Divaris Real Estate’s Hampton Roads Office Completes Ten Transactions Totaling 28,323 Square Feet

Posted on July 19, 2019  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of ten lease transactions totaling 28,323 square feet of commercial space.   Five of the leases were for space within the Town Center of Virginia Beach.

Lease Transactions

Dermalogica leased 7,288 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.

Truebay Kitchen Bath Solutions leased 4,000 square feet in the Divaris-leased Todd Shopping Center located at 2322 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.

Two Columbus Center, One Columbus Center and Armada Hoffler Tower buildings

Two Columbus Center, One Columbus Center and Armada Hoffler Tower buildings

Rinker Design Associates leased 3,079 square feet of office space in the Divaris-leased and -managed Two Columbus Center located at 4500 Main Street in the Town Center of Virginia Beach.  Michael Divaris, Vivian Turok and Krista Costa represented the landlord in the lease negotiations.

Moe’s Southwest Grill leased 3,000 square feet of retail space in the Divaris-leased and -managed Fairfield Shopping Center located at 5242 Fairfield Shopping Center in Virginia Beach.   George Fox and Kris Fuller represented the landlord in the lease negotiations.  Fairfield Shopping Center is anchored by Food Lion, with other tenants that include T.J. Maxx, Rite Aid, Five Guys Burgers and Fries, Starbuck’s and Verizon.

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.

Summit Funding leased 2,153 square feet of office space in the Divaris-leased and -managed Armada Hoffler Tower located at 222 Central Park Avenue in the Town Center of Virginia Beach.  Michael Divaris, Vivian Turok and Krista Costa represented the landlord in the lease negotiations.

Chesapeake Bay ENT leased 2,011 square feet of office space in the Divaris-leased and -managed One Columbus Center located at 283 Constitution Drive in the Town Center of Virginia Beach.  Michael Divaris, Vivian Turok and Krista Costa represented the landlord in the lease negotiations.

Chanello’s Pizza leased 1,500 square feet of retail space in the Divaris-leased Lynnhaven Square located at 2077-2085 Lynnhaven Parkway in Virginia Beach.   George Fox and Kris Fuller represented the landlord in the lease negotiations.  Other tenants in Lynnhaven Square include:  Subway, Cold Stone Creamery, Virginia ABC store, Hair Cuttery, UPS Store and Coastal Vision.

Lease Renewals

The Royal Chocolate renewed its lease for 1,729 square feet of retail space in the Divaris-leased and -managed Town Center of Virginia Beach located at 164 Central Park Avenue.  Gerald Divaris, Erica Rorrer and Sezin Cortinas represented the landlord in the lease negotiations.

Eclectic Design Florist and Gifts renewed its lease for 777 square feet of retail space in the Divaris-leased and -managed Town Center of Virginia Beach located at 222 Central Park Avenue.  Gerald Divaris, Erica Rorrer and Sezin Cortinas 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.

###

 

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedIn

Tags: , , , , , , ,

Comments are closed.