SALES
Cushman & Wakefield | Thalhimer
BHC LLC purchased the 6,000-square-foot industrial/flex building at 117 South First Colonial Road in Virginia Beach from Mark Anthony LLC for $830,000 to operate its contracting business. Janet Whitbeck represented the seller.
Riddle Associates Inc.
JD Byrn Holding LLC purchased a space at 614 Prosperity Way in Chesapeake. Shannon Stidham and Lindsey R. Elliott represented the buyer.
S.L. Nusbaum Realty Co.
Citadel Alliance LLC purchased a 7,200-square-foot office property on 0.53 acres at 838 Granby St. in Norfolk from Retail Alliance Partners LLC for $1,555,000. Martin Murden represented the buyer.
WPPM LLC purchased an 8,500-square-foot Walgreens property on 0.75 acres at 345 14th St. in West Point from WEC 97A-23 Investment Trust by Ritesan Company Inc., its managing trustee, for $1.3 million. Doug Aronson of SLN Capital Markets and Nathan Shor represented the seller.
Aces Realty LLC purchased 0.89 acres of land at 925 Diamond Springs Road in Virginia Beach from Moore Farm LLLP for $825,000. Matthew Nusbaum represented the seller.
Dunkin (437 N Main St LLC) purchased a 2,664-square-foot retail property on 0.72 acres at 437 N. Main St. in Kilmarnock from Primis Bank for $460,000. Thomas Clarkson, Nathan Shor and Elliot Warsof represented the buyer.
JD Byrne Holding LLC purchased a 1,530-square-foot office property at 614 Prosperity Way in Chesapeake from Parroco Management Group LLC for $325,000. Chris Zarpas and Chris Devine represented the seller.
LEASES
Cushman & Wakefield | Thalhimer
James River Institute for Archaeology Inc. leased 4,345 square feet of office space at 300-328 Mclaws Circle in Williamsburg. Dawn F. Griggs represented the tenant.
Moxie Services Norfolk LLC leased 3,900 square feet of industrial space at 11840 Canon Blvd. in Newport News. Ellis Colthorpe and Kenneth D. Penrose Jr. represented the landlord. Dawn F. Griggs represented the tenant.
Virginia Alcoholic Beverage Control Authority leased 2,873 square feet of retail space at Fox Mill Centre, 6689 Fox Centre Parkway in Gloucester. Chris Rouzie represented the landlord.
Off Load Moving leased 1,800 square feet of industrial space at 3000 Incubator Road in Hampton. Ellis Colthorpe represented the landlord.
Kimley-Horn and Associates Inc. leased 1,553 square feet of office space at Design Center, 4350 New Town Ave. in Williamsburg. Andy Dallas represented the tenant.
Hampton Psych NP’s PLLC leased 1,456 square feet of office space at 11030-A Warwick Blvd. in Newport News. Teresa Nettles represented the landlord.
Riddle Associates Inc.
City Electric Supply Co. leased a space at 2700 Avenger Drive in Virginia Beach. Bill Brackman handled the negotiations.
Molihua Massage leased a space at 1114 Sparrow Road in Chesapeake. Bill Brackman handled the negotiations.
VSL Electrical Sign and Lighting LLC leased a space at 2012 Campostella Road in Chesapeake. Bill Brackman handled the negotiations.
On Point Supply LLC leased a space at 500 Freeman Ave. in Chesapeake. Larry Rumsey handled the negotiations.
Archangel Law Group PLLC leased a space at 119 Byron St. in Chesapeake. Lindsey R. Elliott handled the negotiations.
AJ Ninja and Sons Inc. leased a space at 905 Live Oak in Chesapeake. Shannon Stidham handled the negotiations.
Deep Creek Distillery leased a space at 801 Butler Street in Chesapeake. Shannon Stidham handled the negotiations.
Pirate Exterior Structures LLC leased a space at 3901 Garwood Ave. in Portsmouth. Bill Brackman handled the negotiations.
