CoStar Honors Divaris Real Estate with Nine Top Broker Awards for 2013

Posted on April 14, 2014  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate Inc. (DRE) announced that CoStar Group (NASDAQ:CSGP) has selected DRE as a CoStar Power Broker Award winner, an annual award recognizing the “best of the best” in commercial real estate brokerage by spotlighting the U.S. firms and individual brokers who closed the highest transaction volume in commercial property sales or leases for the entire year in 2013.

Divaris Real Estate qualified as one of the top ten brokerage firms in Hampton Roads, Virginia, based on its total leasing transactions closed during the year.  In order to be selected for this honor, DRE was measured against commercial real estate brokerage firms active in its region by CoStar Group, the largest, independent research organization in commercial real estate, and subsequently ranked among the top firms in the market. Additionally, eight Divaris Real Estate associates from four of DRE’s offices have been recognized with individual Power Broker awards.

Krista Costa and Vivian Turok were each named Top Office Leasing Broker in Hampton Roads; Erica Meekins Rorrer was awarded Top Retail Leasing Broker in Hampton Roads; Read Goode and John Madures were named Top Retail Leasing Brokers in the Richmond, Virginia market; Brett McNamee received Top Sales Broker award in Richmond; Joseph Farina won Top Retail Leasing Broker in Washington, D.C.; and Diana Teitsma was named Top Retail Leasing Broker in Charlotte, NC.

“CoStar Group is very proud to recognize the commercial real estate brokerage firms and individual brokers who truly excelled and achieved remarkable sales and leasing success in 2008 despite the difficult economic circumstances,” said CoStar Group President and CEO Andrew C. Florance. “We congratulate Divaris on its impressive professional accomplishment.”

The CoStar Power Broker Awards recognizes brokerage firms and individual brokers for their volume of sales and leasing transactions of office, industrial and retail properties in CoStar’s database as of year-end 2013 as well a transaction data reported by companies and dealmakers in 62 markets throughout the United States. The complete list of 2013 CoStar Power Broker Award winners can be found at http://www.costar.com/PowerBrokers/.

 About CoStar Group, Inc.

CoStar Group (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and marketing services. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. Through LoopNet, the Company operates the most heavily trafficked commercial real estate marketplace online with more than 8 million registered members. CoStar operates websites that have over 8 million unique monthly visitors in aggregate. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe with a staff of approximately 2,000 worldwide, including the industry’s largest professional research organization. For more information, visit www.costar.com.

About Divaris Real Estate, Inc.

Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in Newport News, Norfolk, Richmond and Roanoke, VA; Charlotte, NC; and metropolitan 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 approximately 23 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, 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, 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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