The property was purchased for $6 million from the Seay Family, LLC, by the City of Virginia Beach as part of a government funded program dedicated to eliminating encroachment on NAS Oceana.
Located just 50 yards from the new I‐264/London Bridge Interchange and a planned light rail stop, the London Bridge Commerce Center is a highly strategic location for the City of Virginia Beach.
Chris Zarpas, Vice President, S.L. Nusbaum Realty Co. was the sole broker in this transaction.
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.