NORFOLK, VA – (February 2010) – S. L. Nusbaum Realty Co. is pleased to announce the successful negotiation of the following transactions:
LEASES:
• The Bounce House has leased 9,391 SF of retail space at JANAF Shopping Yard in Norfolk, VA. Michael Gurley represented the landlord.
• EVMS has leased 5,500 SF of warehouse space at 1150 E. Olney Road in Norfolk, VA. Doug Aronson represented both the landlord and tenant.
• Olive Ole Accessories has leased 5,138 SF of retail space at JANAF Shopping Yard in Norfolk, VA. Michael Gurley represented the landlord.
• I Can Child Care & Learning Center has leased 4,200 SF of retail space at the Shoppes at Wythe Creek in Hampton, VA. Bill Overman, CCIM and John Wessling represented the landlord.
• Exit Realty has leased 4,011 SF of office space at 3933 Portsmouth Boulevard in Chesapeake, VA. Doug Aronson represented the Landlord and Bill Overman, CCIM and John Wessling represented the tenant.
• Oriental Delight has leased 1,880 SF of retail space at Weblin Shopping Center in Virginia Beach, VA. Ron Rowe represented the landlord.
• Esme Fashion has leased 1,800 SF of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
• Slices has leased 1,710 SF of retail space at Colley Village in Norfolk, VA. Ron Rowe represented the landlord.
• Healthy Equation has leased 1,200 SF of retail space at James York Plaza in Williamsburg, VA. Lindsay Shook represented the landlord.
• Jackson Hewitt has leased 1,080 SF of retail space at Suffolk Plaza in Suffolk, VA. Ron Rowe represented the landlord.
• Fairfield Psychological has leased 1,064 SF of office space at the Courtyard at Providence in Virginia Beach, VA. Lindsay Shook represented the landlord.
• Pak Mail has leased 1,020 SF of retail space at Hilltop North Shopping Center in Virginia Beach, VA. Richard Jacobson represented the landlord.
• Cell Phone Repair has leased 846 SF of retail space at JANAF Shopping Yard in Norfolk, VA. Michael Gurley represented the landlord.
• U.S. Army Recruiting has leased 750 SF of retail space at Regency Hilltop Shopping Center in Virginia Beach, VA. Michael Gurley represented the landlord.
SALES
• Planet Pizza, Inc. has purchased a 4,600 SF restaurant building located on .70 acre at 981 Laskin Road in Virginia Beach, VA from John S. Waller. Chris Zarpas represented the buyer and seller.
Currently celebrating its 103rd anniversary, S.L. Nusbaum Realty Company manages, develops and provides brokerage services to shopping center projects, apartment communities, office and industrial properties throughout Virginia, North Carolina, South Carolina and Florida.
With offices in Norfolk and Richmond, VA, it is one of the largest commercial real estate firms in Virginia and currently manages over 5.3 million square feet of retail space, over 17,000 apartment units and 2 million square feet of office and industrial properties.
S.L. Nusbaum Realty Co. is proud to partner with X Team International. X Team is an international alliance of retail real estate specialists with offices located in major cities throughout the U.S., Canada and Europe. X Team partners average more than 20 years of industry experience, with expertise in major markets worldwide, specializing in tenant, property and developer/landlord representation, workout services, property dispositions and retail investments. X Team services include transaction negotiation, portfolio analysis, lease valuations, acquisitions, and asset assessment and valuation. For more information, please visit www.xteam.net.
