S.L. Nusbaum Realty announces transactions
S.L. Nusbaum Realty Co. recently announced completed negotiations totaling $23 million in sales and lease volume, which includes 178,711 square feet and 29.242 acres in its Richmond and Norfolk offices.
Significant transactions include:
· Sorrentino Mariani & Co. Inc. has leased 13,840 square feet of industrial space at 3559-63 Argonne Avenue in Norfolk. Michael Myers handled the transaction.
· The city of Virginia Beach has purchased two acres of land located at Burton Station Lake in Virginia Beach from S&J Truck Terminal for $1.5 million. Chris Zarpas represented the seller.
· Park LG LLC has purchased a 10,264-square-foot office building on 0.8 acre located at 207 Business Park Drive in Virginia Beach from Solutions Properties LLC for $1.1 million. Myers represented the buyer.
· Infotec LLC has renewed its lease on 11,402 square feet of office space at 100 Constitution Drive in Virginia Beach. John M. Profilet represented the landlord.