Cross Country Mortgage LLC leased a space at 445 N. Battlefield Blvd. in Chesapeake. Lindsey R. Elliott handled the negotiations.
S.L. Nusbaum Realty Co.
A & J Trucking Repair LLC leased 14,662 square feet of industrial space at 900 Broad St. in Portsmouth. Austin Glaser represented the tenant.
Dollar Tree Stores leased 11,264 square feet of retail space in White Marsh Shopping Center at 1870 George Washington Memorial Highway in Hayes. David T. Kalman represented the landlord.
Jeremy K. Hendrick and Christopher R. Ford leased 9,000 square feet of industrial space at 2593 Mulch Landing Road in Virginia Beach. Michael Myers handled the transaction.
NAO LCO LLC leased 6,119 square feet of office space at 152 Burnetts Way in Suffolk. Sam Rapoport represented the landlord. Chris Zarpas and Steve Weinstein represented the tenant.
Mr. Rooter Plumbing leased 5,978 square feet of office space on 0.46 acres at 101 Malibu Drive in Virginia Beach. Chris Zarpas and Martin Murden represented the landlord.
Platinum Beauty Supply leased 5,400 square feet of retail space at College Park Square I Shopping Center in Virginia Beach. Chris Hucke represented the landlord.
Avenue Kitchen & Cocktails leased 2,773 square feet of retail space at Wells Fargo Center in Norfolk. Maggie Spillane and Murray Rosenbach represented the landlord.
Forbes Candies Inc. leased 1,800 square feet of industrial space at 2608 Horse Pasture Road in Virginia Beach. Stephanie Sanker and Bill Overman represented the tenant.
VALC3 LLC leased 1,320 square feet of retail space at 300 Oyster Point Road in Newport News. Austin Glaser, Ben Leon and Nathan Shor represented the tenant.
Grohler Hearing Aid Center Inc. leased 1,184 square feet of office space at 1170 Lexan Ave. in Norfolk. Austin Glaser represented the landlord.
LEASE RENEWALS
Cushman & Wakefield | Thalhimer
American Systems renewed its lease of 6,119 square feet of office space at 440 Viking Drive in Virginia Beach. Rob Wright and Josh Fulton represented the landlord.
Air Conditioning Equipment Sales Inc. renewed its lease of 3,600 square feet of industrial space at Copeland Business Park, 105 E. St. in in Hampton. Ellis Colthorpe represented the landlord.
Accurate Healthcare Inc. renewed its lease of 3,600 square feet of industrial space at 1700 South Park Court in Chesapeake. Tony Weiss represented the landlord. Josh Fulton represented the tenant.
Bon Secours (Maryview Hospital) LLC renewed its lease of 2,800 square feet of retail space at Southampton Shopping Center, 1376 Armory Drive in Franklin. Rob Wright represented the tenant.
Virginia First Tea Farm LLC renewed its lease of 2,300 square feet of industrial space at 560 Industrial Park Drive in Newport News. Kenneth D. Penrose represented the landlord.
Incredible Edibles Bakery renewed its lease of 1,953 square feet of retail space at 1640 Donna Drive in Virginia Beach. John P. Duffy represented the landlord.
Hair Diva Designs & Lane 2 Fitness renewed its lease of 1,100 square feet of industrial space at 840 Juniper Crescent in Chesapeake. Tom Dana represented the landlord.
Harvey Lindsay Commercial Real Estate
The Slate River Corp. renewed its lease of 6,077 square feet of industrial space at 110 Virginia Ham Drive in Suffolk. Kimberly Worley handled this transaction.
Fresenius Medical Care renewed its lease of 8,938 square feet of retail space at 3319 W. Mercury Blvd. in Hampton. Bob Saunders and Bob King handled this transaction.
Hytorc Virginia renewed its lease of 1,200 square feet of industrial space at 300 Commerce Circle in York County. Matt Leffler handled this transaction.
NCS Pearson renewed its lease of 1,342 square feet of office space at 825 Diligence Drive in Newport News. Michael Allen and Clark Baldwin handled this transaction.
