Divaris Real Estate’s Hampton Roads Office Completes Seven Transactions Totaling 12,106 Square Feet

Posted on July 10, 2019  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of seven lease transactions totaling 12,106 square feet of commercial space throughout greater Hampton Roads.

Lease Transactions

Food Lion Anchored Oyster Point PLaza, Newport News, Va

Food Lion Anchored Oyster Point PLaza, Newport News, Va

WC Tae Kwon Do leased 4,670 square feet of retail space in the Divaris-leased Oyster Point Plaza located at 300 Oyster Point Road in Newport News, Va. George Fox represented the landlord in the lease negotiations. Oyster Point Plaza is a Food Lion-anchored center with tenants that include Starbucks, Bonefish Grill, Subways, State Farm, Edible Arrangements and Sherwin Williams.

Adele Diamond leased 1,600 square feet in the Divaris-leased Crossways Shopping Center located at 1412 Greenbrier Parkway in Chesapeake.  David Redmond represented the landlord in the lease negotiations.  Tenants in Crossways Shopping Center include: Ross Dress for Less, DSW, T.J. Maxx, ULTA Beauty, Marshalls, Value City Furniture, Kirklands, Michaels, Panera Bread and The Vitamin Shoppe.

Mighty Meals leased 1,140 square feet of retail space in the Divaris-leased Berkshire Shops located at 1296 South Battlefield Boulevard in Chesapeake.  Kayla Olson represented the landlord in the lease negotiations.

Flawless Skin leased 906 square feet of retail space located at 968 South Oriole Drive in Virginia Beach.  Kayla Olson represented the tenant in the lease negotiations.

Lease Renewals

Dollar General renewed its lease for 6,000 square feet of retail space in the Divaris-leased and -managed Diamond Springs North Shopping Center located at 1948 Diamond Springs Road in Virginia Beach.  George Fox and Kristopher Fuller represented the landlord in the lease negotiations.   Other tenants in the property include Little Creek Service Center, National Auto Care and Jamaica Inn Sports Pub.

Dollar Bank renewed its lease for 2,310 square feet of retail space in the Divaris-leased Retail at Bank @Lantec Center located at 1580 Crossways Boulevard in Chesapeake. Kayla Olson represented the landlord in the lease negotiations. Bank @Lantec tenants include Los Burritos and Royale Beauty Bar in the shopping center.

Allstate renewed its lease for 1,480 square feet of retail space in the Divaris-leased Berkshire Shops located at 1296 South Battlefield Boulevard in Chesapeake.  Kayla Olson 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.

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