Divaris Real Estate Announces $21.5 Million and 143,304 Square Feet in Completed Transactions for November 2018

Posted on December 06, 2018  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of 38 transactions totaling $21,535,930 and 143,304 square feet of sold, leased and renewed commercial property in the Hampton Roads, Richmond and Central Virginia, and metropolitan Washington, DC markets in November 2018.

Sales Transactions

  • Michael D. Sifen, Inc. purchased the 37.9-acre Harbour View Parcel 4 at Harbourview Boulevard and Hampton Roads Parkway in Suffolk, Va, from Harbourview Partners for $4.2 million. David Redmond and Levi Thomson represented the seller.
  • 5284 Providence Road, Virginia Beach, VA

    5284 Providence Road, Virginia Beach, VA

    Dunkin Donuts purchased a 3,412-square-foot commercial building on .916 acres of land at 5284 Providence Road in Virginia Beach from Wells Fargo Bank, N.A., for $1,025,000. George Fox represented the buyer.

  • Opportunity Street purchased the 8,679-square-foot PNC Bank at 110 West Main Street in Salisbury, Maryland from PNC Bank, NA for $225,000. Joe Farina and Amit Grover represented the seller.
  • Greenway Commercial, Inc. purchased 1.71 acres of land at 16600 Jefferson Davis Highway in Colonial Heights, Va from Big VA Properties for $175,000. Peter Vick and Harrison Hall represented the seller.
  • Full Gospel Light & Love Church purchased 1.95 acres of land at 14551 Warwick Boulevard in Newport News, Va, from Kyong Suk Han for $10,000. Aeri Jai represented the seller.

Lease Transactions

  • The Learning Experience Academy of Washington, DC leased 9,930 square feet of retail space at 4380 MacArthur Boulevard, NW in Washington, DC. Brandon Howard represented the landlord.
  • Ceres Transport leased 7,700 square feet of office space at 326 East 6th Street in Richmond. Eric Hammond and Dean Foster represented the landlord.
  • Wong Gonzalez leased 4,436 square feet of retail space in Greengate on West Broad Street in Henrico, Va. Peter Vick and Harrison Hall represented the landlord.
  • Divaris Real Estate leased 4,105 square feet of office space at 8150 Leesburg Pike in Vienna, Va. Joe Farina and Charlie Webb represented the tenant.
  • Better Floors Incorporated leased 4,070 square feet of retail space at 2601 Buford Road in Richmond. Cheryle Toy and Read Goode represented the tenant.
  • Curves for Women leased 3,020 square feet of retail space in Todd Center at 2124-2330 West Mercury Boulevard in Hampton, Va. Aeri Jai and Mary McGovern represented the landlord.
  • Sal’s Pizza leased 2,750 square feet of retail space in the 360 West Shopping Center at 7116 Hull Street Road in Richmond. Sara Goodall and Laikyn Severson represented the landlord.
  • Southpark Capital leased 2,700 square feet of office space in Carnegie Point at 6101 Carnegie Boulevard in Charlotte. Charles Neil represented the tenant.
  • Va Choice Mortgage leased 2,500 square feet of office space in Lynnhaven Commons at 582 Lynnhaven Parkway in Virginia Beach. Elizabeth Paasch and Elizabeth Napolitano represented the landlord.
  • Your Pie leased 2,494 square feet of retail space in University Crossroads at 900 Price Fork Road in Blacksburg, Va. Read Goode and Cheryle Toy represented the tenant.
  • ABC Cabinet and Granite leased 1,750 square feet of retail space in Laurel Glen Shopping Center at 45315 Alton Lane in California, Md. Susan McGee represented the landlord.
  • Touchtel Communication leased 1,600 square feet of retail space in Waynesboro Town Center at 740 Town Center Drive in Waynesboro. Ali McCrickard, Brett McNamee and Laikyn Severson represented the landlord.
  • Edward Jones leased 1,395 square feet of office space in Fountain Park at 9321 Midlothian Turnpike in Richmond. Eric Hammond, John Madures and Dean Foster represented the landlord.
  • Nifty Thrifty leased 1,380 square feet of retail space in the Bi-Lo Shopping Center at 3333 North Main Street in Hope Mills, NC. Diana Teitsma represented the landlord.
  • Kamla Learning Center leased 1,215 square feet of retail space in 5th Street Station at 5th Street at Interstate 64 in Charlottesville, Va. Larry Agnew represented the landlord.
  • Sylvia Buono and Renee Williams leased 1,200 square feet of retail space in Airport Drive Shopping Center at 71 South Airport Drive in Highland Springs, Va. John Madures represented the landlord.
  • Gong Cha leased 1,610 square feet of retail space in Salem Crossing at 2029 South Lynnhaven Parkway in Virginia Beach. Kris Fuller and Levi Thomson represented the landlord.
  • Seafood Kitchen leased 1,210 square feet of retail space in Todd Center at 2124-2330 West Mercury Boulevard in Hampton. Aeri Jai and Mary McGovern represented the landlord.
  • Poke Papa Foggy Bottom leased 1,154 square feet of retail space at 1919 Pennsylvania Avenue in Washington, DC. Joe Farina represented the landlord.
  • Celebrity Styles & Extensions leased 1,040 square feet of retail space in Todd Center at 2124-2330 West Mercury Boulevard in Hampton. Aeri Jai and Mary McGovern represented the landlord.
  • P.B. Huber Analysis & Research leased 926 square feet of office space in One Monument Avenue at 413 Stuart Circle in Richmond. Eric Hammond, Dean Foster and Brett McNamee represented the landlord.
  • Community Preservation and Development Corporation leased 775 square feet of office space in One Monument Avenue at 413 Stuart Circle in Richmond. Eric Hammond, Dean Foster and Brett McNamee represented the landlord.

