Divaris Real Estate Announces $12.5 Million and 299,172 Square Feet in Completed Transactions for November 2017

Posted on December 08, 2017  /  in News Releases  /  No Comments

VIRGINIA BEACH, VA: Divaris Real Estate, Inc. (DRE), announced the completion of $12,519,288 in transactions totaling 299,172 square feet of commercial property in the Hampton Roads, Richmond, Charlotte, Roanoke and Washington DC, markets in November 2017.

Sales Transaction

  • Bloxton Investment Group purchased 2.10 acres of land and a 28,300-square-foot warehouse at 2800 Ackley Avenue in Henrico, Virginia, from SKS Associates for $1,450,000. Peter Vick and Harrison Hall represented the buyer.

New Transactions

  • Crossroads Shopping Center Roanoke, Virginia

    Crossroads Shopping Center, Roanoke, VA

    BJ’s Wholesale Club leased 102,600 square feet of retail space in Crossroads Shopping Center 1419 Hershberger Road in Roanoke, Virginia. Sam McCoy, Brett McNamee and Ali Newton represented the landlord.

  • Launch Trampoline Park leased 29,600 square feet of retail space in Victorian Square Shopping Center at 10901 Hull Street Road in Midlothian, Va. John Madures represented the landlord.
  • Crunch Fitness leased 27,000 square feet of retail space in The Shops at Canton Crossing at 3501-3801 Boston Street in Baltimore, Maryland. Peter Vick and Harrison Hall represented the tenant.
  • Decks and Docks Lumber Company leased 18,000 square feet of retail space in the former Dail’s Home Center l at 4387 Portsmouth Boulevard in Portsmouth, Va. David Bickford represented the landlord.
  • Team Fishel Engineering of Virginia leased 6,749 square feet of office space in at 130 Research Drive in Hampton, Va. Chris Bendit represented the landlord, Katherine Olson and Krista Costa represented the tenant.
  • Axis Global Enterprises leased 6,104 square feet of office space in 1439 North Great Neck Road in Virginia Beach, Va. Jason Oliver, Vivian Turok and Alex Divaris represented the landlord. George Fox represented the tenant.
  • Prevailance, Inc. leased 6,009 square feet of office space in Two Columbus Center at 4500 Main Street in Virginia Beach. Michael Divaris and Turok represented the landlord, Katherine Olson and Costa represented the tenant.
  • Science Applications International Corporation leased 3,286 square feet of office space in Southport Centre at 4525 South Boulevard in Virginia Beach. Bendit and Elizabeth Paasch represented the landlord.
  • Royale Beauty Bar leased 3,216 square feet of retail space in Bank @Lantec Center at 1580 Crossways Boulevard in Chesapeake, Va. Kayla Olson represented the landlord.
  • Hiks Fashion of NY leased 3,180 square feet of retail space in Victory Crossing at 4010-B Victory Boulevard in Portsmouth, Va. Fox represented the landlord.
  • The Vertical Trading Group leased 3,000 square feet of office space in Exchange Alley Building at 23-25 South 13th Street in Richmond, Va. Dean Foster and Eric Hammond represented the landlord.
  • Your Pie leased 2,936 square feet of retail space in Westchester Commons at 15786 WC Main Street in Midlothian, Va. Read Goode and Cheryle Toy represented the tenant.
  • TH Nails leased 2,830 square feet of retail space in the Shoppes at Lake James at 5347 Lila Lane in Virginia Beach. Kayla Olson and Bickford represented the landlord.
  • Zoe’s Kitchen leased 2,600 square feet of retail space in a former Blockbuster building at 2061 Huguenot Road in Richmond. McNamee and Newton represented the tenant.
  • Bennett Home Furnishings leased 2,400 square feet of retail space in Executive Cove at 5600 Virginia Beach Boulevard in Virginia Beach. Kayla Olson and Bendit represented the landlord.
  • Land Home Financial Services leased 2,021 square feet of office space in West Broad Village at 2235 Old Brick Road in Glen Allen, Va. Vick and Hall represented the landlord.
  • 1st Class Real Estate leased 1,956 square feet of office space at 550 Oyster Point Road in Newport News, Va. Karen Beale, SIOR represented the landlord.
  • Mommy Makes Stuff leased 1,850 square feet of retail space in Berkshire Shoppes at 1296 South Battlefield Boulevard in Chesapeake, Va. Kayla Olson and Bickford represented the landlord.
  • Rock Bottom Golf leased 1,801 square feet of office space in Harbour Breeze Professional Center at 1520 Breezeport Way in Suffolk, Va. Costa and Katherine Olson represented the landlord.
  • Peake Endurance leased 1,750 square feet of retail space in Berkshire Shoppes at 1296 South Battlefield Boulevard in Chesapeake. Kayla Olson and Bickford represented the landlord.
  • Summit Behavior Therapy leased 1,500 square feet of office space in North Great Neck Professional Center at 1435 North Great Neck Road in Virginia Beach. Elizabeth Napolitano represented the tenant.
  • Luxury Nails Spa leased 1,500 square feet of retail space in Lightfoot Marketplace at 6485 Centerville Road in Williamsburg, Va. Vick, Hall and Fox represented the landlord.
  • Tapioca Go leased 1,300 square feet of retail space in Walmart Way Crossing at 1431-1445 Sams Circle in Chesapeake. Napolitano represented the tenant.
  • OS4 Labor leased 1,260 square feet of retail space in Victory Crossing at 4006-C Victory Boulevard in Portsmouth. Fox represented the landlord.
  • Premier Soccer leased 1,200 square feet of retail space in Crossways Shopping Center at 1412 Greenbrier Parkway in Chesapeake. Dave Redmond represented the landlord.
  • Auto Equity Loans of Delaware leased 1,034 square feet of retail space in Westmont Shopping Center at 3235 Columbia Pike in Arlington, Va. Amit Grover represented the tenant.
  • Tracey Nails Spa leased 1,100 square feet of retail space in Church Road Plaza at 45665 Church Road in Sterling, Va. Rob Gray represented both the tenant and the landlord.
  • Anointed Hair leased 997 square feet of retail space in Shoppes at Lake James at 5347 Lila Lane in Virginia Beach. Kayla Olson and Bickford represented the landlord.
  • Bench Inc. leased 800 square feet of office space in Exchange Alley Building at 23-25 South 13th Street in Richmond. Hammond and Dean Foster represented the landlord.
  • Jim Bocrie Jr. Agency leased 521 square feet of office space at 201 North Washington Highway in Richmond. Hammond and Foster represented the landlord.

