Newport News, Virginia: Gerald S. Divaris, Chairman/CEO of Divaris Real Estate, Inc., announced the sale of 2.089 acres of land located at 733-135 J. Clyde Morris Boulevard in Newport News, Virginia, to the Tidewater Auto Association of America (AAA).
AAA is a non-profit federation of 93 clubs with over 1,000 offices, providing more than 41 million members throughout the United States and Canada with travel, insurance, financial and auto related services.
Missy Martinovich and Linda Robey of DRE’s Newport News office represented the Landlord, Sarah Forbes in the negotiations. AAA was represented by Advantis.
Divaris Real Estate, Inc. is headquartered in Virginia Beach, Virginia with offices in Norfolk, Chesapeake, Newport News, and Richmond, Virginia; Bethesda, Maryland; 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 21,000,000 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 Chairman of the Board and Michael B. Divaris is President of Divaris Real Estate, Inc.