RICHMOND, VA (December 31, 2020) — Divaris Real Estate, Inc. (DRE), announced the completion of five transactions totaling 37,864 square feet of commercial properties sold or leased in Central Virginia.

Sales Transactions      

Woodlands Real Estate, LLC sold two acres of land in The Woodlands located at Mall Drive and Koger Center Blvd. in North Chesterfield from American Pet Resort, LLC for $890,000.  The Richmond office of Divaris Real Estate represented the seller in the negotiations.

Lease Negotiations

Former Kmart, Salem, VA
Former Kmart, Salem, VA

American Freight Furniture leased 25,804 square feet of retail space in the former Kmart located at 1335 West Main Street in Salem.  Ali McCrickard, Brett M.cNamee and Sam McCoy represented the landlord in the lease negotiations.

RVA Iron Gym leased 7,500 square feet of industrial space located at 3910 Adams Road Richmond.  John Madures represented the landlord in the lease negotiations.

Coco + Hazel leased 3,660 square feet of retail space located at 2733 McRae Road in Richmond.  Cheryle Toy and Read Goode represented the landlord in the lease negotiations.

Sound Control leased 900 square feet of office space located at 2320 Oaklawn Blvd. in Hopewell, VA. John Madures represented landlord in the lease negotiations.

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; Washington, DC; and Beverly Hills, CA.  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 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.