Divaris Real Estate’s Hampton Roads Office Completes Six Transactions Totaling 25,530 Square Feet

Posted on August 03, 2018  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of six transactions totaling 25,530 square feet of new and renewed commercial space throughout the greater Hampton Roads, Virginia market.

Lease Transactions

Swaghat Groceries, Norfolk, VA

Swaghat Groceries, 920 North Military Highway, Norfolk, VA

Swaghat Groceries leased 13,952 square feet of retail space in The Gallery at Military Circle located at 920 North Military Highway in Norfolk, Va. Missy Martinovich represented the tenant in the lease negotiations. The former Chuck E. Cheese location will be refurbished and will open in three months as an Indian grocery and restaurant.

i+iconSOUTHEAST, Inc. leased 5,530 square feet of office space in the Divaris-leased Thurston Avenue property located at 5700 Thurston Avenue in Virginia Beach. Krista Costa and Katherine Olson represented the landlord in the lease negotiations.

Shannon & Bedois, P.C. subleased 1,498 square feet of office space in the Divaris-leased Harbour Breeze Professional Center Building 5 located at 1540 Breezeport Way in Suffolk, Va. Krista Costa and Katherine Olson represented the sublessor in the lease negotiations.

Lease Renewals

Gary A. Riggs, Jr., DMD renewed a lease for 2,500 square feet of retail space in the Divaris-leased Aberdeen Professional Center located at 1610 Aberdeen Road in Hampton. Aeri Jai and Mary McGovern represented the landlord in the lease negotiations.

Little Caesars renewed its lease for 1,250 square feet and Mimi’s African Braiding renewed its lease for 800 square feet of retail space in the Divaris-leased Todd Shopping Center located at 2328 West Mercury Boulevard in Hampton, Va. Aeri Jai and Mary McGovern 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 36.7 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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