Transaction Action

Recent Coastal Virginia Commercial Real Estate Deals

by CoVaBizMag

CHESAPEAKE

Sales

Colliers

   Rampart Real Estate Partners purchased 39 acres of industrial land in Cavalier Industrial Park, located at the intersection of S. Military Highway and Cavalier Boulevard in Chesapeake. Colliers’ Chamie Burroughs and Ricky Anderson represented the buyer, Rampart Real Estate Partners, in the transaction. The Rampart Cavalier site will become a master-planned industrial outdoor storage (IOS) development. Rampart Cavalier is subdivided into eight parcels, including six planned development sites of 2.2 to 5.7 acres, each with a 7,000 to 25,000 square-foot industrial warehouse paired with a secured outdoor storage yard. All sites will be available for lease. Rampart started construction at the beginning of June 2026 and plans to phase delivery from Q4 2027 through Q4 2029. 

Leases

S.L. Nusbaum Realty Co.

   All Tint VA, LLC has leased 2,200 square feet of industrial space at 441 Network Station, Suite B in Chesapeake. Martin Murden and Austin Glaser represented the landlord.

The Divaris Group

   Izzy’s Card Empire leased 2,400 square feet of retail space in Chesapeake Commons located at 4107 Portsmouth Blvd. in Chesapeake. Levi Thomson and Kris Fuller represented the landlord.

Renewals/Extensions/Expansions

S.L. Nusbaum Realty Co.

   Sunny’s Cleaners has extended its lease on 2,600 square feet of retail space at Millwood Plaza Shopping Center in Chesapeake. Lindsay Bangel represented the landlord.

EASTVILLE

Sales

The Divaris Group

   Rhetson Companies, Inc. sold 4.7 acres of land located at US-13 Lankford Highway & Willow Oaks Road to Picky Dog, LLC in Eastville, VA for $75,000. Ben Clarke represented the seller.

GRAFTON

Renewals/Extensions/Expansions

S.L. Nusbaum Realty Co.

   Cinco de Mayo has extended its lease on 3,750 square feet of retail space at Washington Square Shopping Center in Grafton. Brody Tucker and Pierce Jacobson represented the landlord.

HAMPTON

Sales

Cushman & Wakefield | Thalhimer

   S2 Basil Sawyer, LLC purchased an 18,505 square foot industrial/warehouse building at 30 Basil Sawyer Drive, Hampton, from The SEI Group, LLC for $2,325,000 as an investment. Clay Culbreth of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller.

Renewals/Expansions/Extensions

The Divaris Group

   Alliance Energy renewed its lease for 1,672 square feet in Harbour Centre located at 2 Eaton St. in Hampton. Elizabeth Paasch represented the landlord.

JAMES CITY COUNTY

Sales

Commonwealth

   Ivy Aesthetics and Wellness Center, PLLC purchased 1,600 SF at 5388 Discovery Park Blvd. Suite 240 in James City County from Pugliese Family Investments, LLC for $280,000. Noah Reyes and Stanton McDuffie represented the seller.

NEWPORT NEWS

Leases

Commonwealth

   Boyle Transportation, LLC leased five parking spaces at 501 Trusswood Lane in Newport News. Chip Louthan and Stanton McDuffie represented the landlord.

The Divaris Group

   State Farm leased 1,150 square feet of office space in Oyster Point Commons located at 11719-B Jefferson Ave. in Newport News. Elizabeth Paasch represented the landlord.

Renewals/Expansions/Extensions

The Divaris Group

   Pho Saigon renewed its lease for 2,039 square feet of retail space located at 550 Oyster Point Road in Newport News. Neal Sadler represented the landlord.

NORFOLK

Sales

S.L. Nusbaum Realty Co.

   Valkyrie Holdings LLC has purchased a 7,179 square foot industrial facility on .19 acre located at 1556 Azalea Garden Road in Norfolk from Verde Leaf Group LLC for $830,000. Martin Murden and Ben Leon represented the seller.

Leases

Commonwealth

   Cherry Beauty Supply, Inc. leased 5,176 SF at 750 Church St. in Norfolk. Noah Reyes represented the landlord.

