Divaris Real Estate’s Hampton Roads Office Completes 28 Transactions Totaling 122,953 Square Feet

Posted on September 09, 2019  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of 28 transactions totaling 122,953 square feet of commercial space throughout Hampton Roads, Virginia.

Sale Transactions

Green Run Medical Plaza, 2010 South Independence Blvd, Virginia Beach, Va

Green Run Medical Plaza, 2010 South Independence Blvd, Virginia Beach, Va

L&TJ Enterprises purchased the10,535-square-foot Green Run Medical Plaza located at 2020 South Independence Boulevard in Virginia Beach from Davidson Physician Associates for $1,065,000.  Jason Oliver represented the seller in the negotiations.  The property is a single-story multi-tenanted medical office building built in 1984.  It is situated on heavily traveled South Independence Boulevard between Lynnhaven and Princess Anne Road, 1.5 miles from Sentara Princess Anne Hospital.

Joseph Smith, Ltd purchased a 16,527-square-foot office building located at 27 West Queens Way in Hampton, Virginia from TRE Properties, Inc. for $885,000.   The property is a multi-tenant, three-story brick structure on .21 acres of land.  Levi Thomson represented the buyer in the negotiations.

Richard Levin purchased an assemblage of properties including 11 East Mellen Street, 15 East Mellen Street and 14 East County Street in Hampton from Thomas Jackson, Gendolyn Martin and Nancy Jackson for $625,000.   Eleven East Mellen Street consists of a two-story, 5,644-square-foot building on .11 acres, 15 East Mellen consists of a two-story, 1,233-square-foot building on .05 acres, and 14 East County Street consists of a one-story, 1,472-square-foot building on .07 acres.  Missy Martinovich represented the buyer in the negotiations.

Vimal Patel purchased a 2,542-square-foot former 7-Eleven store located at 13131 Warwick Boulevard in Newport News, Va from MNG Bayview, LLC for $205,000. George Fox and Kris Fuller represented the seller, and Aeri Jai represented the buyer in the negotiations.

Lease Transactions

Cantina Laredo leased 7,612 square feet of retail space in the Divaris-leased and -managed Town Center of Virginia Beach, Block 9 located at 4505 Commerce Street in Virginia Beach.   Sezin Cortinas, Gerald Divaris, Erica Rorrer and Lei Thomson represented the landlord in the lease negotiations.   The modern Mexican restaurant will be on the second floor of the newest block in the Town Center of Virginia Beach, above Pottery Barn and Williams Sonoma.  Other restaurants in Town Center include Ruth’s Chris Steak House, PF Changs, The Cheesecake Factory, California Pizza Kitchen, Bravo Cucina Italiano, McCormick & Schmick’s, Yard House, Shake Shack, Gordon Biersch Brewery and many more.

Cava Mezze Grill leased 2,657 square feet of retail space in the Divaris-leased and -managed Columbus Village Shopping Center located at 4485 Virginia Beach Boulevard in Virginia Beach.  Sezin Cortinas, Gerald Divaris and Erica Rorrer represented the landlord in the lease negotiations.   The Greek/Mediterranean restaurant will occupy space fronting onto Virginia Beach Boulevard that was formerly part of the downsized Barnes & Noble store.

Shannon & Associates, P.C. leased 2,346 square feet of office space located at 840 Greenbrier Circle in Chesapeake, Va.   Krista Costa and Nicole Campbell represented the tenant in the lease negotiations.

Domoishi leased 2,000 square feet of retail space in the Shops at the Arboretum located at 9101 Midlothian Turnpike in Richmond, Va.  Aeri Jai represented the tenant in the lease negotiations.  Domoishi has 13 signed locations as of today and five more expected by the end of the year.  Aeri Jai is master broker for Domoishi throughout the country.

Specialists for Women leased 1,950 square feet of office space in the Divaris-leased Harbour Breeze Professional Center located at 1510 Breezeport Way in Suffolk, Va.   Krista Costa and Nicole Campbell represented the landlord in the lease negotiations.

Domoishi leased 1,646 square feet of retail space in Denbigh Village Centre located at 14346 Warwick Boulevard in Newport News, Va.   Aeri Jai represented the tenant in the lease negotiations.

