Divaris Real Estate Announces $32 Million and 264,361 Square Feet in Completed Transactions for March 2018

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

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of $32,169,974 transactions totaling 264,361 square feet of sold, leased and renewed commercial property in the Hampton Roads, Richmond, Charlotte, and Washington, DC markets in March 2018.

Sales Transactions

  • Virginia Eye Consultants, Norfolk

    Virginia Eye Consultants, Norfolk

    Montecito Medical Real Estate purchased the 34,177-square-foot, Virginia Eye Consultants headquarters building at 241 Corporate Boulevard in Norfolk, Virginia, for an undisclosed price from Virginia Eye Development, LLC. Alex Divaris, CCIM, Jason Oliver, CCIM and Vivian Turok represented the seller in the sale-leaseback transaction.

  • Virginia’s All-American Movers purchased two buildings of 14,000 square feet at 5050 and 5070 Cell Tower Drive in Roanoke, Virginia from The Storage Bins, Inc. for $1,065,000. Sam McCoy brokered the sale for the buyer.
  • Richland County, South Carolina purchased the 29,484-square-foot, former Haverty Furniture building at 1430 West Colonial Life Boulevard in Columbia, South Carolina from Haverty Furniture Company for $1,050,000. Diana Teitsma represented the seller.
  • Capitol Holding purchased 1,500 square feet of office space at 1325 18th Street NW in Washington, DC from Rex Hoang for $775,000. Rob Gray represented the seller.
  • Vigario Land MD purchased an 1,890-square-foot former PNC Bank at 3901 Jefferson Pike in Jefferson, Maryland from PNC Bank, NA for $550,000. Joe Farina and Amit Grover represented the seller.
  • Islamic Society of Princess Anne, Maryland purchased the 7,040-square-foot, former PNC Bank at 11732 Somerset Avenue in Princess Anne, Md from PNC Bank, NA, for $100,000. Farina and Grover represented the seller.

