Virginia Beach, Virginia: Michael B. Divaris, president of Divaris Real Estate, Inc., (DRE), announced that Alexander P. Divaris and Jason S. Oliver have earned the prestigious Certified Commercial Investment Member (CCIM) designation. Both based in DRE’s Virginia Beach office, Divaris is a vice president and Oliver is a senior associate with the firm’s Investment Sales Group.
The CCIM is a recognized expert in the commercial and investment real estate industry. CCIMs are part of a global commercial real estate network with members across North America and more than 30 countries. This professional network has enabled CCIM members to close thousands of transactions annually, representing more than $200 billion in value. As a result, the experts who possess the CCIM designation are an invaluable resource for commercial real estate owners, investors, and users. To earn the CCIM designation, candidates must complete a rigorous curriculum including financial analysis, market analysis, user decision analysis, investment analysis and negotiation, submit a portfolio of qualifying experience and pass a comprehensive final examination.
Divaris and Oliver assist local, regional and national investors, users and sellers in the acquisition and disposition of commercial investment properties. Since joining the firm in 2001, the team of Divaris and Oliver has brokered a number of significant sales transactions including the following:
• Haygood Shopping Center – Virginia Beach, VA ($24,870,000)
• Giant Square Shopping Center – Virginia Beach, VA ($13,500,000)
• Lynnhaven East Shopping Center & North Mall Shoppes – Virginia Beach, VA ($11,800,000)
• Radisson Hotel – Norfolk, VA ($9,950,000)
• Newmarket South Shopping Center – Newport News, VA ($9,077,000)
• Pinewood Plaza – Hampton, VA ($8,527,920)
• Oceana Place – Virginia Beach, VA ($6,750,000)
• Dominion Marketplace Shopping Center – Chesapeake, VA ($5,400,000)
• Elmhurst Square Shopping Center – Portsmouth, VA ($5,150,000)
Divaris Real Estate Inc. is headquartered in Virginia Beach, VA with offices in Chesapeake, downtown and suburban Norfolk, Newport News, and Richmond, VA; Charlotte, NC and Rockville, MD. 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 25 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 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 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.