Divaris Completes Two Property Sales Totaling More Than 9,500 Square Feet

Posted on May 27, 2014  /  in News Releases  /  No Comments

RICHMOND, VIRGINIA: Michael B. Divaris, president of Divaris Real Estate, Inc. (DRE), announced the sale of two properties totaling 9,869 square feet of office space located in Richmond.

Aspen Partners purchased The Historic Stark House, a 6,569-square-foot office building, located at 9 East Franklin Street in Richmond. The negotiations were handled on behalf of the seller, Magic LLC, by Brett McNamee of Divaris’ Richmond office. Aspen Partners provides alternative investment solutions to financial professionals seeking diversification opportunities for client portfolios. The property will be its new Richmond headquarters location.

Daniel E. Warren purchased a 3,300-square-foot building located at 80 La Brook Concourse in Richmond. The negotiations were handled on behalf of the seller, Jeffrey S. Finn, by John Madures of the DRE Richmond office. The buyer will use the investment property as a mechanical repair shop for industrial equipment.

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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