VIRGINIA BEACH, VA (March 24, 2021) – Divaris Real Estate today announced that Krista Costa will be promoted to the role of Executive Vice President. She joined Divaris in 2001 and her new appointment to the role comes as part of the realization of the long-term structural vision for the company.

Krista represents both office tenants and property owners throughout the Southeastern Virginia market. She currently leases a portfolio of over 1,000,000 square feet of office space in Hampton Roads with owners ranging from REITs to individual local developers. This portfolio consists of large blocks of Class A office space centrally located in the Town Center of Virginia Beach and Class B and C office in suburban areas of southeastern Virginia. Krista also works with office tenants to assist with their real estate needs. She represents both buyers and sellers in the acquisition and/or disposition of office and freestanding retail buildings throughout the market.

“Krista’s market knowledge combined with her experience and strong client relationships further strengthen Divaris’ market position in the Hampton Roads area,” added Michael Divaris, President and COO of Divaris Real Estate. “Krista is a true leader in our market and a great asset to Divaris’ team of office specialists.”

Krista has won numerous performance awards, including the Hampton Roads Commercial Sales and Leasing Awards and Power Broker Awards from CoStar. Krista holds a Bachelor of Science degree in Business Administration from Old Dominion University in Norfolk, Virginia, where she double majored in Finance and International Business.

About Divaris Real Estate

Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in Newport News, Norfolk, Richmond and Roanoke, VA; Charlotte, NC; Beverly Hills, CA; and Washington, DC. 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 over 31 million square feet of prime office, retail and industrial space from New Jersey to Florida. Gerald S. Divaris is Chairman of the Board, and Michael B. Divaris is President of Divaris Real Estate, Inc.

Divaris Real Estate is a member of Realty Resources, (http://www.realtyresources.org/) 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, (http://www.corenetworkcre.org/) 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: Joseph Rapisardi | joe.rapisardi@divaris.com | 757.333.4342