin Murden represented the landlord.

Another Level, LLC has leased 850 square feet of office space at 5250 Challedon Drive, Suite 100C in Virginia Beach, VA. Martin Murden represented the landlord.

SALE TRANSACTIONS:

Church Street Investors, LLC has purchased a 25,229 square foot industrial property on 1.658 acres located at 1830 Church Street in Norfolk, VA from Atlantic Recycling, LLC for $1,550,000. Chris Zarpas and Martin Murden represented the seller.

Kroger Limited Partnership I has purchased .84 acre of land located at 6022 US Route 60 in Barboursville, West Virginia from JP’s Nevada LLC for $1,200,000. Fenton Childers represented the seller.

JAL Investments, LLC has purchased .58 acre of land located at 507 Industry Drive in Hampton, VA from 501 Industry LLC for $200,000. Bill Overman, CCIM and Steve Weinstein represented the seller.

Church Street Investors, LLC has purchased .28 acre of land located at 1830 Church Street in Norfolk, VA from Newport Properties, LLC for $100,000. Chris Zarpas and Martin Murden represented the seller.

LEASE RENEWALS/EXTENSIONS/EXPANSIONS:

Domoishi has renewed its lease on 7,768 square feet of retail space in Chesterfield Meadows Shopping Center located at 6443 Centralia Road in Chesterfield, VA. Andrew Thacker and Bob Butcher represented the landlord.

Toro Kitchen Cabinets, LLC has extended its lease on 7,200 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.

Ahead of Hair has expanded its lease to 4,932 square feet of retail space in Sycamore Square Shopping Center located at 1201 Sycamore Square in Midlothian, VA. Andrew Thacker and Bob Butcher represented the landlord.

Revolution BJJ has renewed its lease on 3,420 square feet of retail space in Sliding Hill Corner Shopping Center located at 10393 Sliding Hill Road in Ashland, VA. Andrew Thacker and Bob Butcher 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.

GameStop has extended its lease on 2,160 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.

Sam English II, DDS has extended its lease on 2,000 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg, VA. Tyler Jacobson represented the landlord.

Vape Guys, Inc. has renewed its lease on 1,220 square feet of retail space in Sliding Hill Corner Shopping Center located at 10393 Sliding Hill Road in Ashland, VA. Andrew Thacker and Bob Butcher represented the landlord.

Discount Cleaners 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.

Lynnhaven Shoe Repair has extended its lease on 900 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach, VA. Tyler Jacobson represented the landlord.

The S.E.E. Boutique, LLC has renewed its lease on 773 square feet of retail space in Sycamore Square Shopping Center located at 1244 Sycamore Square in Midlothian, VA. Andrew Thacker and Bob Butcher represented the landlord.

Gregory Realty has extended its lease on 400 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson represented the landlord.

Umbrella Corporation Weapons Research Group has extended its lease on 225 square feet of flex space at Birdneck Business Center in Virginia Beach, VA. Pierce Jacobson and Ben Leon represented the landlord.

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