NORFOLK, VA – (August 2016) S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions totaling approximately $7.3 million in sales and lease volume on 130,245 square feet for the Norfolk and Richmond Offices:
NEW LEASES:
- Jaffe Caplan Fleder, LLP has leased 5,563 square feet of office space at 4701 Columbus Street in Virginia Beach, VA. John M. Profilet, SIOR handled the transaction.
- La Herradura 3, Inc. has leased 4,745 square feet of retail space at Great Neck Square in Virginia Beach, VA. Chris Hucke and Neal Sadler represented the tenant.
- Commonwealth of Virginia, Virginia Indigent Defense Commission has leased 3,976 square feet of office space at 610 W. Constance Road in Suffolk, VA. Seth Norman represented the landlord.
- Adam and Eve has leased 3,712 square feet of retail space at Greenbrier Village in Chesapeake, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
- Breakout Operating, LLC has leased 3,650 square feet of office/retail space at 3852 Virginia Beach Boulevard in Virginia Beach, VA. Seth Norman represented the landlord.
- ID Web/Sivils IT Consulting has leased 2,250 square feet of retail space at 305 Lynnhaven Parkway in Virginia Beach, VA. J.C. Wynkoop represented the tenant.
- Kutting Edges School of Technology Inc. has leased 2,000 square feet of retail space at 8012 Hampton Boulevard in Norfolk, VA. C. Cheyney Cole, Jr., CCIM represented the landlord.
- Epic Vapor Company has leased 1,500 square feet of retail space at Dollar Tree Center in Norfolk, VA. Michael Zarpas represented the landlord and Murray Rosenbach represented the tenant.
- Atlantic Office Solutions has leased 1,345 square feet of retail space at Greenbrier Village in Chesapeake, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
- Rubber Worx, Inc. has leased 1,156 square feet of office/industrial space at 2006 Holland Road in Suffolk, VA. Seth Norman represented the landlord.
- Rhythm Café has leased 1,100 square feet of retail space at Buckner Retail Shoppes in Virginia Beach, VA. Chris Hucke represented the landlord.
- Lava Vape has leased 900 square feet of retail space at Buckner Retail Shoppes in Virginia Beach, VA. Chris Hucke represented the landlord.
- Paint ‘N Play RVA has leased 928 square feet of retail space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.
- Mille Fleurs has leased 841 square feet of retail space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.
- Discount Supplements Direct has leased 750 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
- All Hair Matters has leased 750 square feet of retail space at Chesterfield Meadows Shopping Center in Chesterfield, VA. Bob Butcher represented the landlord.
- First Impressions has leased 585 square feet of office space at 3300 Tyre Neck Road, Suite F in Portsmouth, VA. Michael Myers handled the transaction.
- Verizon Wireless has leased roof antenna space at Regency Hilltop Shopping Center in Virginia Beach, VA. Michael Gurley represented the landlord.
SALE TRANSACTION:
- Rostov Family has purchased a 27,000 square foot industrial building on 1.4 acres located at 1133 Executive Boulevard in Chesapeake, VA for $1,275,000. Michael Myers represented the buyer.
LEASE RENEWALS/EXTENSIONS/EXPANSIONS:
- Best Distributing Company has renewed its lease on 40,795 square feet of industrial space at 1301 Production Road in Norfolk, VA. Michael Myers represented the tenant.
- Quick Transportation Inc. has renewed its lease on 13,264 square feet of industrial space at 5714 Curlew Drive in Norfolk, VA. Michael Myers handled the transaction.
- Union First Market Bank has exercised its option on an outparcel located at WindsorMeade Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
- Cinco de Mayo has extended its lease on 3,750 square feet of retail space at Washington Square Shopping Center in Grafton, VA. Neal Sadler 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.
- Gustavo Muchado Brazilian Jiu-Jitsu/MMA has extended its lease on 2,975 square feet of retail space at Regency Hilltop Shopping Center in Virginia Beach, VA. Michael Gurley represented the landlord.
- Subway has extended its lease on 1,200 square feet of retail space at James York Plaza Shopping Center in Williamsburg, VA. Neal Sadler represented the landlord.
- Cottage Lane has relocated and expanded into 1,300 square feet of retail space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.
- Great Clips for Hair has extended its lease on 900 square feet of retail space at Little Creek Marketplace in Norfolk, VA. Chris Hucke represented the landlord.
- Ying’s Tailors has extended its lease on 750 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Michael Gurley represented the landlord.
- Leslie K Diamond has extended its lease on 400 square feet of retail space at Ocean View Shopping Center in Norfolk, VA. Tyler Jacobson 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.
