VIRGINIA BEACH, VA (December 10, 2019) — Divaris Real Estate, Inc. (DRE) announces the completion of a lease transaction totaling 28,547 square feet of office space in Virginia Beach.

Lease Transactions

Gather Workspaces leased 28,547 square feet of office space in the Divaris-leased and -managed Town Center Block 3 building located at 249 Central Park Ave. in the Town Center of Virginia Beach. This marks the third Gather location in the Hampton Roads region, with the others being in Norfolk and Newport News.

Michael Divaris, Vivian Turok and Krista Costa represented the landlord in the lease negotiations.

The company will occupy the entire third floor of the mixed-use building and begin renovation in early 2020 with an expected completion of June 2020. When completed, the spacious location at Gather Virginia Beach will accommodate roughly 515 members with more than 156 private offices and larger office suites for enterprise-level clients, open area workspaces, event space and a range of conference rooms and meeting spaces.

First floor tenants in Block 3 include Brooks Brothers, Keagan’s Irish Pub, Gordon Biersch Brewery Restaurant, The Cheesecake Factory, Virginia Sports Hall of Fame and Macaron Tart. HDR Engineering occupies the second floor of 249 Central Park Ave. With the addition of Gather, the office space in the building is now 100 percent leased. The gross leasable area of office space in the Town Center of Virginia Beach totals 813,241 square feet and is now 98 percent leased.

ABOUT GATHER LLC

Founded in 2014, Gather Workspaces LLC designs, builds and operates coworking, dedicated desks, and private office communities. In a single bundled price, members receive 24/7 access to Class A office space, amenities, Wi-Fi and utilities, social events, and state-of-the-art meeting rooms. Learn more: www.workatgather.com.

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.

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