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New restaurant set to pull into Shockoe Slip

Lena Price January 16, 2013 2
The former Southern Railway Deli space in the Turning Basin Building. (Photo by Lena Price)

The former Southern Railway Deli space in the Turning Basin Building. (Photo by Lena Price)

A long-vacant Shockoe Slip restaurant has found a new tenant.

The former Southern Railway Deli space in the Turning Basin Building has been leased by Pizza 111 LLC.

The 6,200-square-foot space, which sits at 14th and Canal streets, has been empty since the deli closed more than two years ago.

The LLC that leased the space shares a mailing address with Off the Hookah, a Shockoe restaurant and bar, according to state records.

Off the Hookah owner Hani Atallah could not be reached for comment.

Cushman & Wakefield | Thalhimer manages the entire Turning Basin property, a 90,000-square-foot office complex that also houses Pricewaterhouse Coopers, pharmaceutical firm Intelliject and Morton’s Steakhouse.

It previously was home to the headquarters of Union First Market Bank. The bank relocated to James Center in late 2011.

With its anchor tenant gone and $15 million owed on the property’s mortgage, Turning Basin was foreclosed on in April. LNR, a special servicer working for the lender, manages the property.

Thalhimer broker Nicki Jassy represented the tenant in the deal.

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2 Comments »

  1. Brett January 16, 2013 at 9:16 am - Reply

    Downtown loves some pizza. It’s getting to the point you can’t go a few blocks without running into some. Glad to see someone take over this great space. Good luck!

  2. Shelly June 6, 2013 at 8:13 am - Reply

    I saw a sign that says taphouse coming soon. i hope it’s real soon. : )

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