H & R Block renewed its lease of 1,600 square feet of retail space at 1385 Fordham Drive in Virginia Beach. Susan Pender and Larry Hecht handled this transaction.
Bottling Group LLC renewed its lease of 12,000 square feet of industrial space at 925 Cavalier Blvd. in Chesapeake. Chip Worley handled this transaction.
Herz Rent a Car renewed its lease of 1,200 square feet of retail space at 1765 Parkview Drive in Chesapeake. Susan Pender handled this transaction.
Pizza Hut renewed its lease of 2,000 square feet of retail space at 3130A Western Branch Blvd. in Chesapeake. Susan Pender handled this transaction.
National Right To Work Committee renewed its lease of 15,000 square feet of retail space at 5630 Princess Anne Road in Virginia Beach. Susan Pender handled this transaction.
National Right To Work Committee renewed its lease of 6,602 square feet of retail space at 5632 Princess Anne Road in Virginia Beach. Susan Pender handled this transaction.
JLL
RGN-Chesapeake I LLC extended its lease of 14,689 square feet at 1545 Crossways Blvd. in Chesapeake. Todd Scholsohn represented the tenant.
Chesapeake Bay Management renewed its lease of 4,133 square feet at 603 Pilot House Road in Newport News. Deborah Stearns and Justin Gruendling represented the building owner.
Read Commercial Properties Inc.
Read Commercial Properties Inc. extended its lease of office space at 6 Manhattan Square in Hampton. F. Craig Read represented both parties.
Cooper Hurley extended its lease of 959 square feet of office space at 50 W. Queens Way in Hampton. Michelle Creelman represented the tenant.
BAE Systems Information & Electronic Systems Integration Inc. extended its lease of 682 square feet at 6 Manhattan Square in Hampton. F. Craig Read represented the landlord.
CACI Inc.-Federal extended its lease of 5,907 square feet of office space at 1001 N. Campus Parkway in Hampton. F. Craig Read represented the landlord.
Riddle Associates Inc.
Commonwealth Window Tinting renewed its lease at 317 Great Bridge Blvd. in Chesapeake. Lindsey R. Elliott handled the negotiations.
Integrated Video Solutions LLC renewed its lease at 809 Live Oak Drive in Chesapeake. Lindsey R. Elliott handled the negotiations.
Dramatic Enterprises renewed its lease at 5654 Parliament Drive in Virginia Beach. Lindsey R. Elliott handled the negotiations.
Lyon Magnus LLC renewed its lease at 3737 Holland Blvd. in Chesapeake. Lindsey R. Elliott handled the negotiations.
Michael Wright renewed his lease at 1170 Lance Road in Norfolk. Bill Brackman handled the negotiations.
Arthur Odgers renewed his lease at 3901 Garwood Ave. in Portsmouth. Bill Brackman handled the negotiations.
Millennium Window Tint renewed its lease at 3901 Garwood Ave. in Portsmouth. Bill Brackman handled the negotiations.
Fidelity Power Systems renewed its lease at 417 Network Station in Chesapeake. Lindsey R. Elliott handled the negotiations.
Montadis Tarell Bailey renewed his lease at 801 Butler St. in Chesapeake. Lindsey R. Elliott handled the negotiations.
Moores Electric renewed its lease at 4013 Seaboard Court in Portsmouth. Bill Brackman handled the negotiations.
Willcox & Savage renewed its lease at 2640 Nevada in Norfolk. Bill Brackman handled the negotiations.
Otoole Distribution Inc. renewed its lease at 1170 Lance Road in Norfolk. Bill Brackman handled the negotiations.
Alvin Taylor renewed their lease at 3405 Chesapeake Blvd. in Norfolk. Lindsey R. Elliott handled the negotiations.
Best Choice Roofing and Home Improvements Inc. renewed its lease at 317 Great Bridge Blvd. in Chesapeake. Lindsey R. Elliott handled the negotiations.
