S.L. Nusbaum Inks New Lease at Hampton Roads Office Tower
2 min readS.L. Nusbaum Realty has signed a 10,253-square-foot lease at The Wells Fargo Center, a 276,500-square-foot office property in downtown Norfolk, Va.
The tenant is PBMares LLP, a Certified Public Accounting and consulting firm, that will occupy space at the building’s 19th floor. The landlord was represented in-house while JLL and Harvey Lindsay Commercial Real Estate negotiated on behalf of the tenant.
Notable tenants include Wells Fargo, UBS Financial Services Inc., Norton Capital Management, KPMG, Forvis, Blue Sky Psychiatry, and S.L. Nusbaum Realty, according to CommercialEdge. The Wells Fargo Center is the first LEED-Gold certified high-rise building in the city and the most recent office tower to be added in downtown Norfolk.
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Earlier this June, regional law firm Williams Mullen extended its lease by seven years at 200 S. 10th St., a 207,000-square-foot office building in downtown Richmond, Va. The tenant is anchoring the asset, also known as the Williams Mullen Center, since its completion in 2010 and will continue to occupy 148,911 square feet.
A downtown Norfolk office asset
The Wells Fargo Center is a Class A office asset rising 23 stories at 440 Monticello Ave., in the city’s central business district. The high-rise building came online in 2011 and includes 24,500-square-foot floorplates, six passenger elevators, and 1,859 vehicle parking spots situated on a multi-level structure throughout the asset’s third and tenth floors. Additionally, the property includes 121 luxury residential units, a conference room with up to 50 seating spaces and first floor retail space totaling 50,000 square feet.
Located in downtown Norfolk, the Wells Fargo Center has access to Interstate 264 and to multiple bus and light rail stops. The property is 10 miles from Norfolk International Airport and 18 miles from Hampton Roads Executive Airport.
Senior Vice President Deborah Stearns of JLL and Senior Vice President Clark Baldwin of Harvey Lindsay Commercial Real Estate negotiated on behalf of the tenant while the landlord was represented in-house by Senior Vice President & Partner Stephanie Sanker.
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