Divaris Announces $9.9 Million and 99,157 Square Feet in Transactions for June 2018

Posted on July 06, 2018  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of 31 transactions totaling $9,902,872 and 99,157 square feet of sold, leased and renewed commercial property in the Hampton Roads, Richmond, Charlotte, and Washington, DC markets in June 2018.

Sales Transaction

Off The Hook Seafood, 136 North Battlefield Boulevard, Chesapeake, VA

Off The Hook Seafood, 136 North Battlefield Boulevard, Chesapeake, VA

Off The Hook Seafood purchased 5,622 square feet of freestanding retail space on 1.53 acres of land at 136 North Battlefield Boulevard in Chesapeake, Va from R Boyd Melchor for $1,675,000. George Fox represented the buyer.

Lease Transactions

  • Victory Lane Auto Sales and Accessories leased 15,000 square feet of retail space in Oxbridge Square Shopping Center at 10011 Hull Street Road in Richmond. Cheryle Toy, Sara Goodall and Read Goode represented the landlord.
  • Valkyrie Enterprises leased 8,130 square feet of office space at 390 Camarillo Ranch Road in Camarillo, California. Maria Hammerson, Vivian Turok and Mary McGovern represented the tenant.
  • Advance Auto Parts leased 6,438 square feet of retail space in Lightfoot Marketplace at 6493 Centerville Road in Williamsburg, Va. George Fox, Harrison Hall and Peter Vick represented the landlord.
  • Our Town Treasures and Auctions leased 6,400 square feet of retail space in Oxbridge Square Shopping Center at 9941 Hull Street Road in Richmond. Cheryle Toy and Sara Goodall represented the landlord.
  • Colonial Downs Group leased 3,887 square feet of office space in the Williams Mullen Center at 200 South 10th Street in Richmond. Eric Hammond and Dean Foster represented the landlord.
  • Aspen Dental Management leased 3,600 square feet of retail space in Hampton Roads Crossing at 1017 University Boulevard in Suffolk, Va. Levi Thomson represented the landlord.
  • Reach Orthotic & Prosthetic Service leased 2,966 square feet of office space in Little Neck 3400 Building at 397 Little Neck Road in Virginia Beach. Vivian Turok represented the landlord.
  • Kessler Psychological leased 2,428 square feet of office space in the Beach Municipal Federal Credit Union at 4164 Virginia Beach Boulevard in Virginia Beach. Chris Bendit represented the landlord.
  • Serenity C&C, Inc. leased 2,400 square feet of office space in Poplar Hill Professional Center at 4057 Taylor Road in Chesapeake. Elizabeth Napolitano and Chris Bendit represented the landlord.
  • Caribou Coffee & Einstein Bagels leased 2,168 square feet of retail space in One Columbus Center at 283 Constitution Drive in the Town Center of Virginia Beach. Coffee & Bagels is the first-time partnership of Caribou Coffee and Einstein Bros Bagels with Caribou handling the drinks and Einstein serving the food. Sezin Cortinas, Erica Rorrer and Gerald Divaris represented the landlord. Levi Thomson represented the tenant.
  • Pure Barre leased 2,037 square feet of retail space in GreenGate at 201 Matlby Boulevard in Henrico, Va. Peter Vick and Harrison Hall represented the landlord while Ali McCrickard and Brett McNamee represented the tenant.
  • Ntegra IT leased 1,978 square feet of office space in the Beach Municipal Federal Credit Union at 4164 Virginia Beach Boulevard in Virginia Beach. Chris Bendit represented the landlord.
  • Boost Mobile leased 1,800 square feet of retail space in the Ocean View Shopping Center at 167 West Ocean View in Norfolk, Va. Eric Hammond and Dean Foster represented the tenant.
  • Kapers Catering and Eatery leased 1,510 square feet of retail space in Berkshire Shoppes at 1296 South Battlefield Boulevard in Chesapeake. Kayla Olson represented the landlord.
  • Great Clips leased 1,258 square feet of retail space in Haygood Shopping Center at 1085 Independence Boulevard in Virginia Beach. George Fox and Kris Fuller represented the landlord.
  • Cheers Cut leased 1,200 square feet of retail space in the Fairfield Shopping Center at 5242 Fairfield Shopping Center in Virginia Beach. George Fox and Kris Fuller represented the landlord.
  • Duck Donuts leased 1,200 square feet of retail space in Hampton Roads Crossing at 1013 University Boulevard in Suffolk. Levi Thomson represented the landlord.
  • Dr. Vivian L. Begali leased 1,088 square feet of office space in Fountain Park at 9327 Midlothian Turnpike in Richmond. Eric Hammond, Dean Foster and John Madures represented the landlord.
  • Next Barber Shop leased 1,000 square feet of retail space in the Crossways Shopping Center at 1412 Greenbrier Parkway in Chesapeake, Va. David Redmond represented the landlord.
  • Branscome Incorporated leased 736 square feet of office space in the Kempsville Road Office building at 1446 Kempsville Road in Virginia Beach. Krista Costa and Katherine Olson represented the landlord.
  • Peggy Hawthorne-Wood leased 373 square feet of office space in the 360 West Shopping Center at 7206 Hull Street Road in Richmond. Sara Goodall represented the landlord.

Lease Renewals

  • Community Alternatives renewed its lease for 10,835 square feet of office space at 5700 Thurston Avenue in Virginia Beach. Krista Costa and Katherine Olson represented the landlord.
  • Mattress Firm renewed its lease for 3,982 square feet of retail space in Crossways Shopping Center at 1412 Greenbrier Parkway in Chesapeake. David Redmond represented the landlord.
  • Brain Balance renewed its lease for 2,856 square feet of retail space in Fairfield Shopping Center at 5286 Fairfield Shopping Center in Virginia Beach. George Fox and Kris Fuller represented the landlord.
  • Argo Turboserve Corp renewed its lease for 2,012 square feet of office space at 5700 Thurston Avenue in Virginia Beach. Krista Costa and Katherine Olson represented the landlord.
  • A Tech Systems Inc. renewed two leases for 1,702 and 945 square feet of office and warehouse space in Southport Trade Center at 349 Southport Circle in Virginia Beach. Elizabeth Napolitano and Vivian Turok represented the landlord in both leases.
  • Insight Technology Solutions renewed its lease for 1,670 square feet of office space in the Harbour Breeze Professional Center at 1530 Breezeport Way in Suffolk. Krista Costa, Katherine Olson and Nicole Campbell represented the landlord.
  • Cold Stone Creamery renewed its lease for 1,336 square feet of retail space in the Town Center of Virginia Beach at 228 Central Park Avenue. Erica Rorrer, Sezin Cortinas and Gerald Divaris represented the landlord.
  • Tidewater Counseling Group renewed its lease for 600 square feet of office space in Liberty Commons at 12695 McManus Boulevard in Newport News. Karen Beale, SIOR 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 36.8 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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