Divaris Real Estate’s Hampton Roads Office Completes 11 Transactions Totaling 25,703 Square Feet

Posted on June 03, 2019  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of 11 transactions totaling 25,703 square feet in the greater Hampton Roads region.

Lease Transactions

Ahoskie Commons Shopping Center in Ahoskie, NC

Ahoskie Commons Shopping Center in Ahoskie, NC

Aaron’s leased 7,040 square feet of retail space in the Divaris-leased Ahoskie Commons shopping center located at 1474 East Memorial Drive in Ahoskie, North Carolina.  George Fox represented the landlord in the lease negotiations.   Other tenants in the Food Lion-anchored Ahoskie Commons include Belk, Tractor Supply Co., Ollie’s Bargain Outlet, Subway, Cato Fashions, Enterprise, H&R Block and Hwy 55 Burgers.

Vino Italian Bistro leased 4,000 square feet of retail space in the Divaris-leased and -managed Fairfield Shopping Center located at 5242 Fairfield Shopping Center in Virginia Beach.   George Fox represented the landlord in the lease negotiations.  Fairfield Shopping Center is anchored by Food Lion, with other tenants that include T.J. Maxx, Rite Aid, Five Guys Burgers and Fries, Moe’s Southwest Grill, Starbuck’s and Verizon.

Orangetheory Fitness leased 3,000 square feet of retail space in Greenbrier South located at 801 Volvo Parkway in Chesapeake, Va.  George Fox represented the tenant in the lease negotiations.

ProModel Corporation subleased 2,526 square feet of office space located at 477 Viking Drive in Virginia Beach.  Krista Costa and Nicole Campbell represented the sub-tenant in the lease negotiations.   

Innate Networks leased 1,837 square feet of office space in Greenbrier Towers II located at 870 Greenbrier Circle in Chesapeake, Va.  Elizabeth Napolitano represented the tenant in the lease negotiations.

New Virginia Majority leased 1,620 square feet of office space in the Divaris-leased Northampton Executive Center located at 1300 Diamond Springs Road in Virginia Beach.  Krista Costa and Nicole Campbell represented the landlord in the lease negotiations.

Domino’s Pizza leased 1,432 square feet of retail space in the Divaris -leased and -managed East Beach Marketplace located at 4017 East Little Creek Road in Norfolk, Va.   George Fox represented the landlord in the lease negotiations.  The Food Lion-anchored East Beach Marketplace also has as tenants Planet Fitness, Sushi King, Family Dollar, Bon Secours, Tropical Smoothie, Jimmy John’s and the Hair Cuttery.

Seafood Shack leased 1,200 square feet of retail space in the Divaris-leased and -managed Oyster Point Square located at 11710 Jefferson Avenue in Newport News, Va.  George Fox represented the landlord in the lease negotiations.  Tenants in the Food Lion-anchored Oyster Point Square include:  Family Dollar, UPS store, BB&T and Cricket wireless.

Lease Renewals

Fairfield Flowers renewed its lease for 1,440 square feet of retail space in the Divaris-leased and -managed Fairfield Shopping Center located at 5194 Fairfield Shopping Center in Virginia Beach.  George Fox and Kris Fuller represented the landlord in the lease negotiations.

Best Family Hairstyling renewed its lease for 1,008 square feet of retail space in the Divaris-leased and -managed Fairfield Shopping Center located at 5242 Fairfield Shopping Center in Virginia Beach.  George Fox and Kris Fuller represented the landlord in the lease negotiations.

Gold Rush Jewelers renewed its lease for 600 square feet of retail space in the Divaris-leased and -managed Fairfield Shopping Center located at 5242 Fairfield Shopping Center in Virginia Beach.  George Fox and Kris Fuller represented the landlord in the lease negotiations.

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 over 30 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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