Virginia Beach, Virginia: Michael B. Divaris, President of Divaris Real Estate, Inc. (DRE), announced the renewal of a lease for office space in Armada Hoffler Tower, located at 222 Central Park Avenue in the Town Center of Virginia Beach.
Faggert & Frieden, P.C. renewed its lease for 10,398 square feet of office space. The Virginia Beach-based law firm specializes in real estate development and finance to local, regional and national businesses and financial institutions. Their broad base of experience and expertise includes banking, loan workouts and bankruptcy, litigation, commercial and corporate matters, taxation, and estate planning and administration.
The lease was handled on behalf of the landlord, Armada Hoffler Properties, Inc. by Michael Divaris, Vivian Turok, senior vice president, and Krista Costa, vice president, in the Virginia Beach office of Divaris Real Estate. The building is leased by Divaris Real Estate, Inc., and managed by Divaris Property Management Corp. 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 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, 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.