VIRGINIA BEACH, VA (August 19, 2020) — Divaris Real Estate, Inc. (DRE) announces the completion of four transactions totaling 13,526 square feet of newly leased or renewed commercial transactions.

Lease Transactions

Suffolk West Plaza, Suffolk, Va
Suffolk West Plaza, Suffolk, Va

The Fishin’ Hole leased 4,800 square feet of retail space in the Divaris-leased Suffolk West Plaza located at 837 West Constance Road in Suffolk, Va.  George Fox and Caroline Zarpas represented the landlord in the lease negotiations.   Tenants in Suffolk West Plaza include Family Dollar, VA ABC, Rent A Center, Metro PCS, Pizza Hut and Hardee’s.

Promodel Corporation leased 2,526 square feet of office space in Pinehurst Centre located at 477 Viking Drive in Virginia Beach.  Krista Costa and Nicole Campbell represented the tenant in the lease negotiations.

Lease Renewals

Fresenius Kidney Care renewed its lease for 4,800 square feet of retail space in the Divaris-leased and -managed Armory Plaza located at 1311 Armory Drive in Franklin, Va.  George Fox represented the landlord in the lease negotiations.  Franklin Bowling anchors Armory Plaza.

Hometown Custom Cleaners renewed its lease for 1,400 square feet of retail space in the Divaris-managed Marketplace at Oakland Shopping Center located at 7237 U.S. Highway 64 in Oakland, Tennessee.  Gerald Divaris and The Gary Myers Company represented the landlord in the lease negotiations.  Other tenants in Marketplace at Oakland include Maurices, The Shoe Dept., Dollar Tree, GameStop, AT&T, Pizza Hut, Edward Jones and Sally Beauty.

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 and Raleigh, NC; Charleston, SC; 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, sells 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 and chief operating officer of Divaris Real Estate, Inc.

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.