OBX Commercial Real Estate Newsletter: December 2021
by Larry Lombardi, on Dec 8, 2021 8:53:29 AM
OBX CRE Spotlight
CCIM, Senior Vice-President
- Born in Alexandria, VA
- Raised in Norfolk, VA
- Attended Hampden-Sydney College
- Live in Norfolk, VA
- Married for 26 years to Beth who was raised in Charlottesville, VA
- Children: 3 daughters: Aven (22), Blake (20), and Carleigh (16)
- Dogs: Bali, an 8-year-old rescue from Afghanistan and Banks, a 7-month-old fox hound mix from the Virginia Beach SPCA
How long have you been working in commercial real estate?
How did you first get into real estate?
What was your first CRE transaction?
What was your most memorable CRE transaction?
What's your favorite part of working in CRE?
If you had to sell only ONE kind of commercial property, what would you choose? And why?
What's the first question people always ask you when you tell them what you do for a living?
What’s the biggest misconception about CRE?
What global CRE trend or market segment do you think will have the most impact locally?
How would you describe the commercial real estate market in northeastern NC and the Outer Banks?
the demographic profile and is attracting new retailers from Moyock to
the Outer Banks. Publix recently built a store in Nags Head and Target is slated to open a store there in 2022.
Can you share one great piece of advice for someone looking to buy/lease commercial property or land?
Also, always hire an attorney to review your leases and contracts.
You get five acres and an unlimited construction budget. What do you build and where?
What was the last book you read?
What's one movie you love to rewatch?
What's one thing most people might not know about you?
Do you collect anything?Surfboards and guitars.
What is your favorite thing about the Outer Banks?
- The feeling I get when I drive over the bridge into Kitty Hawk from the mainland
- Art's Place cheeseburger and John's milkshake after a surf
- Any well placed sandbar on a good swell
What's your favorite way to spend your free time?
What inspires you?
to all. She helped start a collective impact initiative in early childhood education
called Minus 9 to 5, that is committed to ensuring that regional families in need
receive reliable health care and education from the time a mother finds out she is
pregnant through the child's fifth birthday.
Being by her side as she has balanced work, raised 3 daughters, and kept our family in tune has been incredibly humbling and a huge inspiration to me.
5 CRE Must-Reads
Retail Building in Timbuck II Shopping Center
4 Unit Commercial building and land in coveted Timbuck II Shopping Center. 2 story building has over 3300 sq ft. Current layout is perfect for retail or office use.