Divaris Completes Approximately 19,000 SF in Office Transactions

Posted on June 24, 2015  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Michael B. Divaris, president of Divaris Real Estate, Inc. (DRE), announced the signing of three leases for office space in Virginia Beach, totaling 18,956 square feet.

Fresenius Medical Care leased 7,841 square feet in Courthouse Marketplace, located at 2476 Nimmo Parkway. The lease negotiations were handled on behalf of the tenant by Vivian Turok of DRE’s Virginia Beach office. Fresenius is a major producer of kidney dialysis services and renal care products. With more than 2,100 dialysis facilities in North America, Fresenius provides services to hundreds of thousands of people throughout the United States, Mexico and Canada.

Pennoni Associates signed a lease expansion for an additional 6,540 square feet in the Divaris-leased and –managed Southport Trade Center, located at 349 Southport Circle. The lease negotiations were handled on behalf of the landlord, Southport Elizabeth Investors by Turok and Elizabeth Greer, also from DRE’s Virginia Beach office. Pennoni Associates is a multidiscipline engineering and design firm that provides personalized services and solutions to local, state and federal government clients and private, commercial, industrial and construction firms.

Sentara Reference Laboratory leased 4,575 square feet at the Divaris-leased and –managed 1745 Camelot Drive. The lease negotiations were handled on behalf of the landlord, Camelot Investors, LLC, by Turok and Greer. Sentara Laboratories provide medical testing to diagnose and manage health-related problems and diseases.

Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in Newport News, Norfolk, Richmond and Roanoke, VA; Charlotte, NC; 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 in excess of 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, (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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