Share this

S.L. Nusbaum Realty Co.


1700 Wells Fargo Center
440 Monticello Avenue
Norfolk, VA 23510
757.627.8611 9211

Forest Hill Avenue
Suite 110
Richmond, VA 23235
Founded in 1906, S.L. Nusbaum Realty Co. is one of the largest real estate development companies in the southeastern United States.

S.L. Nusbaum Realty Co. offers the full spectrum of real estate services, including mixed-use development, commercial development, multi-family development, property management, leasing, sales & brokerage, and full menu of financial service.

Over the past 40+ years, we have developed over 6 million square feet of retail space comprising 54 shopping centers, over 7,000 residential units in approximately 50 apartment communities, 18 Walgreens stores and numerous fee development projects with a wide range of project types and financial structure.

In 2010, we completed the $160 million Wells Fargo Center mixed-use development, featuring the region’s first LEED Gold Certified high-rise office building. This Class A development is comprised of a twenty-three story, 255,000 square foot office tower, 50,000 square feet of retail space, 1,859 parking spaces within 2 garages and 121 luxury apartments (Monticello Station). The property serves as the Regional Headquarters and a branch location for Wells Fargo Bank, as well as numerous other prestigious tenants including: Willcox & Savage, P.C., Dixon, Hughes, Goodman, KPMG, Office Space & Solutions, AECOM, Burgess & Niple, Norton Capital Management, Bunting Capital Management, S.L. Nusbaum Realty Co. Headquarters, Bite Restaurant & Catering, Buffalo Wild Wing, 7-Eleven, Saffron Indian Bistro, Massage Envy Spa, In8 Chiropractic, Make-Up by Kim Nicole, Yo-Mix Frozen Yogurt and Sushi King.

In total, we currently manage and lease over 5 million square feet of commercial space, approximately 125 apartment properties with over 20,000 residential units.

Our staff of professionals has extensive experience in every aspect of real estate development and have the capability to take a project from concept to completion. In addition to our professionals, we also tap an extensive network of advisors, consultants and vendors whose expertise is necessary to develop a complex, mixed-use project. These include architects, general contractors, attorneys, financial institutions, engineers, inspectors, insurance professionals, and a host of consultants.


Real Estate Development: Mixed-use Development, Commercial Development, Multi-Family Development

Leasing: Retail, Office/Industrial, Multi-Family

Accounting: Corporate, Third Party Management Accounting, Third Party Accounting/Bookkeeping

Property Management: Retail, Office / Industrial, Multi-Family

Sales: Retail, Office/Industrial, Multi-Family, Land, Investment

Office Locations:

S.L. Nusbaum Realty Co. is headquartered in Norfolk, Virginia with an office in Richmond, Virginia.

Geographic Markets of Concentration: S.L. Nusbaum Realty Co. operates throughout the Mid-Atlantic. Our primary focus is in the Southeastern Virginia markets of Richmond, Williamsburg and Hampton Roads.

Industry Affiliations:

X Team International

S.L. Nusbaum Realty Co. is pleased to be a partner with X Team International, leading retail real estate brokerage alliance serving the world’s premier tenants, landlords, developers, owners and third party service providers. X Team International has proven expertise in more than 45 major markets and partners located in some of the largest cities throughout the U.S., Canada and Europe. For more information, please visit:


The SOCIETY OF INDUSTRIAL AND OFFICE REALTORS® is the leading professional commercial and industrial real estate association. With more than 3,000 members in more than 580 cities in 26 countries, SIOR represents today’s most knowledgeable, experienced, and successful commercial real estate brokerage specialists.

A Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and investment real estate. The designation is awarded by CCIM Institute. A CCIM is a resource to the commercial real estate owner, investor, and user, and is among a corps of over 9,500 professionals around the globe who hold the CCIM designation. CCIM designees live and work in the U.S., Canada, Mexico, and more than 35 other nations.

Hampton Roads Association of Commercial Real Estate represents 800 member professionals dedicated to promoting the best interests of commercial real estate in the region through key issues confronting our industry.

Institute of Real Estate Management is the only professional real estate management association serving both the multi-family and commercial real estate sectors. With 80 U.S. chapters, 13 international chapters, and several other partnerships around he globe, IREM is an international organization that also serves as an advocate on issues affecting the real estate management industry.

International Council of Shopping Centers is the global trade association of the shopping center industry. Its 60,000 members in the U.S., Canada and more than 80 other countries include shopping center owners, developers, managers, marketing specialists, investors, lenders, retailers and other professionals as well as academics and public officials.


American Institute of Real Estate Appraisers is an organization of professional appraisers that was formed by the merger of the American Institute of Real Estate Appraisers and the society of real estate appraisers. AIREA awards two designations, the MAI(Member, Appraisal Institute) and SRA (Senior Residential Appraisal) to members who have completed rigorous experience and testing requirements.


National Association of Realtors is largest trade association in the United States with over 400,000 members. The National Association of REALTORS® has over 1.2 million members, 54 State Associations (including Guam, Puerto Rico, and the Virgin Islands) and more than 1,400 local Association.


Virginia Association of Realtors is the business advocate for real estate professionals in Virginia. VAR represents more than 30,000 REALTORS active in all phases of real estate brokerage, management, development and appraisal.