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Chesapeake strip mall goes for $3.15M
A 7,800-square-foot retail strip center in Chesapeake sold for $3.15 million, according to a March news release from S.L. Nusbaum Realty. Located at 1508 Sam’s Circle, Battlefield Shops has five tenants. It is shadow anchored by Walmart, Sam’s Club, At Home and Dollar Tree stores. Battlefield Freedom Wash sold the property to Grit Andrew LLC. […]
Franklin apartments sell for $18M
A 244-unit apartment community in Franklin sold for $18 million on Dec. 28, 2023, according to a news release from S.L. Nusbaum Realty. Located at 201 Forest Pine Road, the Forest Pine Apartments have traditional and garden-style one-, two- and three-bedroom units. The 23.27-acre property has a community swimming pool and playground area. Forest Pine […]
Midlothian shopping center under new management
A Midlothian shopping center anchored by a Food Lion is under new management after selling in late July for $19.6 million. Norfolk-based S.L. Nusbaum Realty Co. will handle leasing and management for 15-acre Village Marketplace, located at 13100 Midlothian Turnpike in Chesterfield County. The 131,814-square-foot center’s tenants include Hallmark, H&R Block, Spectrum Paint, Kabuto Japanes[...]
S.L. Nusbaum promotes retail leasing exec to VP
S.L. Nusbaum Realty Co. has promoted Maggie Spillane to vice president, the Norfolk-based realty company announced Tuesday. Spillane joined the company’s shopping center leasing department in 2020 as an associate, providing landlord representation and leasing services to a variety of retail centers in Hampton Roads. Prior to joining S.L. Nusbaum, she was director of commercial […]
Thalhimer buys Diamond District properties for $4.6M
TRP Hermitage LLC, an entity connected to Richmond-based Thalhimer Realty Partners Inc., has purchased two industrial properties near The Diamond baseball stadium in Richmond for $4.6 million, S.L. Nusbaum Realty Co. announced Thursday. It was an off-market deal, according to Thalhimer. The plots — 0.735 acres at 1701 Rhoadmiller St. and 0.978 acres at 2508 […]
Chesapeake industrial building sells for $10.2M
A 152,180-square-foot industrial property in Chesapeake has sold for $10.275 million, S.L. Nusbaum Realty Co. announced in July. Chesapeake Dexter St West LLC purchased the property, located at 101 Dexter St. West in Chesapeake, from On Trading Corp. The building is on 13.89 acres and was fully leased at the time of the sale. It […]
Richmond casino sites are up for grabs
With a future casino at least temporarily off the table in Richmond, two of the three land parcels that hopeful developers had been eyeing as future casino sites are back on the market, while the third will remain a movie theater. In spring 2021, city officials selected Urban One Inc.’s proposal to build a $565 […]
Virginia Beach medical building sells for $21M
A medical office building in Virginia Beach sold for $21 million, Nashville, Tennessee-based buyer Montecito Medical Real Estate announced Thursday. Located at 1717 Will O’ Wisp Drive, the two-story Beach Medical Pavilion has 52,000 square feet. Its tenants are Gastroenterology Ltd. of Virginia Beach and OrthoVirginia. The property is across the street from Sentara Virginia […]
Va. Beach apartment complex goes for $28.1M
Arbor Trace Apartment Homes, a Virginia Beach complex in the Oceanfront area, has sold for $28,175,000 to Hill Property Partners LLC, S.L. Nusbaum Realty Co. announced Monday. The neighborhood at 624 Suhtai Court is made up of 148 two-bedroom units, which will receive upgraded flooring and new appliances and fixtures. The community also includes a […]
Richmond hostel sells for $1.8M
The former HI Richmond Hostel sold for $1.8 million, S.L. Nusbaum Realty Co. announced. Located at 7 N 2nd St., the 13,704-square-foot building is expected to remain a hostel. Potomac Area Hostels Inc. bought the building from American Youth Hostels Inc. Thomas Langston and David T. Kalman with S. L. Nusbaum represented the buyer.
Powhatan shopping center sold for $4.3M
The Maxey Center, a shopping center in Powhatan County, has sold for $4.325 million, S.L. Nusbaum Realty Co. announced Friday. Ruffin Mill LLC, a local investor, purchased the property at 3452 Anderson Highway. The 17,235-square-foot, fully leased shopping center includes tenants Powhatan Medical Associates, Edward Jones, Angela’s Italian Restaurant, ERA Napier and Powhatan Gentle Dentistry.[...]
Two Hampton Roads car washes sell for $1.6M
Two Solar Wash Inc. car wash locations in Hampton Roads sold for $1.6 million, S.L. Nusbaum Realty Co. announced Wednesday. Located at 910 W. Washington St., the Suffolk property has five self-service bays, seven vacuum bays and a fully automatic, soft touch station. The Franklin location, found at 1021 Armory Drive, has seven vacuum bays, […]
