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S.L. Nusbaum Realty announces transactions

//November 28, 2016//

S.L. Nusbaum Realty announces transactions

// November 28, 2016//

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S.L. Nusbaum Realty Co. recently announced completed negotiations totaling $23 million in sales and lease volume, which includes 178,711 square feet and 29.242 acres in its Richmond and Norfolk offices.
Significant transactions include:


·         Sorrentino Mariani & Co. Inc. has leased 13,840 square feet of industrial space at 3559-63 Argonne Avenue in Norfolk. Michael Myers handled the transaction.

·         The city of Virginia Beach has purchased two acres of land located at Burton Station Lake in Virginia Beach from S&J Truck Terminal for $1.5 million. Chris Zarpas represented the seller.

·          Park LG LLC has purchased a 10,264-square-foot office building on 0.8 acre located at 207 Business Park Drive in Virginia Beach from Solutions Properties LLC for $1.1 million. Myers represented the buyer.

·         Infotec LLC has renewed its lease on 11,402 square feet of office space at 100 Constitution Drive in Virginia Beach. John M. Profilet represented the landlord.

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