The Sale of a Retail Property and 14 Lease Transactions Closed Out 2023

Virginia Beach, Va. (January 9, 2024) – Divaris Real Estate, Inc. is pleased to announce the completion of the following transactions across Hampton Roads, Richmond, Northern Virginia, North Carolina, and Maryland:

SALES

Milebe Properties, LLC purchased a 4,152 square-foot retail property on .2 acres located at 4915 Caskie St. from Miltiadis Apostolidis, Trustee of the Argyro Miliotis 2020 Trust and Barbara Economos in Henrico, Va. for $550,000. Read Goode represented the buyer.

LEASES

The Kairos Group LLC leased 7,739 square feet of office space in Independence Place located at 676 Independence Parkway in Chesapeake. Brian Devlin and Nicole Campbell represented the landlord. Missy Martinovich represented the tenant.

King Tiger Martial Arts leased 5,800 square feet of retail space in Mt. Pleasant Village Shopping Center located at 1457 Mount Pleasant Road in Chesapeake. Lindsay Bangel and Elizabeth Napolitano represented the landlord.

Cova Counseling leased 5,490 square feet of office space in Town Center located at 4505 Columbus St. in Virginia Beach. Marci Phillips and Lindsay Bangel represented the landlord.

VA ABC leased 5,000 square feet of retail space in Towne Place at Greenbrier located at 717-741 N. Eden Way in Chesapeake. George Fox and Kris Fuller represented the landlord.

Meadows Frozen Custard leased 2,110 square feet of retail space in Midtown Row located at 1222 Richmond Road in Williamsburg. Missy Martinovich represented the tenant.

First Choice Anderson FNP LLC leased 1,288 square feet of office space in Harbour View Professional Center located at 1520 Breezeport Way in Suffolk.  Krista Costa, Nicole Campbell and Rachel Salasky represented the landlord.

Carolina’s HomeTown Respiratory LLC leased 1,200 square feet of retail space in First Street Station located at 801 N. 1st  St. in Albemarle, N.C. Charles Neil represented the landlord.

Elite Therapy & Performance leased 1,085 square feet of retail space in Lake Drive Plaza located at 915 Hardy Road in Vinton, Va. Daniel Wickham represented the tenant.

Unity Martial Arts leased 1,080 square feet of retail space in Roosevelt Gardens located at 2300 E. Little Creek Road in Norfolk. George Fox and Kris Fuller represented the landlord.

RENEWALS/EXPANSIONS

Troutman Pepper Hamilton Sanders, LLP renewed its lease for 23,334 square feet of office space in Town Center located at 222 Central Park Ave. in Virginia Beach. Michael Divaris, Krista Costa and Vivian Turok represented the landlord.

CACI Inc. renewed its lease for 13,171 square feet of office space in Liberty II located at 1301 Executive Blvd. in Chesapeake. Brian Devlin represented the landlord.

Truist Bank renewed its lease for 2,356 square feet of retail space in Fairfield Shopping Center located at 5242 Fairfield Shopping Center in Virginia Beach. George Fox and Kris Fuller represented the landlord.

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About Divaris Real Estate

Divaris Real Estate, Inc. is headquartered in Virginia Beach, Va. with offices in Tysons, Newport News, Norfolk, Richmond and Roanoke, Va.; Charlotte and Raleigh, N.C.; Beverly Hills, Calif.; 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 39.3 million square feet of prime office, retail, and industrial space throughout the US. Gerald S. Divaris is Chairman of the Board and CEO, Michael B. Divaris is President, and Tony Divaris is Chief Operating Officer of the Divaris Group.

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, tenants, and buyers in all aspects of leasing, development, management, sales and acquisitions.

Press Contact: Janelle Burchfield | hello@JBdigital.media | 757.439.0139