Divaris Real Estate Announces $10.2 Million and 167,817 Square Feet in Completed Transactions for January 2018

Posted on February 09, 2018  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of $10,296,511 transactions totaling 167,817 square feet of sold, leased and renewed commercial property in the Hampton Roads, Richmond, Charlotte, Roanoke and Washington, DC markets in January 2018.

Sales Transactions

  • 9460 West Broad Street, Richmond, Va

    9460 West Broad Street, Richmond, Va

    Anthony L. Rolando purchased 53,535 square feet of retail space at 9460-9468 West Broad Street in Richmond from EF SBC 2013 1L REO, LLC for $1,725,000. Peter Vick and Harrison Hall brokered the sale on behalf of the seller.

  • EBY Realty Group, LLC purchased two parcels to construct a Bickford Senior Assisted Living Facility at 2625 and 2629 Princess Anne Road in Virginia Beach, Va. The parcels consisted of 2.8 acres of land from Larry B. Slipow and Princess Anne Road Investments, LLC acquired for $1,300,000 and 7,841 square feet of unimproved land from Courthouse Marketplace Station for the price of $60,000. Levi Thomson brokered the sale for the buyer.
  • Semmes Group, LLC purchased 4.76 acres at 1004 Holly Springs Avenue in Richmond from Harris Equities, LLC for $450,000. Bay Diesel Corporation and Bass Crane Service purchased the property for new headquarters. Read Goode and Cheryle Toy brokered the sale for the buyer.

Lease Transactions

  • Ram Tool & Supply Co. leased 29,466 square feet of industrial space in the TopSide Building at 2800 Ackley Avenue in Richmond. Vick and Hall represented the landlord.
  • TST Roofing leased 7,800 square feet of office/warehouse space at 5721 Bayside Road in Virginia Beach. Krista Costa and Katherine Olson represented the tenant.
  • Brame Academy leased 7,500 square feet of retail space in Airport Drive Shopping Center at 51 South Airport Drive in Richmond. John Madures represented both the landlord and the tenant.
  • In-Home Health leased 6,246 square feet of office space in Harbour Breeze Professional Center Building 1 at 1500 Breezeport Way in Suffolk, Va. Costa and Katherine Olson represented the landlord.
  • Surf Side Restaurant leased 4,340 square feet of retail space in Executive Cove at 5600 Virginia Beach Boulevard in Virginia Beach. Kayla Olson represented the landlord.
  • Woodland Food leased 4,200 square feet of retail space in Dulles Town Crossing at 45633 Dulles Eastern Plaza in Sterling, Va. Chris Saa represented the tenant.
  • A+K leased 3,700 square feet of retail space in Garfield Park at 925 North Garfield Park in Arlington, Va. Rob Gray and Brandon Howard represented the tenant.
  • PROSOFT leased 3,400 square feet of office space in Lynnhaven Commons at 500 Viking Drive in Virginia Beach. Vivian Turok and Elizabeth Paasch represented the tenant. Elizabeth Napolitano represented the landlord.
  • J&R Kickboxing leased 2,700 square feet of retail space in College Park Crossing l at 6550 Hampton Roads Parkway in Suffolk. DRE’s Erica Rorrer and Erica McKinstry of Friedman Brokerage Co., represented the tenant.
  • Tops China leased 2,280 square feet of retail space in 360 West Shopping Center at 7210 Hull Street Road in Richmond. Sara Goodall represented the landlord.
  • Envest Holdings leased 2,134 square feet of retail space at 1206 Laskin Road in Virginia Beach. Turok and Paasch represented the landlord.
  • Sheep Gate Church leased 2,000 square feet of retail space in Pinetree Square at 2955 Virginia Beach Boulevard in Virginia Beach. Kayla Olson represented the landlord.
  • Cricket Wireless leased 1,888 square feet of retail space in 360 West Shopping Center. Goodall represented the landlord.
  • Florist Richard C. James leased 1,803 square feet of retail space in 360 West Shopping Center. Goodall represented the landlord.
  • Individuals First leased 1,800 square feet of office space in Thalia Landing Building 2 at 4356 Bonney Road in Virginia Beach. Costa and Katherine Olson represented the landlord.
  • TessT LLC leased 1,789 square feet of office space in Fountain Park at 9321-9327 Midlothian Turnpike in Richmond. Eric Hammond and John Madures represented the landlord.
  • Atlantic Coast Staffing leased 1,725 square feet of office space in Plant Zero at 220 Hull Street Road in Richmond. Hammond and Dean Foster represented the landlord.
  • Boost Mobile leased 1,724 square feet of retail space in Ashdale Plaza at 4802 Dale Boulevard in Dale City, Va. Susan McGee and Chris Saa represented the landlord.
  • Finders Keepers Piercing Studio leased 1,462 square feet of space in Retail at Bank @Lantec Center at 1580 Crossways Boulevard in Chesapeake. Kayla Olson represented the landlord.
  • Neat LLC leased 1,400 square feet of office space in Lynnhaven Commons at 580 Lynnhaven Parkway in Virginia Beach. Napolitano represented the landlord.
  • Vapers Retreat Hayfield leased 1,300 square feet of retail space at 7590 Telegraph Road in Alexandria, Va. Saa represented the tenant.
  • Flowers by Zontini Event Decorators leased 1,250 square feet of retail space in Larkspur Square at 4730 Princess Anne Road in Virginia Beach. Kayla Olson represented the landlord.
  • G. Kuts leased 1,200 square feet of retail space in Oyster Point Square at 11710 Jefferson Avenue in Newport News. George Fox and Kris Fuller represented the landlord.
  • Hospital Couriers Virginia leased 1,114 square feet of office space in Fountain Park. Hammond and Madures represented the landlord.
  • Ellaz Bridal leased 1,080 square feet of retail space in Roosevelt Gardens at 2300 East Little Creek Road in Norfolk. Fox represented the landlord.

Lease Renewals

  • Clinical Associates of Tidewater renewed its lease for 4,331 square feet of office space in Liberty Commons at 12695 McManus Boulevard in Newport News. Karen Beale, SIOR represented the landlord.
  • Atlantic Mortgage renewed its lease for 3,815 square feet of office space in Windwood Centre at 780 Lynnhaven Parkway in Virginia Beach. Turok represented the landlord. Paasch represented the tenant.
  • Edge Law renewed its lease for 2,994 square feet of office space in Lynnhaven Corporate Center at 760 Lynnhaven Parkway in Virginia Beach. Turok and Paasch represented the landlord.

About Divaris Real Estate
Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in Newport News, Norfolk, Richmond and Roanoke, VA; Charlotte, NC; Beverly Hills, CA; and Washington, DC. Divaris Real Estate and Divaris Property Management Corp. are divisions of The Divaris Group, an international real estate brokerage and property management company that currently manages and/or leases over 34 million square feet of prime office, retail and industrial space from New Jersey to Florida. Gerald S. Divaris is Chairman of the Board, and Michael B. Divaris is President of Divaris Real Estate, Inc.

Divaris Real Estate is a member of Realty Resources, (http://www.realtyresources.org/) a national group of independent retail property brokers and managers, covering 91 major markets throughout the U.S. DRE is also the Virginia affiliate for The CORE Network, (http://www.corenetworkcre.org/) a national group of office and industrial brokers with affiliates throughout the U.S., Canada, Mexico, Asia and Europe. These organizations represent corporate and institutional clients, tenants and buyers in all aspects of leasing, development, management, sales and acquisitions.

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