Divaris Real Estate’s Hampton Roads Office Completes Six Transactions Totaling 19,777 Square Feet

Posted on February 23, 2018  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of six transactions for 19,777 square feet of new and renewed space throughout the greater Hampton Roads, Virginia market.

Lease Transactions

5700 Thurston Avenue, Virginia Beach, VA

5700 Thurston Avenue, Virginia Beach, VA

Community Alternatives leased 10,835 square feet of office space located at 5700 Thurston Avenue in Virginia Beach. DRE’s Krista Costa and Katherine Olson represented the landlord in the lease negotiations.

Innate Networks subleased 2,033 square feet of office space in the Divaris-leased Windwood Centre at 780 Lynnhaven Parkway in Virginia Beach. Vivian Turok and Elizabeth Paasch represented the sublessor, Valuation Specialist, and DRE’s Elizabeth Napolitano represented the tenant in the lease negotiations.

Modern Salon and Spa leased 1,673 square feet of retail space in the Divaris-leased and -managed Town Center Condominium 4 located at 232 Central Park Avenue in Virginia Beach. Erica Rorrer, Gerald Divaris and Sezin Cortinas represented the landlord in the lease negotiations.

Lease Renewals

Inomedic Health Applications, Inc. renewed its lease for 2,200 square feet of office space in the Divaris-leased Harbour Centre located at 2 Eaton Street in Hampton, Va. Digital Video Group also renewed its lease for 1,097 square feet of office space in Harbour Centre. DRE’s Chris Bendit handled the negotiations on behalf of the landlord for both lease renewals.

Scopecoat renewed its lease for 1,939 square feet of office space in the Divaris-leased Parkway 4 Building located at 2697 International Parkway in Virginia Beach. Bendit represented the landlord in the lease negotiations.

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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