Divaris Completes Three Leases Totaling More Than 19,000 Square Feet

Posted on April 08, 2014  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Michael B. Divaris, President of Divaris Real Estate, Inc. (DRE), announced the signing of three leases, totaling 19,676 square feet of office and retail space in the greater Baltimore area.

Fresenius Medical Care signed a lease for 8,500 square feet of office space in Waverly Commons, located at 2801 Greenmount Ave., in Baltimore, Maryland. Fresenius signed a second lease for 8,372 square feet in the Village of Cross Keys, located at 2 Hamill Road, also in Baltimore. The lease negotiations were handled on behalf of the tenant by Vivian Turok of Divaris’ Virginia Beach office and Joseph Farina of its Washington D.C. Metro office. Fresenius Medical Care is a major provider of kidney dialysis care 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.

GreenDrop leased 2,804 square feet of retail space at 5 Bynum Road in Forest Hills, Maryland. The lease negotiations were handled on behalf of the landlord, JC Chen, LLC, by Joseph Farina. GreenDrop is an organization selected by the Military Order of the Purple Heart and the National Federation of the Blind to raise funds through the generation and collection of donated clothing and household items.

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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