Norfolk, Virginia: MMM Design Group, in conjunction with Divaris Real Estate, Inc. announced the relocation of its corporate office to 300 East Main Street in Norfolk. MMM signed the lease for the 22,277-square-foot office space on July 9, 2004.
MMM will join a large number of industry-leading organizations with offices in the 14-story tower, including SouthTrust Bank and the U.S. Coast Guard. Divaris, of Virginia Beach, has finalized four leases in the building, totaling over 35,000 square feet, within the last year.
Divaris’ breadth of experience in the commercial real estate market of Hampton Roads is what led MMM to its real estate team. Divaris matched the 60-year-old firm with the Main Street Tower after only six months.
“Our search for office space for MMM Design Group included three cities,? said Michael B. Divaris, President of Divaris Real Estate, Inc. “The amenities and location of Main Street Tower in downtown Norfolk most closely matched their requirements.? Divaris, Maureen Rooks and Keith Pezzella of DRE’s Virginia Beach office represented the tenant in the lease negotiations. The landlord was represented by Advantis.
According to George Wilson, PE, President of MMM, the benefits of doing business in a downtown location are numerous. “The urban culture and hub of activity that downtown areas provide, is a major plus for a design firm such as MMM. We are committed to excellence and innovation in design; the downtown environment is the perfect place to focus this commitment for ourselves and our clients,? said Wilson.
MMM Design Group is a full-service architecture, engineering and planning firm headquartered in Norfolk. The company’s multi-disciplined team of professional architects, interior designers, planners, civil, structural, electrical and mechanical engineers has experience with projects in the fields of higher education, defense, homeland security, criminal justice, transportation, recreation, environmental protection, and historic restoration. MMM was founded in 1945 by John B. McGaughy.
Divaris Real Estate, Inc. is headquartered in Virginia Beach, Virginia with offices in Chesapeake, Newport News, and Richmond, Virginia; Charlotte, North Carolina; Atlanta, Georgia; Rockville, Maryland; and Boca Raton, Florida. It is an international real estate brokerage and property management company that currently manages and/or leases in excess of 20 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.