Divaris Completes Four Leases Totaling More Than 14,000 SF in Richmond, Virginia

Posted on August 29, 2014  /  in News Releases  /  No Comments

RICHMOND, VIRGINIA: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced the signing of four leases, totaling 14,362 square feet of office, industrial and retail space.

The Hohman Group signed a lease for 6,307 square feet of industrial space at 3409 Leigh Street. The lease negotiations were handled on behalf of the landlord, Belleville St Associates, by Cheryle Toy of Divaris’ Richmond office. The Hohman Group is an industrial design firm, which designs and prototypes products and furniture. In addition, their company, Action Figures, builds sets and decorates locations for motion pictures.

Dominion Radio Supply, Inc., leased 3,810 square feet of retail space at Huguenot Trade Center, located at Alverser Drive. The lease negotiations were handled on behalf of the tenant by Read Goode and Cheryle Toy of DRE’s Richmond office. Dominion Radio Supply opened in 1974 and this will be its fifth location, joining Peabody’s Piano, Just Drums, Huntington Learning Center and Eco-Elements Day Spa.

Old Dominion Pediatrics, PLLC, signed a lease for 2,645 square feet at the Divaris–leased and -managed Archway Sixty Office Park, located at 9327 Midlothian Turnpike. Old Dominion Pediatrics is committed to outstanding, compassionate pediatric care. The lease negotiations were handled on behalf of the landlord, Midlothian Partners of Virginia, and the tenant, by John Madures of DRE’s Richmond office.

MetroPCS leased 1,600 square feet of retail space at the Divaris-leased and –managed Midlothian Crossing, located at 8527 Midlothian Turnpike. The lease negotiations were handled on behalf of the landlord, Midlothian Associates, LP, by Sara Goodall of DRE’s Richmond office. MetroPCS is one of the leading providers of unlimited wireless service with no annual contract.

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, 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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