NEW LEASES:
- iMarketing has leased 8,723 square feet of office space at 130 Research Drive in Hampton, VA. Bill Overman, CCIM and John Wessling, CCIM represented the tenant.
- Tops by Distinctive, Inc., t/a Distinctive Caseworks leased 4,500 square feet of industrial space at 2409 Bowden’s Ferry Road in Norfolk, VA. Andrew Myers represented the landlord.
- J’s Beauty Outlet has leased 3,584 square feet of retail space at Smithfield Square in Smithfield, VA. Christopher Hucke represented the landlord.
- Princess Nails has leased 2,400 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
- Jimmy John’s Gourmet Sandwiches has leased 1,650 square feet of retail space at The New Kirn Building in Portsmouth, VA. J.C. Wynkoop represented the tenant.
- Five Rings Financial has leased 154 square feet of office space at Office Space & Solutions in Virginia Beach, VA. Bill Overman, CCIM and John Wessling, CCIM represented the landlord.
SALES TRANSACTIONS:
- Lee Hall Plaza, Inc. has purchased 1.65 acre from William S. Teachy located at 801 N. Battlefield Boulevard in Chesapeake, VA for $1,250,000. Bill Overman, CCIM and John Wessling, CCIM represented the seller.
- Jeebs Tree House has purchased a 1,500 square foot office condo from Bennett’s Creek Office Park, LLC located at 3345 Bridge Road, Unit 4 in Suffolk, VA for $175,000. Bill Overman, CCIM and John Wessling, CCIM represented the seller.
- TSEA, LLC has purchased The Happy Dog Boarding and Day Care located at 304 Main Street in Newport News, VA from the Happy Dog Pet Grooming Salon, LLC. Ross A. Weinstein represented the seller.
LEASE RENEWAL/EXTENSIONS:
- Rite Aid has extended its lease on 8,450 square feet of retail space at Great Neck Village in Virginia Beach, VA. Tommy Drew represented the landlord.
- Askew Industrial Corporation extended its lease on 6,600 square feet of industrial space at 911 Live Oak Drive in Chesapeake, VA. Andrew Myers represented the tenant.
- Virginia ABC Store has renewed its lease on 5,000 square feet of retail space at Monticello Marketplace in Williamsburg, VA. Stephan Gordon represented the landlord.
- Wells Fargo Bank (Branch and Drive Thru) has renewed its lease on 3,500 square feet of retail space at Chesterfield Meadows Shopping Center in Chesterfield, VA. Peter Bunin represented the landlord.
- Friedman’s Custom Jewelers has extended its lease on 2,450 square feet of retail space at Washington Square in Grafton, VA. Christopher Hucke represented the landlord.
- Sol De Mexico has extended its lease on 2,345 square feet of retail space at Princess One Shopping Center in Virginia Beach, VA. Murray Rosenbach represented the landlord.
- Tanned Bum has extended its lease on 1,200 square feet of retail space at Deep Creek Crossing in Chesapeake, VA. Murray Rosenbach represented the landlord.
- Hair Identity has renewed its lease on 1,150 square feet of retail space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.
- Pak Mail has exercised its option on 1,020 square feet of retail space located at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
- Nationwide Insurance has renewed its lease on 810 square feet of office space at Sycamore Square Shopping Center in Midlothian, VA. Bob Butcher represented the landlord.
- Designs, Inc. has extended its lease on 630 square feet of retail space at Kempsville Plaza in Virginia Beach, VA. Murray Rosenbach 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.
