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Washington DC & Mid-Atlantic  + DC Metro  + Retail  |  February 4, 2020
David Cohen
By: David Cohen

Real Estate Fund Acquires 49K-SF Norfolk Retail Center

Retail real estate fund SWNC I LLC has acquired Little Creek Marketplace, a 49,161-square-foot retail property in Norfolk, VA. The sales price was not disclosed.

At the time of sale, the retail center was 97% leased to a tenant roster that included Verizon Wireless, Navy Federal Credit Union, Applebee’s, Wing Stop, Fuddruckers, Cookies and Cakes of Virginia, Beltone, Leisure Dental, The UPS Store, Hair Cuttery and Great Clips. The property is located approximately six miles north of downtown Norfolk.

Bill Overman and John Wessling of S.L. Nusbaum represented SWNC I LLC in the transaction. The seller was not disclosed. S.L. Nusbaum has been tapped to provide property management services at the property, and Chris Hucke of S.L. Nusbaum has been named leasing agent.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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