Defenders, Inc. leased 1,625 square feet of retail space in the Divaris-leased Executive Cove located at 5606 Virginia Beach Boulevard in Virginia Beach.  Kayla Olson represented the landlord in the lease negotiations.

Almloff Acupuncture leased 1,311 square feet of office space in the Divaris-leased property located at 361 Southport Circle in Virginia Beach.    Krista Costa and Nicole Campbell represented the tenant while Vivian Turok and Jason Oliver represented the landlord in the lease negotiations.

The Honey House Boutique leased 1,200 square feet of retail space in the Divaris-leased property located at 9 East Mellen Street in Hampton.   Missy Martinovich represented the landlord in the lease negotiations.

Dermalogica leased 999 square feet of retail space located at 603 West Knoll Drive in West Hollywood, California.  Maria Hammerson represented the tenant in the lease negotiations.

Ardency Salon leased 870 square feet of retail space located at 516 South Independence Boulevard in Virginia Beach.  Krista Costa and Nicole Campbell represented the tenant in the lease negotiations.

Telko Trade leased 678 square feet of retail space in the Divaris-leased Roosevelt Gardens located at 7938 Halprin Drive in Norfolk.   George Fox and Kris Fuller represented the landlord in the lease negotiations.

Lease Renewals

Petsmart renews lease at 4421 Virginia Beach Blvd, Virginia Beach, Va

Petsmart renews lease at 4421 Virginia Beach Blvd, Virginia Beach, Va

Petsmart renewed its lease for 21,600 square feet located at 4421 Virginia Beach Boulevard in Virginia Beach.  Gerald Divaris represented the landlord in the lease negotiations.

Heart & Soul renewed its lease for 7,679 square feet of retail space in the Divaris-leased property located at 6147 Jefferson Avenue in Newport News, Va.  Missy Martinovich represented the landlord in the lease negotiations.

Midgett Preti Olansen PC renewed its lease for 5,186 square feet and expanded its premises by 3,084 square feet for a total of 8,270 square feet of office space in Reflections IV located at 2901 South Lynnhaven Road in Virginia Beach.   Krista Costa and Vivian Turok represented the tenant in the lease negotiations.

Hallmark Card Shop renewed its lease for 4,600 square feet of retail space in the Divaris-leased York River Crossing located at 2340 York Crossing Drive in Hayes, Va.    Mary McGovern and Ari Jai represented the landlord in the lease negotiations.

Juan Holt leased 4,100 square feet of retail space, expanding its premises in the Divaris-leased Larkspur Square located at 4732 Princess Anne Road in Virginia Beach.  Kayla Olsen represented the landlord in the lease negotiations.

Williamsburg Orthodontics, PLLC renewed its lease for 3,931 square feet of office space in the Divaris-leased and -managed Medical Building of Courthouse Green of Williamsburg located at 4097 Ironbound Road in Williamsburg, Va.  Karen Beale, SIOR represented the landlord in the lease negotiations.

Dermalogica renewed its lease for 2,107 square feet of office space at The Atrium located at 234 Mall Boulevard in King of Prussia, Pennsylvania.   Michael Divaris and Krista Costa represented the tenant in the lease negotiations.

Metro Elite Corp renewed its lease for 1,250 square feet of retail space in the Divaris-leased and -managed property located at 550 Oyster Point Road in Newport News, Va.   Karen Beale, SIOR represented the landlord in the lease negotiations.

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

Rita’s Ice renewed its lease for 927 square feet of retail space in the Divaris-leased Fairfield Shopping Center located at 5242 Fairfield Shopping Center in Virginia Beach.  George Fox and Kris Fuller represented the landlord in the lease negotiations.

Commonwealth Insurance Center renewed its lease for 800 square feet of retail space in the Divaris-leased York River Crossing located at 2340 York Crossing Drive in Hayes, Va.    Mary McGovern and Ari Jai represented the landlord in the lease negotiations.

Tru Fade renewed its lease for 750 square feet of retail space in the Divaris-leased and -managed West Little Creek Shoppes located at 129-143 West Little Creek Road in Norfolk.   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 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.

###

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedIn

Tags: , , , , , , , , , , ,

Comments are closed.