S.L. Nusbaum Realty Co.

   Proud Moments MSO, LLC has leased 8,778 square feet of industrial space at 7440 Central Business Park Drive, Suite 101 in Norfolk. Martin Murden represented the landlord.

The Divaris Group

   Prodigal Enterprises leased 1,344 square feet of retail space located at 2515 Granby St. in Norfolk. Ben Clarke represented the landlord.

PORTSMOUTH

Leases

Commonwealth

   The Slay Brand leased 1,860 SF at 325-327 High Street in Portsmouth. Stanton McDuffie represented the landlord.

S.L. Nusbaum Realty Co.

   Inspire You Counseling has leased 1,114 square feet of office space at 355 Crawford Street in Portsmouth. John M. Profilet, SIOR represented the landlord.

Renewals/Extensions/Expansions

S.L. Nusbaum Realty Co.

   SouthEast Spine and Wellness Center has extended its lease on 2,240 square feet of office space at 355 Crawford Street in Portsmouth. John M. Profilet, SIOR represented the landlord and Michael Good represented the tenant.

   Vital Lab has expanded its original lease by 1,787 square feet of office space at 355 Crawford Street in Portsmouth. John M. Profilet, SIOR represented the landlord.

   South Atlantic Hearing LLC has exercised its option on 920 square feet of office space at 3300 Tyre Neck Road, Suite 1 in Portsmouth. Michael Myers represented the landlord.

SUFFOLK

Leases

S.L. Nusbaum Realty Co.

   Rainbow Nails has leased 1,100 square feet of retail space at Suffolk Village Shopping Center in Suffolk. Chris Hucke represented the landlord.

Renewals/Extensions/Expansions

S.L. Nusbaum Realty Co.

   CHKD Thrift Store has extended its lease on 13,171 square feet of retail space at Suffolk Plaza Shopping Center in Suffolk. Chris Hucke represented the landlord.

SURRY COUNTY

Sales

Commonwealth

   Patrick E. Cargill & Terry V. Cargill purchased 132 +/- acres on Otterdam Road in Surry County for $365,260.59 from Twain Timber, LLC c/o Timberland Investment Resources, LLC. Hank Campbell represented the seller.

VIRGINIA BEACH

Sales

Commonwealth

   Anjuna Acres LLC dba Rocket Title purchased 4,214 SF at 4356 Bonney Road, Building 3 in Virginia Beach from Gregory M Frech and Georgianna Frech Recovable Living Trust for $750,000. Noah Reyes and Ed Denton represented the seller.

   GLGC, LLC purchased 3,840 SF at  218 Pennsylvania Avenue in Virginia Beach from GTD, LC for $640,000. Gresh Wall and Noah Reyes represented the purchaser.

S.L. Nusbaum Realty Co.

   5500 Greenwich Road LLC has purchased a 7,152 square foot industrial facility on .81 acre located at 5500 Greenwich Road in Virginia Beach from SHMUEL, LLC for $1,125,000. Martin Murden handled the transaction.

Leases

Commonwealth

   PG VB 01 LLC - Pure Green leased 1,600 SF at 737 First Colonial Road, Suite 303 in Virginia Beach. Stanton McDuffie represented the tenant.

   PG Harris Construction Co. dba Hemmis Construction leased 8,111 SF at 230 Clearfield Ave. Suite 105 in Virginia Beach. Gresh Wall represented the landlord.

   Septemberchixz, LLC leased 2,807 SF at 223 17th Street in Virginia Beach. Stanton McDuffie represented the tenant and Gresh Wall and Noah Reyes represented the landlord.

S.L. Nusbaum Realty Co.

   The Boutiques at Virginia Beach has leased 38,920 square feet of retail space at Hilltop North Shopping Center in Virginia Beach. Richard Jacobson represented the landlord.

   Ross Dress For Less has leased 28,609 square feet of retail space at Regency Hilltop Shopping Center in Virginia Beach. Pierce Jacobson, Maggie Spillane and Murray Rosenbach represented the landlord.

   Towncenter Coffee Roastery has leased 1,805 square feet of industrial space at 5052 Southern Boulevard in Virginia Beach. Michael Good represented the tenant.

