Divaris Real Estate’s Hampton Roads Office Negotiates Seven Transactions Totaling 35,580 Square Feet

Posted on December 01, 2017  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of the following seven transactions totaling 35,580 square feet of new and renewed commercial space throughout the Hampton Roads market.

New Transactions

4387 Portsmouth Boulevard, Portsmouth, Virginia

4387 Portsmouth Blvd, Portsmouth, Va

Decks and Docks Lumber Company leased 18,000 square feet of retail space in the Divaris-leased former Dail’s Home Center located at 4387 Portsmouth Boulevard in Portsmouth, Va. DRE’s David Bickford represented the landlord in the lease negotiations.

Royale Beauty Bar leased 3,216 square feet of retail space in the Divaris-leased Bank @Lantec Center located at 1580 Crossways Boulevard in Chesapeake, Va. DRE’s Kayla Olson handled the lease on behalf of the landlord. Royale Beauty Bar joins Los Burritos and Bank @Lantec in the shopping center.

TH Nails leased 2,830 square feet of retail space in the Divaris-leased and -managed Shoppes at Lake James located at 5347 Lila Lane in Virginia Beach, Va. Olson and Bickford represented the landlord in the lease negotiations. Other tenants in the Shoppes at Lake James include: Anointed Touch Hair, Catholic Books, Code Blue 4U, Lisa’s Beauty Salon and Barber Shop.

Bennett Home Furnishings leased 2,400 square feet of retail space in the Divaris-leased Executive Cove located at 5600 Virginia Beach Boulevard in Virginia Beach, Va. Olson and Chris Bendit represented the landlord in the lease transactions. Bennett Home Furnishings joins Salsitas in Executive Cove.

Rock Bottom Golf leased 1,801 square feet of office space in the Divaris-leased Harbour Breeze Professional Center located at 1520 Breezeport Way in Suffolk, Va. Krista Costa and Katherine Olson represented the landlord in the lease negotiations.

Luxury Nails Spa leased 1,500 square feet of retail space in the Divaris-leased Lightfoot Marketplace located at 6485 Centerville Road in Williamsburg, Va.  Peter Vick, Harrison Hall and George Fox represented the landlord in the lease negotiations.

Lease Renewal

Tactical Electronics and Military Supply renewed its lease for 5,833 square feet of retail space located at 2844 Crusader Circle in Virginia Beach, Va. Dave Redmond represented the tenant 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 32 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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