Virginia Beach, VA (September 12, 2024) – Divaris Real Estate, Inc. is pleased to announce the completion of the following transactions across their offices in Virginia Beach, Norfolk, Richmond, Raleigh, N.C. and Rockville, Md.:
SALES
Michels Family, LLC sold a 65,700 square-foot office building and adjacent parcel of 3.28 acres located at 500 Studio Drive to the City of Virginia Beach for $14.25 million. Michael Divaris, Vivian Turok and Marci Phillips represented the seller.
2117 Westwood LLC sold a 30,000 square-foot industrial building on 1.9 acres located at 2117 Westwood Ave. to Hoffman & Hoffman, Inc. in Richmond for $4 million. Cheryle Toy represented the seller.
3422 W. Cary, LLC sold a 2,235 square-foot retail building located at 3422 W. Cary St. to Souris, LLC in Richmond for $900,000. John Madures and Phuong Vo-Thornburg represented the seller.
Tangent Real Estate, LLC sold a 1,650 square-foot office building on .5 acres located at 559 Denbigh Blvd. to Suffolk United Inc. in Newport News for $315,000. Jason Oliver represented the seller and Missy Martinovich represented the buyer.
LEASES
Royal Executives subleased 8,262 square feet of office space in Airport Business Center located at 1457 Miller Store Road in Virginia Beach. Jason Oliver represented the sublessor.
Christ Central Church leased 5,717 square feet of office space in One City Center located at 110 Corcoran St. in Durham, N.C. Jessica Johnson represented the landlord.
Arcadis U.S. Inc. leased 5,644 square feet of office space in Two Columbus Center located at 4500 Main St. in Virginia Beach. Michael Divaris, Krista Costa and Vivian Turok represented the landlord.
Retail Alliance leased 3,615 square feet of office space in World Trade Center located at 101 W. Main St. in Norfolk. Michael Divaris, Krista Costa and Marci Phillips represented the landlord.
Chapter 13 Trustee leased 2,809 square feet of retail space in One Greenbrier Point located at 1403 Greenbrier Parkway in Chesapeake. Missy Martinovich represented the tenant.
HOTWORX leased 2,641 square feet of retail space in Salem Crossing Shopping Center located at 2029 S. Lynnhaven Parkway in Virginia Beach. Levi Thomson and Kris Fuller represented the landlord.
Uwharrie Play Oasis leased 2,400 square feet of retail space in First Street Station located at 805 N. 1st St. in Albemarle, N.C. Charles Neil represented the landlord.
Sweetgreen leased 2,226 square feet of retail space located at 3502 W. Cary St. in Richmond. Loretta Cataldi represented the tenant.
Peach Fitness subleased 2,016 square feet of retail space located at 5234 Rolling Road in Burke, Va. Joe Farina represented the sublessor.
Advent Medical leased 1,997 square feet of office space in Windwood Center located at 780 Lynnhaven Parkway in Virginia Beach. Elizabeth Paasch represented the landlord and Brian Devlin represented the tenant.
GameDay Men’s Health leased 1,770 square feet of retail space in Broad Creek Shopping Center located at 1261 N. Military Highway in Norfolk. Kris Fuller represented the landlord
Aries Apothecary leased 1,648 square feet of retail space in Constellation on King located at 34 E. Queens Way in Hampton. Levi Thomson and Kris Fuller represented the landlord.
Sports Clips leased 1,314 square feet of retail space in Haygood Shopping Center located at 1021 Independence Blvd. in Virginia Beach. Kris Fuller represented the landlord.
Untethered Labs leased 1,222 square feet of office space located at 7500 Greenway Center Drive in Greenbelt, Md. Amit Grover represented the tenant.
A&M Finest Deli leased 1,200 square feet of retail space in Princess Anne Marketplace located at 2076 S. Independence Blvd. in Virginia Beach. Levi Thomson and Kris Fuller represented the landlord.
NV Wellness Partners leased 1,200 square feet of office space located at 1950 Old Gallows Road in Vienna, Va. Bakh Safarov and Kathleen Killion represented the landlord.
Timelessly You Jewelry leased 900 square feet of retail space located at 7 N. Mallory St. in Hampton. Missy Martinovich represented the landlord.
Injury Treatment Centers leased 884 square feet of office space in Fountain Park located at 9327 Midlothian Turnpike in Midlothian, Va. Chris Messersmith represented the landlord.
DJC Logistics leased 770 square feet of office space located at 2020 General Booth Blvd. in Virginia Beach. Krista Costa represented the landlord.
United Energy Services leased 169 square feet of retail space located at 29 S. Mallory St. in Hampton. Missy Martinovich represented the landlord.
RENEWALS
Bravo renewed its lease for 7,946 square feet of retail space in The Town Center of Virginia Beach located at 193 Central Park Ave. in Virginia Beach. Sezin Cortinas and Gerald Divaris represented the landlord.
Dollar General renewed its lease for 6,720 square feet of retail space in Glenwood Shopping Center located at 8401 Hampton Blvd. in Norfolk. David Bickford represented the landlord.
Lifestance renewed its lease for 6,638 square feet of office space in Windwood Center located at 780 Lynnhaven Parkway in Virginia Beach. Elizabeth Paasch represented the landlord.
Cato renewed its lease of 3,200 square feet of retail space in Merchants Walk located at 7530 W. Broad St. in Richmond. John Madures represented the landlord.
Madewell renewed its lease for 2,696 square feet of retail space in The Town Center of Virginia Beach located at 4536 Main St. in Virginia Beach. Sezin Cortinas and Gerald Divaris represented the landlord.
Kaufman & Canoles renewed its lease for 2,240 square feet of office space in Lake Center I located at 501 Independence Blvd. in Chesapeake. Brian Devlin represented the landlord.
Miracle Ear renewed its lease for 880 square feet of retail space in White Oak Village located at 1834 Tappahannock Blvd. in Tappahannock, Va. Sara Goodall represented the landlord.
WIC renewed its lease for 1,400 square feet of retail space in Academy Crossing located at 3260 Academy Ave. in Portsmouth. David Bickford represented the landlord.
Made Man Barber renewed its lease for 1,044 square feet of retail space in Lake Shores Plaza located at 5193 Shore Drive in Virginia Beach. David Bickford represented the landlord.
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About Divaris Real Estate
Divaris Real Estate, Inc. is headquartered in Virginia Beach, Va. with offices in Newport News, Norfolk, Richmond and Roanoke, Va.; Washington, D.C., Charlotte and Raleigh, N.C.; Beverly Hills, Calif.; Philadelphia PA, and Rockville, Md. Divaris Real Estate and Divaris Property Management Corp. are divisions of The Divaris Group, an international fully integrated real estate services, brokerage, and property management company that currently manages and/or leases over 40 million square feet of prime office, retail, and industrial space throughout the US. Gerald S. Divaris is Chairman of the Board and its CEO, Michael B. Divaris is President, and Tony Divaris is Chief Operating Officer of the Divaris Group. Its affiliates have offices in New York, Philadelphia, Charleston, Atlanta, Ann Arbor, Pinehurst, and San Diego.
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. These organizations represent corporate and institutional clients, tenants, and buyers in all aspects of leasing, development, management, sales and acquisitions.
Press Contact: Janelle Burchfield | hello@JBdigital.media | 757.439.0139