OBX Commercial Real Estate Newsletter: April 2022
by Larry Lombardi, on Apr 7, 2022 8:00:00 AM
OBX CRE Spotlight
Ben Leon
Associate Broker
Quick Facts
- Born and raised in Virginia Beach
- Currently lives in Virginia Beach
- Bachelor of Business Administration (BBA) from the University of Georgia
How long have you been working in commercial real estate?
What was your first CRE transaction?
What was your most memorable CRE transaction?
My colleague Nathan Shor and I helped assemble two off-market parcels for a new construction lease with a national convenience store operator.
Although we have been working on the deal for nearly two years and are waiting for one of the parcels to close, it has been very exciting to see everything come together. The two properties are much more valuable when combined so even though our client was the buyer it was also rewarding to see both property owners maximize the value of their respective properties by selling at the same time.
What's your favorite part of working in CRE?
How would you describe the commercial real estate market in northeastern NC and the Outer Banks?
Can you share one great piece of advice for someone looking to buy/lease commercial property or land?
You get five acres and an unlimited construction budget. What do you build and where?
What's one movie you love to rewatch?
What's your favorite way to spend your free time?
5 CRE Must-Reads
Featured Property
40 Commercial Acres in Moyock
Lots of potential for the right business or development. Any business other than heavy industrial are allowed within this zoning. Several surveys and a soil study have been conducted for the acreage. There is a valid septic permit in hand as well as site plans and septic system design for a proposed development.
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