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Executive to retire after three decades at S.L. Nusbaum
Frank H. Cowling, Jr. a partner and senior vice president of private asset management at S.L. Nusbaum Realty, plans to retire at the end of March after four decades working in commercial real estate, according to a Tuesday announcement by the Norfolk-based real estate development company. Cowling joined S.L. Nusbaum in 1994 as vice president […]
Co-founder steps down from Franklin Johnston Group
Tom Johnston has stepped down from The Franklin Johnston Group, the Virginia Beach-based multifamily development and management company he co-founded, the company announced May 30. Johnston is leaving to pursue other business opportunities, a release stated. Johnston, Wendell Franklin and his son W. Taylor Franklin as well as Steve Cooper left S.L. Nusbaum Realty in […]
Norfolk strip mall near NSU sells for $2M
University Shoppes, an 8,800-square-foot retail strip center in Norfolk, sold for $2 million, according to a news release from S.L. Nusbaum Realty. An entity registered as University Shoppes LLC sold 1500 E. Brambleton Shoppes, which is located near Norfolk State University, to an entity registered as 1500 East Brambleton Shoppes LLC. The shopping center has […]
Henrico trade school building sells for $1.27M
Ashland-based HSH Investments has purchased a building in Henrico County leased by long-term tenant Lotus Professional College from Ritesan Co. Inc. for $1.27 million. SLN Capital Markets, a division of S.L. Nusbaum Realty, announced the sale of 8935 Patterson Ave. on April 2. Henrico County recorded the sale March 27. The 10,150-square-foot building sits on […]
