Divaris Real Estate’s Richmond Office Completes Nine Transactions Totaling 26,025 Square Feet

Posted on April 16, 2019  /  in News Releases  /  No Comments

RICHMOND, VA: Divaris Real Estate, Inc. (DRE), announced the completion of nine transactions totaling 26,025 square feet and two acres of sold and leased commercial space throughout central Virginia.

Sales Transactions

Meadowdale Square, 5935 Hopkins Road, Richmond, Virginia

Meadowdale Square, Richmond, Va

Smith & Cottingham, LLC purchased the 6,212-square-foot Meadowdale Square building located at 5935 Hopkins Road in Richmond from Lucky Old SSN, LLC for $509,500.  Eric Hammond, Peter Vick and Harrison Hall brokered the deal on behalf of the buyer.

Garrison Enterprises, Inc. purchased two acres of land in the Chesterfield Air Park located at 7821 Courthouse Three Lane in North Chesterfield, Virginia, from Courthouse 3, LLC, for $372,600.   Laikyn Severson represented the seller in the transaction.

Leo Salinas purchased the 4,100-square foot retail property located at 2320 Oaklawn Boulevard in Hopewell for $319,000 from Inzaina Enterprises.  Eric Hammond and Dean Foster represented the seller, and John Madures represented the buyer.

Lease Transactions

B.I. Inc leased 3,917 square feet, then expanded with a second lease of 1,315 square feet, for a total of 5,232 square feet of office space in the Divaris-leased and -managed Fountain Park located at 9321 Midlothian Turnpike in Richmond.  Eric Hammond, Dean Foster and John Madures represented the landlord in the lease negotiations.

Solidcore leased 2,301 square feet of retail space in the Divaris-leased Libbie Mill located at 5001 Libbie Mill East Boulevard in Richmond. Peter Vick, Harrison Hall and Brett McNamee represented the landlord in the lease negotiations.

Beyond the Image Christian Counseling leased 1,200 square feet of retail space in the Divaris-leased Winterfield Crossing located at 6709 Lake Harbour Drive in Midlothian, Va.  Peter Vick, Harrison Hall and Larry Agnew represented the landlord in the lease negotiations.

Ferris Winder, PLLC leased 845 square feet of office space in the Divaris-leased and -managed property located at 9327 Midlothian Turnpike in Richmond. Eric Hammond, Laikyn Severson and John Madures represented the landlord in the lease negotiations.

Lease Renewal

J.R. Hyatt Co. Inc. renewed its lease for 5,205 square feet of retail space in Glass Boat located at 3228 West Cary Street in Richmond.  Ali McCrickard and Brett McNamee represented the tenant 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; Washington, DC; and Beverly Hills, CA.  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 approximately 30 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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