Fred Karp is Senior Vice President for Divaris Real Estate’s Richmond Office and provides transaction advisory services to the Commonwealth of Virginia’s Department of General Services (DGS) and its Division of Real Estate and Facilities Management (DREFM). Services provided include transaction management, project management, brokerage, leasing, strategic planning and portfolio consulting for Virginia’s 130 million-square-foot portfolio of leased and owned real property.

Karp brings more than 40 years of experience in corporate real estate development and finance with three Fortune 500 companies, and has been responsible for completing more than 1,400 real estate transactions nationwide. Most recently at Best Buy, Fred was responsible for leading the store development expansion of Best Buy Mobile, and developing Best Buy big box stores in more than 20 markets in the United States and Puerto Rico. Previously, he held senior real estate and finance positions at The Musicland Group (Sam Goody), and finance positions at General Mills, Inc.

Karp holds a Master’s Degree in Business Administration (MBA) from University of St. Thomas, St. Paul, Minnesota and a Bachelor of Science Degree in Economics from Hamline University, St. Paul. Minnesota.

Memberships and Associations

Fred is a member of the International Council of Shopping Centers. He supports several Virginia real estate based non-profit organizations by providing pro-bono advisory services to their CEO’s and Executive Directors.