Virginia Institute for Sports Medicine Leases 10,000 Square Feet in Virginia Beach

Posted on July 09, 2010  /  in News Releases  /  No Comments

Virginia Beach, Virginia:  Michael B. Divaris, president of Divaris Real Estate Inc. (DRE), announced that a lease was signed with Virginia Institute for Sports Medicine for 10,000 square feet of office space located at 1849 Old Donation Parkway in Virginia Beach.  The tenant will occupy the entire premises that is leased by Divaris Real Estate and managed by Divaris Property Management Corp.  Estimated occupancy is November 2010.

Virginia Institute for Sports Medicine is an orthopaedic practice focused on taking care of the injured athlete of any age.  Specializing in shoulder, elbow, hip, knee and ankle injuries and utilizing the latest technology to evaluate and repair injuries, Virginia Institute for Sports Medicine focuses on helping each patient return to a normal and active life for sports, work and play.

The lease was negotiated on behalf of the landlord by Vivian Turok, senior vice president and Jason Oliver, senior associate in the Virginia Beach office of Divaris Real Estate, Inc.

Divaris Real Estate Inc. is headquartered in Virginia Beach, VA with offices in Chesapeake, downtown and suburban Norfolk, Newport News, and Richmond, VA; Charlotte, NC and Rockville, MD.  Divaris Real Estate and Divaris Property Management Corp. are divisions of The Divaris Group, an international real estate brokerage and property management company that currently manages and/or leases in excess of 24 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 U.S.  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

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