Divaris Signs 5,727 SF of Retail Space in Virginia Beach and Chesapeake, Virginia

Posted on November 04, 2014  /  in News Releases  /  No Comments


VIRGINIA BEACH, VIRGINIA: Gerald S. Divaris, chairman and chief executive officer of Divaris Real Estate, Inc., announced the completion of three leases in Hampton Roads totaling 5,727 square feet of retail space.  

Bangkok Garden leased 2,209 square feet in the Divaris-leased and –managed Salem Crossing Shopping Center, located at 2029 South Lynnhaven Parkway, in Virginia Beach. Lease negotiations were handled on behalf of the landlord, Elias Properties Salem Crossing, by Levi Thomson of DRE’s Virginia Beach office. Bangkok Garden specializes in traditional Thai cuisine; this will be the restaurant’s sixth location.

Pharmacy Innovations leased 1,800 square feet of retail space in Thalia Collins Square Shopping Center, located at 4001 Virginia Beach Blvd., in Virginia Beach. Lease negotiations were handled on behalf of the tenant by Melinda Pezzella of DRE’s Virginia Beach office. Pharmacy Innovations is dedicated to promoting wellness, obtaining and sustaining optimal health, and meeting the needs of the community through individualized and customized pharmacy care.

Westview Financial Services leased 1,718 square feet of retail space at Chesapeake Square Shoppes, located at 4105 Chesapeake Square Blvd., in Chesapeake. The lease negotiations were handled on behalf of the tenant by Chris Bendit, of DRE’s Virginia Beach office. Westview is a community-based lending company designed specifically for small-loan financial needs.

Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in Newport News, Norfolk, Richmond and Roanoke, VA; Charlotte, NC; 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 in excess of 23 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, 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, 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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