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Paula C. Squires// September 12, 2016//
S.L. Nusbaum Realty Co. reported recent transactions totaling about $22 million in sales and lease volume on 304,747 square feet and 5.7 acres for the Norfolk and Richmond offices.
Sale transactions:
In Richmond, Roseleigh Partners LLC purchased warehouse buildings totaling 70,000 square feet on 2.6 acres at 1408 Roseneath Road and 1508 Belleville St. from Belleville St. Associates for $3.4 million. Nathan Shor and Reid Cardon represented the seller.
Summit Suites LLC purchased four office buildings totaling 50,000 plus square feet at 3117 W. Clay Street and 3105-3122 W. Marshall Street for $2.7 million. Shor and Cardon represented the seller.
In Norfolk, 244 Granby LLC has purchased a 26,925-square-foot retail building at 244-250 Granby St. from Leans Partnership for $1.7 million. Mike Zarpas represented the seller.
In the largest reported lease transaction, Popeye’s Louisiana Kitchen has ground leased 25,154 square feet of outparcel space at Towne Square Shopping Center in Roanoke.
