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 five tenants — Nails 20/20, A&B Hair Braiding, Kappatal Cuts, Sam’s Beauty Salon and a Boost Mobile store — and one vacancy, according to Doug Aronson, a senior managing director with SLN Capital Markets, a division of S.L. Nusbaum Realty, who represented the seller.