Virginia Beach: Michael B. Divaris, president of Divaris Real Estate Inc. (DRE), announced the signing of lease with Kimley-Horn and Associates Inc. for 19,000 square feet of office space in Two Columbus Center, the latest retail and office building being constructed in the highly successful Town Center of Virginia Beach. Kimley-Horn is the first tenant to lease space in the six-story Class A building.
Breaking ground in late 2007, Two Columbus Center will be a 109,000-square-foot glass and brick building conveniently situated within walking distance to upscale dining, banking, luxury apartments, retail shops, personal service providers and a private health club. It will include 13,577 square feet of first-floor retail and 18,000 square feet of office space, on each of the second through sixth floors, for a total of 103,577 square feet of gross leasablespace. The building will front onto Constitution Drive and Main Street, at one of the gateways into The Town Center.
Kimley-Horn is one of the nation’s most comprehensive and respected engineering and land planning firms. With over 2,500 staff in more than 60 offices, it offers full services in a wide range of disciplines: aviation, the environment, intelligent transportation systems, forensic engineering, landscape architecture, land planning, transit, transportation, roads and bridges, urban redevelopment, water resources and wireless communications.
Michael Divaris, Vivian Turok and Krista Costa, of DRE’s Virginia Beach office, represented the landlord, Columbus Tower II LLC, in the lease negotiations.
The Town Center of Virginia Beach is leased by Divaris Real Estate Inc. and is managed by Divaris Property Management Corp. The Town Center of Virginia Beach is being developed by Armada Hoffler Holding Company. Other office tenants in The Town Center include: Armada/Hoffler; Bank of America; CitiBank; City of Virginia Beach’s Economic Development Authority; Divaris Real Estate Inc.; Fidelity National Insurance; Health Net; Thomas Rutherfoord Inc.; Troutman Sanders LLP; UBS Financial Services; Wilcox & Savage; the local CBS affiliate; and U.S. Senator James Webb.
Divaris Real Estate Inc. is headquartered in Virginia Beach, Va. with offices in Chesapeake, Newport News, and Richmond, Va.; Charlotte, N.C.; Winston-Salem, N.C.; Atlanta, Ga.; 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 25 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.