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Paula C. Squires// March 7, 2016//
S. L. Nusbaum Realty Co. reports transactions in February in its Norfolk and Richmond offices that that totaled $32.9 million in sales and lease volume on 126,974 square feet and 49.7 acres of land.
In the largest sales transaction, KB Riverdale LLC purchased Riverdale Plaza Shopping Center located on 49.7 acres in Hampton from Riverdale Plaza Shopping Center LLC, Plaza Offices LLC, Fiscella and Fiscella LLC and North Riverdale LLC for $24.8 million. Tommy Drew represented the buyer.
In leasing, TAP Worldwide LLC leased 13,400 square feet of retail space at 8400 Midlothian Turnpike in Richmond. Mike Zarpas represented the landlord.
Dollar Tree Stores Inc. leased 12,000 square feet of space at Hampton Boulevard Plaza in Norfolk. Zarpas represented the landlord.
Best Brakes renewed its lease on 37,483 square feet of industrial space at 5401 Virginia Regional Drive in Suffolk. Stephanie Sanker and Bill Overman represented the tenant.