Council Repair & Supply Co. renewed its lease at 809 Live Oak in Chesapeake. Lindsey R. Elliott handled the negotiations.
S.L. Nusbaum Realty Co.
Goodwill exercised its option on 15,000 square feet of retail space at College Park Square I Shopping Center in Virginia Beach. Chris Hucke represented the landlord.
GruntWorx LLC extended its lease on 13,513 square feet of office space at Rosemont Interstate Center I in Virginia Beach. Ben Leon and Sam Rapoport represented the landlord.
Tuff Shed Inc. extended its lease on 5,000 square feet of industrial space at 5768 Arrowhead Drive in Virginia Beach. Stephanie Sanker and Pierce Jacobson represented the landlord.
Mission BBQ exercised its option on 4,480 square feet of retail space at Town Center Station Shopping Center in Virginia Beach. Martin Murden and Murray Rosenbach represented the landlord.
Bangkok Garden extended its lease on 4,320 square feet of retail space at Loehmann’s Plaza Shopping Center in Virginia Beach. Murray Rosenbach and Maggie Spillane represented the landlord.
Navy Recruiting exercised its option on 4,000 square feet of retail space at Meadowbrook Shopping Center in Norfolk. Maggie Spillane represented the landlord.
The Bagel Baker expanded its lease by 800 square feet to 4,000 square feet of retail space at Great Neck Village Shopping Center in Virginia Beach. Chris Hucke represented the landlord.
FMI HDMc LLC has renewed its lease on 3,125 square feet of industrial space at 3440 Chandler Creek Road in Virginia Beach. Pierce Jacobson represented the landlord.
Affinity Infusion VA LLC renewed its lease on 3,060 square feet of industrial space at 624 and 626 Prosperity Way in Chesapeake. Stephanie Sanker represented the landlord.
Gustavo Machado BJJ extended its lease on 2,975 square feet of retail space at Regency Hilltop Shopping Center in Virginia Beach. Maggie Spillane represented the landlord.
Trish exercised its option on 2,700 square feet of retail space at Hilltop North Shopping Center in Virginia Beach. Richard Jacobson represented the landlord.
Balance Therapeutic Massage extended its lease on 2,000 square feet of retail space at Regency Hilltop Shopping Center in Virginia Beach. Pierce Jacobson represented the landlord.
Jackson Hewitt extended its lease on 1,800 square feet of retail space at College Park I Shopping Center in Virginia Beach. Chris Hucke represented the landlord.
Shun Xin Restaurant extended its lease on 1,750 square feet of retail space at Glenwood Square Shopping Center in Chesapeake. Maggie Spillane represented the landlord.
The Mad Batter renewed its lease on 1,359 square feet of retail space at 149 N. Main St. in Suffolk. Ben Leon and Sam Rapoport represented the landlord.
Parcel Pros extended its lease on 1,000 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg. Tyler Jacobson represented the landlord.
Burger King exercised its option on a 0.63-acre outparcel at Ocean View Shopping Center in Norfolk. Tyler Jacobson represented the landlord.
Wells Fargo extended its lease on a 0.54-acre outparcel at College Park Square I Shopping Center in Virginia Beach. Chris Hucke represented the landlord.
FINANCING
Berkadia
Senior Managing Director John Reed of Berkadia Richmond and Managing Director John Richards of Berkadia Norfolk secured $31.85 million in construction/permanent financing through the Virginia Housing Development Authority on behalf of the nonprofit developer, Virginia Beach-based Vanguard Landing Inc., for the planned 128-bedroom community in the city. The deal closed on April 29. The 40-year loan featured a 6.25% permanent interest rate and a 40-year amortization schedule. The first phase of Vanguard Landing at 2016 Princess Anne Road is being developed at a cost of about $40 million and will feature The Gathering Point, the main hub and support building for the community with an administrative office, class and recreation rooms and a dining hall. Vanguard Landing was established to address the lack of safe, innovative and fulfilling residential options for individuals with disabilities.
