Virginia Beach, Virginia: Gerald S. Divaris, Chairman/CEO of Divaris Real Estate, Inc. (DRE), announced the signing of two leases totaling more than 7,000 square feet of office/warehouse and retail space in Richmond, Virginia.
Living Stone Ministries signed a lease for 4,088 square feet of office and warehouse space at 5311 Distributor Drive. The lease was handled on behalf of the landlord, DBK Properties, LLC, by John Madures, senior associate in the Richmond office of DRE.
In a separate transaction, Title Max signed a lease for 3,000 square feet of retail space at 20 East Belt Boulevard. Title Max has expanded to more than 1,000 stores spanning 12 states. The lease negotiations were handled on behalf of the landlord, Boatman Properties, LLC, also by John Madures.
Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in Chesapeake, 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 30 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.