Divaris Real Estate Sells Sentara Corporate Center

Posted on January 17, 2002  /  in News Releases  /  No Comments

Virginia Beach, Virginia:  Gerald S. Divaris, Chairman and CEO of Divaris Real Estate, Inc., announced the sale of the 76,012 square foot Sentara Corporate Center, located at 4417 Corporation Lane in Virginia Beach, Virginia to KNW, Corp.

Sentara Corporate Center is an office building that is fully leased to Sentara Healthcare.  Sentara Healthcare is the premiere healthcare provider in southeastern Virginia and northeastern North Carolina, operating more than 70 caregiving sites; including six hospitals, three outpatient health care campuses, seven nursing centers, three assisted living centers, 24 primary care practices, a full range of health coverage plans, home health and hospice services, physical therapy and rehabilitation services, ground and air medical transport services, mobile diagnostic vans and fitness facilities.

Danny Finkle and Michael Divaris of DRE’s Virginia Beach, Virginia office represented the Seller, Crown Life Insurance Company, in the negotiations.

Divaris Real Estate, Inc. is headquartered in Virginia Beach, Virginia with offices in Norfolk, Chesapeake, Newport News, and Richmond, Virginia; Charlotte, North Carolina; Atlanta, Georgia; Rockville, Maryland; and Boca Raton, Tampa, Hollywood and St. Augustine, Florida. It is an international real estate brokerage and property management company that currently manages and/or leases in excess of 28.2 million square feet of prime office, retail, and industrial space throughout the Mid-Atlantic and Southeastern states.  Divaris Real Estate, Inc. is a member of Realty Resources, a national group of independent retail property brokers and managers covering 75 major markets throughout the United States.  DRE is also the Virginia affiliate for The CORE Network, a national group of full-service commercial and industrial brokers with affiliates throughout the U.S., Canada, Mexico, Asia and  Europe.  These organizations represent corporate and institutional clients, as well as 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.

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