Divaris Real Estate’s Richmond Office Completes Three Transactions Totaling 15,080 Square Feet

Posted on June 01, 2018  /  in News Releases  /  No Comments

RICHMOND, VA: Divaris Real Estate, Inc. (DRE), announced the completion of three transactions totaling 15,080 square feet of new and renewed space in the metro Richmond, Virginia market.

Sale Transaction

NAHIL, LLC purchased a 7,800-square-foot office/warehouse property on .82 acres located at 2614 Lancelot Avenue in Richmond from Fred T. Barber for $337,500. John Madures brokered the sale on behalf of the buyer. The property will be used as a service and repair business.

Lease Transaction

Piano Gallery leased 2,080 square feet of retail space located at 1580-A Koger Center Boulevard in Richmond. Read Goode and Cheryle Toy handled the lease negotiations on behalf of the tenant.

Lease Renewal

Life Way Christian Store, Commonwealth Plaza, Midlothian, VA

Life Way Christian Store, Commonwealth Plaza, Midlothian, VA

LifeWay Christian Stores renewed its lease for 5,200 square feet of retail space in the Divaris-leased Commonwealth Plaza located at 5211 Commonwealth Centre Parkway in Midlothian, Virginia. The Christian bookstore joins Massage Envy and I Love Kickboxing in Commonwealth Plaza. Ali McCrickard and Laikyn Severson 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 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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