Lease Renewals

  • Food Lion renewed its lease for 30,280 square feet of retail space in York River Crossing at 2353 York Crossing Drive in Hayes, Va.
  • Fortis College renewed its lease for 26,111 square feet of office space at 6300 Center Drive in Norfolk. Elizabeth Paasch, Michael Divaris and Jason Oliver represented the landlord.
  • Heaven & Earth renewed its lease for 3,040 square feet of retail space in Todd Center at 2124-2330 West Mercury Boulevard in Hampton, Va. Aeri Jai and Mary McGovern represented the landlord.
  • CGI Federal renewed its lease for 2,890 square feet of office space in the HRSA-ILA Building at 1355 International Terminal Boulevard in Norfolk, Va. Chris Bendit represented the landlord.
  • Virginia Department of Agriculture and Consumer Services renewed its lease for 1,977 square feet of office space at 5700 Thurston Avenue in Virginia Beach. Krista Costa and Nicole Campbell represented the landlord.
  • School of Rock renewed its lease for 1,949 square feet of retail space in Ashburn Square Shopping Center at 20660 Ashburn Road in Ashburn, Va. Susan McGee represented the landlord.
  • The Law Office of Peter S. Lake, PC renewed its lease for 1,489 square feet of office space in Southport Centre at 4525 South Boulevard in Virginia Beach. Elizabeth Paasch and Chris Bendit represented the landlord.
  • Little Caesar’s Pizza renewed its lease for 1,250 square feet of retail space in Todd Center at 2124-2330 West Mercury Boulevard in Hampton. Aeri Jai and Mary McGovern represented the landlord.
  • Airtrack Devices renewed its lease for 1,200 square feet of retail space in Wendover Village at 114215 West Wendover Avenue in Greensboro, NC. Charles Neil represented the landlord
  • Williams O’Delicious renewed its lease for 1,040 square feet of retail space in the Todd Center at 2124-2330 West Mercury Boulevard in Hampton. Aeri Jai and Mary McGovern represented the landlord.
  • Material Software Systems renewed its lease for 967 square feet of office space in Fountain Park at 9327 Midlothian Turnpike in Richmond. Eric Hammond, Dean Foster and John Madures 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 37 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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