VIRGINIA BEACH, VA (November 30, 2020) — Divaris Real Estate, Inc. (DRE) announces the completion of ten transactions totaling 79,484 square feet of new leased or renewed commercial transactions throughout Hampton Roads, Virginia.

Lease Transactions

5816 Ward Court, Virginia Beach, VA
5816 Ward Court, Virginia Beach, VA

Grand Brands leased 40,803 square feet of industrial space located at 5816 Ward Court in Virginia Beach.  Jason Oliver represented the tenant in the lease negotiations.

Up Center Bingo leased 21,500 square feet of retail space in the Divaris-leased Military Crossing located at 5957 East Virginia Beach Blvd. in Norfolk. George Fox and Caroline Zarpas represented the landlord in the lease negotiations.  Other tenants in Military Crossing include Ollie’s Bargain Outlet, Dollar General, FedEx Kinko’s and Sally Beauty.

Croatan Investments leased 4,000 square feet of office space located at 932 Laskin Road in Virginia Beach.  Krista Costa and Nicole Campbell represented the tenant in the lease negotiations.

Norfolk SPCA leased 3,000 square feet of retail space in the Divaris-leased Roosevelt Gardens located at 2300 East Little Creek Road in Norfolk.  George Fox and Kris Fuller represented the landlord in the lease negotiations.  Other tenants in Roosevelt Gardens include Sav-a-Lot, Hibbett Sports, CATO, Pizza Hut, Dunkin’ Donuts, Wells Fargo and Spencer Dental.

Pineapple Babies Birth Services leased 2,524 square feet of medical office space located at 4524 Wishart Road in Virginia Beach.  Krista Costa and Nicole Campbell represented the tenant in the lease negotiations.

Tidewater Physician’s Multispecialty Group leased 1,947 square feet of office space located at 4867 Baxter Road in Virginia Beach.  Krista Costa and Nicole Campbell represented the landlord in the lease negotiations.

Taco Vamonos leased 1,800 square feet of retail space in Hayes Shopping Center located at 3691 George Washington Memorial Highway in Hayes, Va.  Kris Fuller represented the tenant in the lease negotiations.

Bryant Real Estate expanded its lease by 1,650 square feet of retail space in the Divaris-leased property located at 1777 London Bridge Road in Virginia Beach.  Krista Costa and Nicole Campbell represented the landlord in the lease negotiations.

Align Chiropractic and Wellness leased 1,000 square feet of retail space in the Divaris-leased Birdneck Community Shoppes located at 1091 Norfolk Ave. in Virginia Beach.  Elizabeth Napolitano represented the landlord in the lease negotiations.  Other tenants in Birdneck Community Shoppes include South Beach Grill, MetroPCS, and Quick Mart.

Lease Renewal

OS4 Labor renewed 1,260 square feet of retail space in Victory Crossing located at 4000 Victory Blvd., in Portsmouth. George Fox represented the landlord in the lease negotiations.  Anchor tenants in Victory Crossing include Lowes Home Improvement, Shoppers World and Farm Fresh.  Small shop and outparcel tenants include Dollar Tree, Rent-A-Center, UPS, Wendy’s, Exxon, Bank of America and Ruby Tuesday.

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 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, (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.