VIRGINIA BEACH, VA: Divaris Real Estate, Inc. (DRE), announced the completion of $4,717,881 in transactions totaling 62,148 square feet of property in the Hampton Roads, Washington DC, Richmond, Charlotte and Roanoke markets throughout April 2017.
TYSONS CORNER, VIRGINIA: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced the signing of two leases totaling 10,572 square feet of retail space in Maryland. Negotiations were handled through the Tysons Corner, Virginia office of DRE.
VIRGINIA BEACH, VA – Gerald S. Divaris, Chairman and CEO of Divaris Real Estate, Inc. (DRE), announced that Armada Hoffler Properties has acquired two grocery-anchored shopping centers in Maryland, totaling 186,583 square feet. The properties were acquired for an aggregate of $20.2 million in cash, net of $15.2 million in 1031 exchange proceeds, and 415,500 shares of Armada Hoffler common stock.