MICHAEL B. DIVARIS
President

Michael Divaris is the President of the Divaris Real Estate Group of companies which includes Divaris Real Estate, Inc. and Divaris Property Management Corp. The Company currently employs over 125 personnel and has offices in six cities on the East Coast of the United States. The Company is a full service brokerage firm with a portfolio in excess of 27 million square feet in management and leasing assignments. He heads up the Office Leasing and Investment Sales Divisions and is responsible for corporate real estate services to the firm’s national clients.

In 2005, Michael was appointed to the Board of Directors of The CORE Group, a national group of over 40 commercial real estate companies with affiliates throughout the U.S. and Canada. This organization represents corporate and institutional clients, as well as tenants and buyers in all aspects of leasing, development, and managing properties, acquisitions and land sales. Michael Divaris was appointed President of CORE, beginning in October, 2009. Additionally, he serves on the Old Dominion Real Estate Board, the Capital Campaign Committee for the Sandler Center for the Performing Arts, and is a past President of the Virginia Stage Company.

After graduating from the University of Natal, Durban, South Africa with a Bachelor of Commerce Degree in Business Administration and Business Finance in 1972, Michael Divaris joined the Anglo American Corporation where he was the Personal Assistant to the Chairman of the Anglo American Property Company. He was responsible for the asset management of the group’s portfolio in the Cape Province. Michael and Gerald Divaris co-founded Divaris Real Estate in Cape Town, South Africa in 1974 and together grew the business into one of the largest South African commercial real estate firms with offices in Cape Town, Johannesburg and Pretoria. In 1982, Divaris Real Estate opened its first U.S. office in Virginia Beach, Virginia where Michael Divaris permanently relocated in 1987.

Past and current Corporate Service Accounts:
Alltel Communications -1 of 3 national service providers– 10 years
Hayes, Seay, Matern & Mattern (Engineers–now AECOM) Exclusive Tenant Representation – 7 years
Watershed Concepts – (Engineers) National Account – 5 years
Dermalogica - US and Canadian Corporate Services – 12 years
International Dermal Institute – in US and Canada – 10 years
Chartway Federal Credit Union – 5 years
Employment Guide/Trader Publishing -National Preferred Service Provider –10 years

Sales – Office & Retail:
Hilltop Plaza, shopping center, Virginia Beach
1435 Crossways Boulevard, Class A office building, Chesapeake
Peninsula Center Office Complex, Newport News
Town Point Center, Class A, high-rise office building, downtown Norfolk
Pinewood Plaza, Class A office building, Hampton
Lynnwood Plaza, Class A office building, Virginia Beach
Oceana Place, Class A office building, Virginia Beach

DRE's Corporate Services Group Keys In On Client Relationships
Hampton Roads Offers New Office Opportunities
DRE Completes Significant Investment Sales Transactions in Virginia

DRE Secures Dermalogica's Worldwide Headquarters in Los Angeles
Several Big Players Move into Hampton Roads Offices
DRE Handles Sale of Hampton's Pinewood Plaza
DRE to Tenant Rep Top-Ranked Design Firm

Hampton Roads Office Market Remains Resilient
Oceana Place Celebrates Ten Years of Success 
Dermalogica Opens Offices in Atlanta

ALLTEL Communications
Cox Communications
RYSHER Entertainment
61,897 s.f. in Santa Monica, CA Leased
The Dermal Group
Cox Communications Expands

To contact Michael, email: mdivaris@divaris.com