   Golden Thread Alterations has leased 750 square feet of retail space at Holland Windsor Crossing Shopping Center in Virginia Beach. Brody Tucker represented the landlord.

   U.S. Navy Recruiting has exercised its option on 1,800 square feet of retail space at Lynnhaven Crossing Shopping Center in Virginia Beach. Tyler Jacobson represented the landlord.

   SS Newtown has extended its lease on 1,261 square feet of industrial space at 5773 Arrowhead Drive in Virginia Beach. Michael Good represented the landlord.

   Dreams Barber Shop has extended its lease on 1,200 square feet of retail space at College Park Square Shopping Center in Virginia Beach. Brody Tucker and Chris Hucke represented the landlord.

The Divaris Group

   TEKSystems leased 6,802 square feet of office space in Town Center of Virginia Beach located at 283 Constitution Drive in Virginia Beach. Michael Divaris, Krista Costa and Ashley Beck represented the landlord.

   Great Eastern Resort leased 6,410 square feet of office space in Lynnhaven Commons located at 502 Viking Drive in Virginia Beach. Elizabeth Paasch represented the landlord.

   Parlor House on Pacific leased 2,650 square feet of retail space in Pacific Plaza located at 301 25th St. in Virginia Beach. Krista Costa represented the tenant.

   Adept Barbershop leased 1,300 square feet of retail space in Pacific Plaza located at 301 25th St. in Virginia Beach. Krista Costa represented the tenant.

Renewals/Extensions/Expansions

S.L. Nusbaum Realty Co.

   Jaffe Caplan Fleder, L.L.P. has extended its lease on 5,563 square feet of office space at 4701 Columbus Street in Virginia Beach. John M. Profilet, SIOR represented the landlord.

   Anytime Fitness has exercised its option on 5,556 square feet of retail space at Linkhorn Shoppes Shopping Center in Virginia Beach. Pierce Jacobson represented the landlord.

   Merit Marketing, Inc. has extended its lease on 3,661 square feet of industrial space at 5773 Arrowhead Drive in Virginia Beach. Michael Good represented the landlord.

   Kitchen Barn has extended its lease on 3,606 square feet of retail space at Hilltop North Shopping Center in Virginia Beach. Richard Jacobson represented the landlord.

   Steven Robinson has extended its lease on 2,392 square feet of industrial space at 5773 Arrowhead Drive in Virginia Beach. Michael Good represented the landlord.

   A-1 Plumbing Companies has extended its lease on 200 square feet of industrial space at Birdneck Business Center in Virginia Beach. Ben Leon and Pierce Jacobson represented the landlord. 

The Divaris Group

   Adkins Financial Group renewed and expanded its space of 1,377 square feet for a total of 3,252 square feet in Pembroke Office Park located at 293 Independence Blvd. in Virginia Beach. Elizabeth Paasch represented the tenant.

   Price Perkins Larkin renewed its lease for 1,100 square feet of office space located at 1062 Laskin Road in Virginia Beach. Marci Phillips represented the tenant.

   Sentara renewed its lease for 4,575 square feet office space located at 1745 Camelot Drive in Virginia Beach. Michael Divaris represented the landlord.

   Seery Chiropractic renewed its lease for 2,068 square feet of office space in Corporate Landing Medical Center located at 1232 Perimeter Parkway in Virginia Beach. Krista Costa represented the landlord.

WILLIAMSBURG

Renewals/Extensions/Expansions

S.L. Nusbaum Realty Co.

   VA ABC Store has exercised its option on 5,500 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg. Tyler Jacobson represented the landlord.

   Williamsburg Dental Arts has extended its lease on 2,000 square feet of retail space at Monticello Marketplace Shopping Center in Williamsburg. Tyler Jacobson represented the landlord.

   MyEyeDr has extended its lease on 1,980 square feet of retail space at Marketplace Shoppes Shopping Center in Williamsburg. Tyler Jacobson represented the landlord.

   Tropical Smoothie Cafe has extended its lease on 1,800 square feet of retail space at WindsorMeade Marketplace Shopping Center in Williamsburg. Tyler Jacobson represented the landlord.

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