VIRGINIA BEACH, VA (May 12, 2020) — Divaris Real Estate, Inc. (DRE) announces the completion of four transactions totaling 13,814 square feet of new or renewed commercial leases and one sale of land in Hampton Roads, Virginia.
Sale Transaction
Corporate Park Associates 8, LC purchased approximately 6 acres of land located at 220 Corporate Blvd. in Norfolk, Va. from FHC Property Holdings, LLC for $2,250,000. Vivian Turok and Jason Oliver represented the buyer in the sale. Corporate Park Assoc. 8 is an affiliate of Robinson Development Group.
Lease Transactions
Tidewater Physicians Multispecialty Group leased 6,211 square feet of medical office space in the Divaris-leased Harbour Breeze Professional Center, Building Five, located at 1500-1540 Breezeport Way in Suffolk, Va. Krista Costa and Nicole Campbell represented the landlord in the lease negotiations.
The LAB leased 2,375 square feet of industrial space located at 1009 Scenic Parkway in Chesapeake, Va. Krista Costa and Nicole Campbell represented the tenant in the lease negotiations.
AMG National Trust Bank leased 1,970 square feet of office space in the Divaris-leased Windwood Centre located at 780 Lynnhaven Parkway in Virginia Beach, Va. Elizabeth Paasch represented the landlord in the lease negotiations.
Beyond Beauty Bridal leased 1,770 square feet of office space in the Divaris-leased Technology Center located at 813 Diligence Drive in Newport News, Va. Karen Beale, SIOR represented the landlord in the lease negotiations.
Refuel, LLC leased 525 square feet of office space in the Divaris-leased 29 South Mallory St. in Hampton, Va. Missy Martinovich represented the landlord in the lease negotiations.
Lease Renewals
Harvesttime Office Furniture renewed its lease for 1,007 square feet of office space in the Divaris-leased Harbour Breeze Professional Center, Building Five located at 1500-1540 Breezeport Way in Suffolk, Va. Krista Costa and Nicole Campbell represented the landlord in the lease negotiations.
About Divaris Real Estate
Divaris Real Estate, Inc. (http://www.divaris.com/) 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, sells and/or leases approximately 30 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, (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.
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