JPMorgan Chase Leases Office Space in Newport News’ Rock Landing II

Posted on October 23, 2008  /  in News Releases  /  No Comments

Newport News, Virginia: Karen R. Beale, principal of the Newport News office of Divaris Real Estate Inc. (DRE), announced the signing of a lease with JPMorgan Chase Bank for 2,475 square feet of office space in the Divaris-leased Rock Landing II, Class A office building located at 11838 Rock Landing Drive in Newport News, Va.

JPMorgan Chase Bank is a leading global financial services firm with assets of $2.3 trillion.  They operate in more than 60 countries and have more than 200,000 employees.  They serve millions of U.S. consumers and many of the worlds most prominent corporate, institutional and government clients.  JPMorgan Chase is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity and a component of the Dow Jones Industrial Average.

The landlord, Oyster Point Operating Associates, Ltd. was represented by Karen R. Beale.

Divaris Real Estate Inc. is headquartered in Virginia Beach, Va. with offices in Chesapeake, Newport News, and Richmond, Va.; Charlotte and Winston-Salem, N.C.; and Rockville, Md.  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 24 million square feet of prime office, retail and industrial space throughout the Mid-Atlantic and Southeastern states.  

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, 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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