Norfolk, Virginia: Michael B. Divaris, President of Divaris Real Estate, Inc. announced the signing of a lease with Trader Publishing Company for 33,077 square feet of office space in Norfolk Commerce Park II located at 5301 Robin Hood Road in Norfolk, Virginia.
Trader Publishing is headquartered in Norfolk and is the nation’s largest firm devoted to classified and photo guide advertising publications. The company produces almost 700 locally-based classified advertising publications in the United States. Currently, Trader has over 300 field offices in over 165 cities, with publications serving approximately 80 percent of the country. The company employs approximately 9,500 people and continues to grow.
Trader Publishing was represented by Vivian Turok, Krista Chappell and Michael Divaris of DRE’s Virginia Beach office. Over the past several years, Divaris Real Estate has been instrumental in accommodating Trader Publishing and Employment Guide operations in over 20 locations throughout the country. The landlord, Armada Hoffler Commerce Associates, was represented by CB Richard Ellis.
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; Rockville, Maryland; and Boca Raton and Tampa, 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, Inc. 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.