Lease Renewals

  • Tactical Electronics and Military Supply renewed its lease for 5,833 square feet of retail space at 2844 Crusader Circle in Virginia Beach. Redmond represented the tenant.
  • Hibbett Sporting Goods renewed its lease for 5,200 square feet of retail space in North Hampton Market at 6021 Wade Hampton Boulevard in Taylors, South Carolina. Diana Teitsma and Charles Neil represented the landlord.
  • Style By Design renewed its lease for 3,187 square feet of retail space at 501 Village Avenue in Yorktown, Va. Missy Martinovich represented the tenant.
  • Mountain of Blessing Christian Center Corporation renewed its lease for 2,404 square feet of office space in Fountain Park at 9321-9327 Midlothian Turnpike in Richmond. Hammond and Madures represented the landlord.
  • Tarek O. Zaki, D.D.S. renewed a lease for 2,360 square feet of retail space in Salem Crossing Shopping Center at 2029 South Lynnhaven Parkway in Virginia Beach. Levi Thomson represented the landlord.
  • Planet Beach Tanning renewed its lease for 2,100 square feet of retail space in South Square at 3415 Westgate Drive in Durham, NC. Neil and Teitsma represented the landlord.
  • Joginder Pal, MD renewed a lease for 1,850 square feet of office space at 4356 Bonney Road in Virginia Beach. Costa and Katherine Olson represented the landlord.
  • Monroe Capital Partners renewed its lease for 1,755 square feet of office space in the Medical Building of Courthouse Green at 4097 Ironbound Road in Williamsburg. Beale represented the landlord.
  • OneMain Financial Group renewed its lease for 1,625 square feet of retail space in Patterson Place at 3511 Witherspoon Boulevard in Durham, North Carolina. Neil and Teitsma represented the landlord.
  • Nails Only renewed its lease for 1,530 square feet of retail space in Lynnhaven North Shopping Center at 2701 North Mall Drive in Virginia Beach. Redmond represented the landlord.
  • Volkert renewed its lease for 1,455 square feet of office space in One Columbus Center at 286 Constitution Drive in Town Center of Virginia Beach. Michael Divaris, Turok and Costa represented the landlord.
  • Hearing Services of Virginia renewed its lease for 1,028 square feet of office space at 4356 Bonney Road in Virginia Beach. Katherine Olson and Costa represented the landlord.
  • Wells Tax & Finance Service renewed its lease for 445 square feet of office space in 360 West Shopping Center at 7206 Hull Street Road in Richmond. Sara Goodall represented the landlord.

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 over 32 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.

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedIn

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Comments are closed.