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June 14, 1999

Cox Communications Expands in Virginia Beach
with 11,030-Square-Foot Lease

VIRGINIA BEACH, VA: Gerald S. Divaris, President of Divaris Real Estate, Inc., announced the signing of a lease with Cox Communications for 11,030 square feet of office space located at 230 Clearfield Avenue in Virginia Beach, Virginia.  Cox is expanding their Virginia Beach office to accommodate direct sales, training and collections divisions.

Since 1962, Cox Communications, headquartered in Atlanta,  has been among the  nation's largest broadband communications companies, serving some 3.3 million customers.  As a full-service provider of telecommunications products, Cox offers a variety of services including:  cable television; local and long distance telephone services; Internet access; direct-to-home satellite television; commercial voice and data services; and advanced digital video programming.

Cox Communications recently appointed Divaris as its exclusive real estate representative for Hampton Roads, Virginia.  Gresh Wall and Michael Divaris of DRE's Virginia Beach office, represented Cox in the negotiations.

Divaris Real Estate, Inc. is headquartered in Virginia Beach, Virginia with offices in Norfolk, Chesapeake, Newport News, and Richmond, Virginia; Charlotte, North Carolina; Atlanta, Georgia; Jackson, Mississippi; and Tampa, Miami, and St. Augustine, Florida. It is an international real estate brokerage and property management company that currently manages and/or leases in excess of 19,000,000 square feet of prime office, retail, and industrial space throughout the Mid-Atlantic and Southeastern states. Divaris Real Estate, Inc. is a member of Realty Resources, a national group of independent retail property brokers and managers covering seventy-five major markets throughout the United States. This organization represents corporate and institutional clients, as well as tenants and buyers in all aspects of leasing, development, and managing properties, as well as in acquisitions and land sales. Gerald S. Divaris is President and Michael B. Divaris is Executive Vice President of Divaris Real Estate, Inc.

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DIVARIS REAL ESTATE, INC.
One Columbus Center, Suite 700
Virginia Beach, Virginia 23462
757-497-2113 FAX: 757-497-1338
email: info@divaris.com

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