Divaris Real Estate’s Richmond Office Completes Six Transactions for 63,842 Square Feet

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

RICHMOND, VA: Divaris Real Estate, Inc. (DRE), announced the completion of six transactions for 63,842 square feet of commercial property in the metropolitan Richmond, Virginia market.

Sale Transaction

Bloxton Investment Group purchased 2.10 acres of land and a 28,300-square-foot warehouse building located at 2800 Ackley Avenue in Henrico, Virginia, from SKS Associates for $1,450,000. DRE’s Peter Vick and Harrison Hall brokered the sale on behalf of the buyer.

Lease Transactions

Victorian Square Shopping Center

Victorian Square Shopping Center

Launch Trampoline Park leased 29,600 square feet of retail space in the Divaris-leased Victorian Square Shopping Center located at 10901 Hull Street Road in Midlothian, Va. DRE’s John Madures represented the landlord in the lease negotiations. Other tenants in Victorian Square include: Gabe’s, Planet Fitness, Bojangles, Ashley Furniture, Dollar Tree, Market Bazaar, and Pizza Hut.

Zoe’s Kitchen leased 2,600 square feet of retail space in a former Blockbuster building located at 2061 Huguenot Road in Richmond. Brett McNamee and Ali Newton handled the lease negotiations on behalf of the tenant. McNamee represents the Mediterranean-style restaurant in its search for new locations throughout the metropolitan Richmond market. This is Zoe’s first restaurant in South Richmond, its third in the region. Other tenants in the property include: Starbucks, Outback Steakhouse, Williams & Sherrill Designs and Great Big Greenhouse.

Land Home Financial Services leased 2,021 square feet of office space in the Divaris-leased West Broad Village located at 2235 Old Brick Road in Glen Allen, Va. Vick and Hall negotiated the lease on behalf of the landlord.

Bench Inc. leased 800 square feet of office space in the Divaris-leased Exchange Alley Building located at 23-25 South 13th Street in Richmond. Hammond and Dean Foster represented the landlord in the lease negotiations.

Jim Bocrie Jr. Agency leased 521 square feet of office space located at 201 North Washington Highway in Richmond. Hammond and Foster 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; 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 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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