Divaris Handles Sale of Two Rivers Center in Clarksville, Tennessee

Posted on July 12, 2004  /  in News Releases  /  No Comments

Clarksville, Tennessee:  Michael B. Divaris, President of Divaris Real Estate, Inc. announced the sale of Two Rivers Center, a 234,038-square-foot, mixed-use, service oriented complex located at the confluence of the Cumberland and Red Rivers in Clarksville, Tennessee.   The property is anchored by Convergys and U.S. Factory Outlets.

The buyer is In-Rel Management, Inc.  Since 1986, In-Rel has operated in South Florida as a full-service real estate firm, specializing in acquiring, remodeling and managing commercial properties.  The company currently owns and manages 24 properties totaling 2.5 million square feet in Florida and Tennessee.

The seller, Radiant Partners, LLC, was represented by Michael Divaris, Alex Divaris and Jason Oliver of the Investment Sales Group of  Divaris Real Estate, in a joint listing with Daniel Finkle of Holliday Fenoglio Fowler’s Miami office.

Divaris Real Estate, Inc. is headquartered in Virginia Beach, Virginia with offices in Norfolk, Chesapeake, Newport News, and Richmond, Virginia; Charlotte, North Carolina; Atlanta, Georgia; Rockville, Maryland; and Boca Raton and Tampa, Florida. It is an international real estate brokerage and property management company that currently manages and/or leases in excess of 20  million square feet of prime office, retail, and industrial space throughout the Mid-Atlantic and Southeastern states. 
   
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 United States.  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, as well as tenants and buyers in all aspects of leasing, development, and managing properties, acquisitions and land sales. Gerald S. Divaris is Chairman of the Board and Michael B. Divaris is President of Divaris Real Estate, Inc.

 

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