Divaris Real Estate Announces $9 Million and 107,905 Square Feet in Completed Transactions for June 2019

Posted on July 12, 2019  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of 22 transactions totaling $9,093,820 and 107,905 square feet of sold, leased and renewed commercial property throughout Virginia; North and South Carolina and metropolitan Washington, DC markets in June 2019.

Sales Transactions

  • Walmart Edinburgh West Shopping Center

    Walmart anchors Edinburgh West Shopping Center in Chesapeake

    Edinburgh Animal Hospital purchased a 1.17-acre parcel in Edinburgh West Shopping Center at 201 Hillcrest Parkway in Chesapeake, Va from Wal-Mart Stores East, LP for $700,000. Levi Thomson represented the buyer.

  • Richard Levin purchased 8,480 square feet of retail space at 221 East Mellen Street in Hampton, Va from Phoebus Post 48 American Legion for $600,000. Melissa Martinovich represented both the buyer and the seller.

Lease Transactions

  • Big Lots leased 29,595 square feet of retail space in Todd Shopping Center at 735 Thimble Shoals Boulevard in Newport News, Va. Aeri Jai and Mary McGovern represented the landlord.
  • Motion Industries leased 15,400 square feet of industrial space in the AdBel Business Center at 8801-8899 Whitepine Road in Chesterfield, Va. Brett McNamee and Eric Hammond represented the tenant.
  • WC Tae Kwon Do leased 4,670 square feet of retail space in Oyster Point Plaza at 300 Oyster Point Road in Newport News, Va. George Fox represented the landlord.
  • Roy Jorgenson Associates leased 3,300 square feet of office/warehouse space at 80 LaBrook Concourse in Richmond. John Madures represented the landlord.
  • Typhoon Noodles leased 3,008 square feet of retail space at 1834 Hendersonville Road in Asheville, NC. Diana Teitsma represented the landlord.
  • The Simple Greek leased 2,000 square feet of retail space in Landstown Commons Shopping Center at 3388 Princess Anne Road in Virginia Beach. Levi Thomson and Kristopher Fuller represented the landlord.
  • 418 Dive Training Center leased 1,865 square feet of retail space at 11 East Mellen Street in Hampton. Melissa Martinovich represented the landlord.
  • BurgerIM leased 1,606 square feet of retail space in Winterfield Crossing at 6709 Lake Harbour Drive in Midlothian, Va. Peter Vick and Harrison Hall represented the landlord.
  • Urban Baby Beginnings leased 1,600 square feet of office space at 211 North 18th Street in Richmond. Eric Hammond and Laikyn Severson represented the landlord.
  • Adele Diamond leased 1,600 square feet of retail space in Crossways Shopping Center at 1412 Greenbrier Parkway in Chesapeake. David Redmond represented the landlord.
  • Domoishi leased 1,368 square feet of retail space in Chesapeake Square Place at 2400 Chesapeake Square Ring Road in Chesapeake. Aeri Jai represented the tenant.
  • Stencil & Knot leased 1,200 square feet of retail space at 9651A First View Street in Norfolk, Va. Nicole Campbell represented the tenant.
  • Mighty Meals leased 1,140 square feet of retail space in Berkshire Shops at 1296 South Battlefield Boulevard in Chesapeake. Kayla Olson represented the landlord.
  • Flawless Skin leased 906 square feet of retail space at 968 South Oriole Drive in Virginia Beach. Kayla Olson represented the tenant.
  • Pita Pit leased 898 square feet of retail space at 805 West Cary Street in Richmond. Peter Vick and Harrison Hall represented the landlord.
  • Hungry Heart leased 850 square feet of retail space at 812 North Robinson Street in Richmond. Brett McNamee and Laikyn Severson represented the tenant.
  • PAL Painting and Construction Services leased 815 square feet of office space at 5935 Hopkins Road in Richmond. Eric Hammond represented the landlord.
  • The Gallery on Mellen leased 725 square feet of retail space at 13 East Mellen Street in Hampton. Melissa Martinovich represented the landlord.

Lease Renewals

  • Dollar General renewed its lease for 6,000 square feet of retail space in Diamond Springs North Shopping Center at 1948 Diamond Springs Road in Virginia Beach. George Fox and Kristopher Fuller represented the landlord.
  • Dollar Bank renewed its lease for 2,310 square feet of retail space in the Bank @Lantec Center at 1580 Crossways Boulevard in Chesapeake. Kayla Olson represented the landlord.
  • 9 Par renewed its lease for 2,082 square feet of retail space in the 360 West Shopping Center at 7102 East Hull Street Road in Richmond. Sara Goodall and Laikyn Severson represented the landlord.
  • Insight Technology Solutions renewed its lease for 1,670 square feet of office space in Harbour Breeze Professional Center, Building 4 at 1530 Breezeport Way in Suffolk, Va. Krista Costa and Nicole Campbell represented the landlord.
  • Bravo Dance Academy renewed its lease for 1,507 square feet of retail space in Renaissance Square at 11124 Renaissance Drive in Davidson, NC. Charles Neil represented the landlord.
  • Allstate renewed its lease for 1,480 square feet of retail space in Berkshire Shops at 1296 South Battlefield Boulevard in Chesapeake. Kayla Olson represented the landlord.
  • Avail Vapor renewed its lease for 1,378 square feet of retail space in Patterson Place at 3515 Witherspoon Boulevard in Durham, NC. Diana Teitsma and Charles Neil represented the landlord.
  • Score More Sports Collectibles renewed its lease for 1,052 square feet of retail space in Harper Hill Commons at 4944 Martin View Lane in Winston-Salem, NC. Charles Neil represented the landlord.

About Divaris Real Estate
Divaris Real Estate, Inc. (http://www.divaris.com) 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 approximately 31 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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