S.L. Nusbaum Realty Co. Announces Completed Transactions for February 2014

NEW LEASES:

• Continental Terminals has leased 38,500 square feet of industrial space at 3941 Holland Road in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the landlord and Michael Myers represented the tenant.
• Finfit has leased 11,887 square feet of office space at 272 Bendix Road in Virginia Beach, VA. Christopher Zarpas represented the tenant.
• Banker’s Life and Casualty Company has leased 3,799 square feet of office space at 609 Independence Parkway in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the tenant.
• KidzWorld has leased 2,200 square feet of retail space at College Park Square in Virginia Beach, VA. Tyler Jacobson represented the landlord.
• 9Round Fitness and Kickboxing has leased 1,495 square feet of retail space at 2301 Urchin Road in Virginia Beach, VA. John Wessling, CCIM and Bill Overman, CCIM represented the tenant.
• Minute Loan Center has leased 1,400 square feet of retail space at 369 E. 70^th Street in Shreveport, LA. Christopher Zarpas represented the landlord and tenant.
• Auroris Media, Inc. has leased 971 square feet of office space at 121 W. Tazewell Street in Norfolk, VA. John Wessling, CCIM and Bill Overman, CCIM represented the landlord.
• In8 Chiropractic has leased 795 square feet of retail space at the Wells Fargo Center in Norfolk, VA. Matthew Nusbaum represented the landlord.
• Go to Miami has leased 675 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.

SALE TRANSACTIONS

• Sisters II has purchased a 4,500 square foot commercial building located on a .71 acre at 3803 Oleander Drive in Wilmington, NC from PHD@Wilmington, LLC for $3,000,000. Christopher Zarpas represented the buyer.
• Old Dominion Peanut Corporation has purchased a 10,500 square foot flex/warehouse building located on 16,000 square feet of land at 226 24^th Street in Norfolk, VA from Deborah and Richard Setzer for $459,500. Christopher Zarpas represented the seller.
• 2109-2111 Granby Street, LLC has purchased 6,600 square feet of commercial building located at 2109-2111 Granby Street in Norfolk, VA from Maury Kroll Declaration of Trust for $370,000. Michael P. Zarpas represented the buyer and Michael Myers represented the seller.
• RR Company of America, Inc. has purchased 5,130 square foot commercial building on 7,840 square feet of land located at 730-734 Patton Street in Danville, VA from Kriscorp Investor, Inc. for $95,908. Christopher Zarpas represented the buyer.
• RR Company of America, Inc. has purchased 2,066 square foot commercial building on 6,534 square feet of land located at 744 Patton Street in Danville, VA from Kriscorp Investor, Inc. for $60,000. Christopher Zarpas represented the buyer.
• RR Company of America, Inc. has purchased 1,371 square foot commercial building on 6,776 square feet of land located at 740-742 Patton Street in Danville, VA from Danville Redevelopment for $6,401. Christopher Zarpas represented the buyer.

 LEASE RENEWAL/EXTENSIONS:

• Rose’s has exercised its option on 63,000 square feet of retail space at College Park Square in Virginia Beach, VA. Tyler Jacobson represented the landlord.
• Kempsville Building Supply has extended its lease on 40,000 square feet of industrial space at 1112 Cavalier Boulevard in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.
• Golf Galaxy has renewed its lease on 14,085 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach, VA. Michael Gurley represented the landlord.
• Dollar General has extended its lease on 6,720 square feet of retail space at the Crossings at Deep Creek Shopping Center in Chesapeake, VA. Murray Rosenbach represented the landlord.
• ABC Store has extended its lease on 6,701 square feet of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
• McDonald’s Corporation has extended its lease on 2,800 square feet located at 2432 Princess Anne Road in Virginia Beach, VA. Christopher Zarpas represented the landlord.
• Wells Fargo Bank has exercised its option on 2,400 square feet of retail space at College Park Square in Virginia Beach, VA. Tyler Jacobson represented the landlord.
• Friendly Check Cashing has renewed its lease on 2,000 square feet of retail space at Roanoke Rapids Shopping Center in Roanoke Rapids, NC. Michael Gurley represented the landlord.
• Approved Cash Advance has extended its lease on 2,000 square feet of retail space located at Thomas Corner Shopping Center in Norfolk, VA. Murray Rosenbach represented the landlord.
• Ed’s Shoe Repair has extended its lease on 2,160 square feet of retail space at Roanoke Rapids Shopping Center in Roanoke Rapids, NC. Michael Gurley represented the landlord.
• Word Church has extended its lease on 1,800 square feet of retail space at Kempsville Plaza Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
• H2O to Go has extended its lease on 1,500 square feet of retail space located at Millwood Shopping Center in Chesapeake, VA. Murray Rosenbach represented the landlord.
• Twisted has extended its lease on 1,228 square feet of retail space located at University Village – ODU in Norfolk, VA. Murray Rosenbach represented the landlord.
• Subway has extended its lease on 1,200 square feet of retail space at Short Pump Crossing in Richmond, VA. Bob Butcher represented the landlord.
• H & R Block has extended its lease on 1,200 square feet of retail space at Suffolk Shopping Center in Suffolk, VA. Christopher Hucke represented the landlord.
• Posh Salon has extended its lease on 1,200 square feet of retail space at Monticello Marketplace in Williamsburg, Virginia. Tyler Jacobson represented the landlord.
• School of Art has extended its lease on 1,200 square feet of retail space at WindsorMeade Marketplace in Williamsburg, VA. Tyler Jacobson represented the landlord.
• Cross Cutters has extended its lease on 1,000 square feet of retail space at Millwood Shopping Center in Chesapeake, VA. Murray Rosenbach represented the landlord.
• Vermani Insurance has extended its lease on 825 square feet of retail space at Buckner Retail Center in Virginia Beach, VA. Christopher Hucke represented the landlord.
• First Nails has extended its lease on 800 square feet of retail space at WindsorMeade Marketplace in Williamsburg, Virginia. Tyler Jacobson represented the landlord.
• Discount Supplements Direct has extended its lease on 750 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
• Southeast Connections, LLC has expanded its lease by 1.25 acres located at 4550 Bainbridge Boulevard in Chesapeake, VA. Stephanie Sanker, CCIM, SIOR represented the landlord.