DOMINION MARKETPLACE IS SOLD TO FOCUSED RETAIL PROPERTY FUND 1, LLC

Posted on November 10, 2003  /  in News Releases  /  No Comments

Chesapeake, Virginia:  Michael B. Divaris, President of Divaris Real Estate, Inc. announced the sale of Dominion Marketplace shopping center located at 910 Great Bridge Boulevard in Chesapeake, Virginia to Focused Retail Property Fund I, LLC.    The 75,506-square-foot shopping center is anchored by Food Lion and Family Dollar and leased by Divaris Real Estate.

The seller, Equity Investment Group –Virginia, LLC, was represented by Michael Divaris, Alexander Divaris, and Jason Oliver of Divaris Real Estate’s Virginia Beach office, and by Daniel Finkle of Holliday Fenoglio Fowler, LP.

Divaris Real Estate, Inc. is headquartered in Virginia Beach, Virginia with offices in Norfolk, Chesapeake, Newport News, and Richmond, Virginia; Charlotte, North Carolina; Atlanta, Georgia; Rockville, Maryland; and Boca Raton and Tampa, Florida. It is an international real estate brokerage and property management company that currently manages and/or leases in excess of 22 million square feet of prime office, retail, and industrial space throughout the Mid-Atlantic and Southeastern states.  

Divaris Real Estate, Inc. is a member of Realty Resources, a national group of independent retail property brokers and managers covering 91 major markets throughout the United States.  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, as well as tenants and buyers in all aspects of leasing, development, and managing properties, acquisitions and land sales. Gerald S. Divaris is Chairman of the Board and Michael B. Divaris is President of Divaris Real Estate, Inc.

 

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