Lease Transactions

  • Surge Trampoline Park leased 42,315 square feet of retail space at 3333 North Main Street in Hope Mills, NC. Diana Teitsma represented the landlord.
  • Northwestern Mutual leased 11,995 square feet of office space in One Columbus Center at 283 Constitution Drive in the Town Center of Virginia Beach. Michael Divaris, Vivian Turok and Krista Costa represented the landlord.
  • Burn Boot Camp/Midlothian Fitness leased 5,700 square feet of retail space in Woodlake Commons at 6800 Woodlake Commons Loop in Midlothian, Va. Peter Vick and Harrison Hall represented the landlord.
  • Fratelli’s Italian Restaurant leased 5,003 square feet of retail space in Cross Stone Commons at 200 Middletown Parkway in Middletown, Maryland. Rob Gray represented the tenant.
  • H&B Surveying and Mapping leased 4,324 square feet of office space at 614 Moorefield Park Drive in Richmond. Hammond and Foster represented the landlord.
  • Superstore International Market leased 4,000 square feet of retail space at 202 Fort Meade Road in Laurel, Md. Gray and Farina represented the landlord.
  • Apex Systems leased 4,000 square feet of office space in the Armada Hoffler Tower at 222 Central Park Avenue in the Town Center of Virginia Beach. Michael Divaris, Vivian Turok and Krista Costa represented the landlord.
  • Virginia ABC Store leased 3,285 square feet of retail space at 188 Central Park Avenue in the Town Center of Virginia Beach. Sezin Cortinas, Gerald Divaris and Erica Rorrer represented the landlord.
  • Civitas Health Services leased 3,250 square feet of office space in Executive Cove at 5606 Virginia Beach Boulevard in Virginia Beach, Va. Chris Bendit represented the landlord.
  • Bodymass Gym leased 3,061 square feet of retail space at 2833 Georgia Avenue, NW in Washington, DC. Brandon Howard represented the landlord.
  • Park Group leased 3,000 square feet of office space in the Exchange Alley Building located at 23-25 South 13th Street in Richmond. Hammond and Foster represented the landlord.
  • Virginia ABC leased 3,000 square feet of retail space in Woodlake Commons at 7028-7032 Woodlake Commons Loop in Midlothian. Vick and Hall represented the landlord.
  • VA Shirt Shop leased 2,850 square feet of retail space at 2107 Dabney Road in Richmond. Vick and Hall represented the tenant.
  • Banfield Pet Hospital leased 2,520 square feet of retail space in Haygood Shopping Center at 1021 Independence Boulevard in Virginia Beach. George Fox represented the landlord.
  • Stemtree Education Center leased 2,517 square feet of retail space at 228 West Broad Street in Falls Church, Va. Gray represented the tenant.
  • BayPort Credit Union leased 2,391 square feet of retail space in Hampton Roads Crossing at 1013 University Boulevard in Suffolk, Va. Levi Thomson represented the landlord.
  • Rebound Chiropractic leased 2,000 square feet of retail space at 12103 Jefferson Avenue in Newport News, Va. Karen Beale, SIOR represented the landlord and the tenant.
  • Sage Management Enterprises leased 2,000 square feet of office/warehouse space in Oyster Point West at 311-K Ed Wright Lane in Newport News, Va. Beale represented the tenant.
  • B Cause leased 1,959 square feet of office space in Greenwich Centre at 192 Ballard Court in Virginia Beach. Paasch represented the tenant.
  • Center for Effective Change leased 1,943 square feet of office space in 512 South Lynnhaven Road Building in Virginia Beach. Paasch represented the tenant.
  • Creative Nails leased 1,875 square feet of retail space in Colony Square at 1303 Jamestown Road in Williamsburg, Va. Missy Martinovich represented the tenant.
  • Bishops leased 1,796 square feet of retail space at 1742 Connecticut Avenue, NW in Washington, DC. Gray and Farina represented the tenant.
  • Red Maverick Media leased 1,616 square feet of office space at 104 North 19th Street in Richmond. Ali McCrickard and Dean Foster represented the landlord.
  • The Original Larry’s Hard Lemonade Brewing Co. leased 1,600 square feet of retail space at 524 Water Street in Yorktown, Va. Martinovich represented the tenant.
  • QS/1 Data Systems leased 1,500 square feet of office space in Atlee Medical Park at 8201 Atlee Road in Mechanicsville, Va. Hammond represented the landlord.
  • Therapeutic Alliance leased 1,483 square feet of office space in Windwood Centre at 780 Lynnhaven Parkway in Virginia Beach. Turok and Paasch represented the landlord.
  • Tower Associates leased 1,400 square feet of retail space in the Walnut Hill Market Shopping Center at 2130 South Crater Road in Petersburg, Va. Hammond and Foster represented the landlord.
  • COMSEC leased 1,307 square feet of office space in Southport Centre at 4525 South Boulevard in Virginia Beach. Paasch and Bendit represented the landlord. Krista Costa and Katherine Olson represented the tenant.
  • Priya Spices leased 1,200 square feet of retail space in Old Ashburn Square at 20630 Ashburn Road in Ashburn, Va. Susan McGee represented the landlord.
  • ROIL, LLC leased 1,168 square feet of office space at 1206 Laskin Road in Virginia Beach. Turok and Paasch represented the landlord.
  • Teriyaki Express leased 1,100 square feet of retail space in the Wilson Plaza at 6613 Wilson Boulevard in Falls Church, Va. Charlie Webb and Farina represented the landlord and the tenant.
  • Personal Esthetics leased 951 square feet of retail space at 1762 Columbia Road, NW in Washington, DC. Gray represented the landlord.
  • WEG2G leased 951 square feet of retail space at 1762 Columbia Road, NW in Washington, DC. Gray represented the landlord.
  • Nu Image Hair leased 750 square feet of retail space in Victorian Square Shopping Center. John Madures represented the landlord. Cheryle Toy represented the tenant.
  • West End Lock and Security leased 748 square feet of office/warehouse space in The Enterprise Building at 2714A Enterprise Parkway in Richmond. Foster represented the tenant.
  • US Financial Group of Virginia CPAs leased 583 square feet of office space in Fountain Park at 9321-9327 Midlothian Turnpike in Richmond. Hammond and Madures represented the landlord.
  • Jose Garcia leased 426 square feet of office space in the 360 West Shopping Center Office building at 7202 Hull Street Road in Richmond. Sara Goodall represented the landlord.
  • State Employee Credit Union leased 87 square feet of retail space in Providence Plaza for an automated teller machine (ATM) at 2907 Providence Road in Charlotte. Charles Neil and Hutch Farris represented the landlord.

Lease Renewals

  • Schmidt Baking Company renewed its lease for 17,000 square feet of industrial space at 5200 City Line Road in Hampton, Va. Bendit represented the landlord.
  • Dollar General Stores renewed its lease for 8,450 square feet of retail space in Lynnhaven Green Shopping Center at 1505 Lynnhaven Parkway in Virginia Beach, Va. David Bickford represented the landlord.
  • Plato’s Closet renewed its lease for 4,400 square feet of retail space in Crossways Shopping Center at 836 Eden Way North in Chesapeake. Dave Redmond represented the landlord.
  • Clothes Mentor renewed its lease for 4,091 square feet of retail space in the Lynnhaven North Shopping Center at 2701 North Mall Drive in Virginia Beach. Redmond represented the landlord.
  • McAlister’s Deli renewed its lease for 3,240 square feet of retail space in Waynesboro Town Center on Town Center Drive in Waynesboro, Va. Brett McNamee and Ali McCrickard represented the landlord
  • Mezzanotte Pizzeria & Ristorante renewed its lease for 3,003 square feet of retail space in Providence Plaza at 2907 Providence Road in Charlotte. Charles Neil represented the landlord.
  • Confetti Caffe renewed its lease for 1,832 square feet of retail space in Town Center of Virginia Beach at 233 Market Street. Sezin Cortinas, Erica Rorrer and Gerald Divaris represented the landlord.
  • Best Law Offices, PC renewed its lease for 1,400 square feet of office space in Two Columbus Center at 4500 Main Street in Town Center of Virginia Beach. Krista Costa, Vivian Turok and Michael Divaris represented the landlord.
  • Dry Cleaners Unlimited renewed its lease for 1,200 square feet of retail space in the Renaissance Square at 11094 Renaissance Drive in Kannapolis, NC. Neil and Farris 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 34 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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