Divaris Handles Leases in Multiple Markets

Posted on February 13, 2017  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Michael B. Divaris, president of Divaris Real Estate, Inc. (DRE), announced the completion of four leases totaling 33,677 square feet of new and renewed space in several states. Negotiations were handled through the Virginia Beach, Virginia, office of DRE.

Clark Nexsen renewed its lease for 26,542 square feet of office space located at 440 Martin Luther King, Jr. Boulevard in Macon, Georgia. Clark Nexsen is a fully integrated architecture and engineering firm with nearly 400 employees, 10 offices, a global reputation for excellence, and clients large and small in markets ranging from infrastructure to K-12. Michael Divaris represented the tenant in the lease negotiations with the landlord, RCR Properties, LLC.

Dermalogica leased 3,200 square feet of office space located at 499 7th Avenue in New York, New York. Michael Divaris, Krista Costa and Vivian Turok represented the tenant in the lease negotiations with the landlord.

Dermalogica also leased 2,735 square feet of office space in Hacienda Plaza located at 5674 Stoneridge Drive in Pleasanton, California. Divaris, Costa and Turok represented the tenant in the lease negotiations with the landlord Hacienda Portfolio Venture, LLC.

Divaris has been the exclusive real estate representative of Dermalogica for over 16 years for its real estate requirements in the U.S. and Canada. DRE has completed over 30 transactions including securing business unit offices in major cities across the country, placement of a distribution center on the East Coast, and relocation of Dermalogica’s global operations headquarters and distribution facility in Los Angeles.

Dermalogica’s products are found in more than 6,500 preferred skin treatment centers, salons and spas around the world. Over 20 years ago, Dermalogica entered the skin care industry to shift the focus of care and products towards skin health and away from esthetic beauty, emphasizing personalized results through prescribed home care, rather than luxury, indulgence and pampering.

Advance America Cash Advance leased 1,200 square feet of retail space in the Divaris-managed St. John’s Plaza Shopping Center located at 3237 Garden Street in Titusville, Florida. Advance America is a nationally-recognized, fully-accredited financial company, one of the nation’s largest consumer lending companies, with more than 2,100 locations offering a variety of financial services. Gerald Divaris represented the landlord, American General Life Insurance Company, in the lease negotiations.

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 in excess of 29 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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