Divaris Real Estate’s Hampton Roads Office Completes Four Transactions Totaling 12,045 Square Feet

Posted on March 09, 2018  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of four transactions for 12,045 square feet of new and renewed commercial space throughout the greater Hampton Roads, Virginia market.

Lease Transactions

Executive Cove Center, Virginia Beach, VA

Executive Cove Center, Virginia Beach, VA

Civitas Health Services leased 3,250 square feet of office space in the Divaris-leased Executive Cove located at 5606 Virginia Beach Boulevard in Virginia Beach, Va. Chris Bendit represented the landlord in the lease negotiations and Eric Hammond represented the tenant.

Banfield Pet Hospital leased the 2,520-square-foot, former Payless Shoesource endcap space in Haygood Shopping Center at 1021 Independence Boulevard in Virginia Beach. George Fox represented the landlord in the lease negotiations. Other tenants in the Divaris-leased center include Farm Fresh, Marshalls, Dollar Tree, Rite Aid, and Chick-Fil-A.

Creative Nails leased 1,875 square feet of retail space in Colony Square located at 1303 Jamestown Road in Williamsburg, Va. Missy Martinovich handled the lease negotiations on behalf of the tenant.

Lease Renewal
Plato’s Closet renewed its lease for 4,400 square feet of retail space in the Divaris-leased Crossways Shopping Center located at 836 Eden Way North in Chesapeake, Va. Dave Redmond represented the landlord in the lease negotiations. Other tenants in Crossways Shopping Center include: Ross Dress for Less, Marshalls, T.J.Maxx, ULTA, Value City Furniture, Michael’s, Rack Room Shoes, Panera and Kirklands.

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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