NORFOLK, VA – (October 2018) S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $5 million in sales and lease volume on 61,814 square feet and approximately 3 acres for the Norfolk and Richmond Offices:
NEW LEASES:
- ABNB Federal Credit Union has leased .72 acre at 1068 Independence Boulevard in Virginia Beach, VA. Matthew Nusbaum represented the landlord.
- Apple Tree Kids has leased 16,066 square feet of retail space at 1141 Executive Boulevard in Chesapeake, VA. John Wessling, CCIM, Bill Overman, CCIM and Chris Devine represented the tenant.
- La Terraza Mexican Grill has leased 3,500 square feet of retail space at Monticello Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
- Skrimp Shack has leased 3,000 square feet of retail space at Suffolk Plaza Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
- Boho Fit Studio has leased 2,160 square feet of retail space at 125-127 West Brookland Park Boulevard in Richmond, VA. Elliot Warsof, Graham Sheridan and Zach Brenner represented the landlord.
- Hall Pass Haircuts has leased 1,875 square feet of retail space at Dam Neck Square in Virginia Beach, VA. Martin Murden and Sam Rapoport represented the landlord.
- Nova Custom Technologies, Inc. has leased 1,550 square feet of retail space at 600 N. Witchduck Road in Virginia Beach, VA. Martin Murden represented the landlord.
- Cricket Wireless has leased 1,500 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
- Great Clips has leased 1,200 square feet of retail space at Wythe Creek Shoppes in Hampton, VA. Neal Sadler represented the landlord.
- Navy Federal Credit Union has leased 1,200 square feet of retail space at Little Creek Marketplace in Norfolk, VA. Chris Hucke represented the landlord.
- Renewed Perspectives Counseling and Consulting, LLC has leased 1,060 square feet of office space in the Churchland Professional Center, 3300 Tyre Neck Road, Suite A in Portsmouth, VA. Michael Myers represented the landlord.
- Cigars has leased 750 square feet of retail space at Chesterfield Meadows Shopping Center in Chesterfield, VA. Bob Butcher and Andrew Thacker represented the landlord.
- Brenda L. Martinette and Christine Johnson have leased 625 square feet of office space in the Churchland Professional Center, 3300 Tyre Neck Road, Suite G in Portsmouth, VA. Michael Myers represented the landlord.
SALE TRANSACTIONS:
- 804 Berkley LLC has purchased a 15,030 square foot industrial building on 2.15 acres located at 804 Berkley Avenue in Chesapeake, VA from Shively & Shively, LLC for $725,000. Stephanie Sanker, CCIM, SIOR represented the buyer and John Wessling, CCIM and Murray Rosenbach represented the seller.
LEASE RENEWALS/EXTENSIONS/EXPANSIONS:
- Freewheelin Bike has extended its lease on 4,200 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Michael Gurley represented the landlord.
- Boost Mobile has exercised its option on 2,400 square feet at Suffolk Plaza Shopping Center in Suffolk, VA. Chris Hucke represented the landlord.
- Ed’s Shoe Repair has extended its lease on 2,160 square feet of retail space at Roanoke Rapids Plaza Shopping Center in Roanoke Rapids, NC. Michael Gurley represented the landlord.
- BB&T has renewed its lease on 2,158 square feet of office space at Sycamore Square in Midlothian, VA. Bob Butcher represented the landlord.
- Antonio’s Ristorante has extended its lease on 1,380 square feet of retail space at James York Plaza Shopping Center in Williamsburg, VA. Neal Sadler represented the landlord.
With over 115 years of expertise in the real estate industry, S.L. Nusbaum Realty Co. manages, develops and provides sales and leasing services for shopping centers, apartment communities, office, industrial and investment properties throughout the Mid-Atlantic and Southeast.
