Divaris Real Estate’s Hampton Roads Office Completes Seven Transactions Totaling 16,968 Square Feet

Posted on July 29, 2019  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of seven lease transactions totaling 16,968 square feet of commercial space.

Lease Renewals

Bravo! Cucina Italiano in Town Center of Virginia Beach

Bravo! Cucina Italiano in Town Center of Virginia Beach

Bravo! Cucina Italiano renewed its lease for 7,946 square feet of retail space in the Divaris-leased and -managed Town Center of Virginia Beach located at 193 Central Park Avenue.  Gerald Divaris, Erica Rorrer and Sezin Cortinas represented the landlord in the lease negotiations.   Other restaurants in Town Center of Virginia Beach include Ruth’s Chris Steak House, P.F. Chang’s China Bistro, California Pizza Kitchen, Gordon Biersch Brewery, McCormick’s & Schmick’s, The Cheesecake Factory, Tupelo Honey, Yard House and many others.

Todds Lane Grocery renewed its lease for 1,210 square feet of retail space in the Divaris-leased Todd Shopping Center located at 2314 Mercury Boulevard in Hampton, Va.  Aeri Jai and Mary McGovern represented the landlord in the lease negotiations.  Other tenants in Todd Shopping Center include: Big Lots, Office Depot, Northern Tool and Equipment, Grand Furniture, Advance Auto Parts, Lumber Liquidators, Catherine’s, Subway and Patient First.

Lease Transactions

Hand & Stone leased 2,855 square feet of retail space in Landstown Place located at 1909 Landstown Centre Way in Virginia Beach.   George Fox represented the tenant in the lease negotiations.

JS Held leased 1,850 square feet of office space in the Divaris-leased Russo Building located at 4669 South Boulevard in Virginia Beach.  Krista Costa and Nicole Campbell represented the landlord in the lease negotiations.

Regional Finance leased 1,588 square feet of office space in the Divaris-leased Windwood Centre located at 780 Lynnhaven Parkway in Virginia Beach.  Elizabeth Paasch and Vivian Turok represented the landlord in the lease negotiations.

Aqua S leased 1,073 square feet of retail space in the Hickman Place Shopping Center located at 2204 General Booth Boulevard in Virginia Beach.   Aeri Jai represented the tenant in the lease negotiations.   This is the first location in Virginia for the Australia-based soft-serve ice cream retailer.   Jai represents Aqua S in its search for new sites throughout Hampton Roads and Virginia.

Hygenia Kitchen & Wine Bar leased 2,786 square feet in the Divaris-leased 3 East Mellen Street property in Hampton, Va.  Missy Martinovich represented the landlord in the lease negotiations.

Dermalogica leased 446 square feet of office space located at 70 University Avenue in Toronto, Ontario, Canada.   Michael Divaris and Krista Costa represented the tenant in the lease negotiations. Divaris has been the exclusive real estate representative of Dermalogica for over 18 years for its real estate requirements in the U.S. and Canada. DRE has completed over 30 transactions including securing business unit offices in major cities across the country, placement of a distribution center on the East Coast, and relocation of Dermalogica’s global operations headquarters and distribution facility in Los Angeles.

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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