Virginia Beach, Virginia: Michael B. Divaris, president of Divaris Real Estate Inc(DRE), announced the signing of a lease with LeClair Ryan for 4,345 square feet of office space on the fifth floor of One Columbus Center. The 11-story, Class A office building is situated in the highly successful Town Center of Virginia Beach, in the city’s Central Business District at Pembroke.
The fifth largest law firm in Virginia, LeClair Ryan has been in business since 1988. Over 150 attorneys practice law from offices located in Alexandria, Blacksburg, Charlottesville, Glen Allen, Norfolk, Richmond, Roanoke, Washington, DC and now Virginia Beach.
Brett Womack and Debbie Wake, of DRE’s Richmond office, represented the tenant in this transaction. 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.
Once complete, The Town Center will span over 17 city blocks and provide a mix of Class A office, multilevel upscale retail, deluxe residential, The Sandler Center for the Performing Arts and an array of cafes, restaurants and deluxe business hotels. Other office tenants in The Town Center include: Armada/Hoffler; Bank of America; City of Virginia Beach’s Economic Development Authority; Divaris Real Estate Inc.; Fidelity National Insurance; Health Net; Legg Mason; Mass Mutual; Morgan Stanley; The Rack Law Firm; Thomas Rutherfoord Inc.; Troutman Sanders LLP; UBS Financial Services; Wilcox & Savage; the local CBS affiliate; and U.S. Senator George Allen.
Divaris Real Estate Inc. is headquartered in Virginia Beach, Va. with offices in Chesapeake, Newport News, and Richmond, Va.; Charlotte, N.C.; Atlanta, Ga.; and Rockville, Md. It is 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 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.