Divaris Real Estate, Inc. Announces the Completion of Seven Transactions Totaling 171,688 Square Feet of property

SALES:

Q&L Realty purchased a 34,705-square-foot retail center (South Park Square Shopping Center) at 1829-1865 Southpark Blvd. in Colonial Heights for $5.45 million from Colonial Heights Land Associates Limited Partnership. John Madures represented the buyer in this transaction.

102 N Mallory Partners, LLC purchased a 13,665-square-foot retail building at 102 N Mallory St. in Hampton for $650,000 from Hampton Diversified Holdings Two, LLC. Missy Martinovich represented both the buyer and seller in this transaction.

 

 LEASES:

C & F Enterprises, Inc. leased 103,795 square feet of retail space located at 3612 La Grange Pkwy., in Toano. David Bickford represented the landlord in the transaction.

Wells Fargo Advisors leased 15,199 square feet of office space in Reflections III located at 208 Golden Oak Ct., in Virginia Beach. Brian Devlin represented the landlord in this transaction.

Firefly Scenic Studio, LLC leased 2,450 square feet of industrial space in The Byrd Center located at 5729 Charles City Circle, in Richmond. Dawn Calabrese represented the tenant in this transaction.

Mid Atlantic Wings, LLC (Wingstop) leased 1,125 square feet of retail space in Lynnhaven Square at 2077-2085 Lynnhaven Pkwy in Virginia Beach. George Fox and Kris Fuller represented the landlord, and Levi Thomson represented the tenant in this transaction.

SWBC Mortgage Corporation leased 749 square feet of office space in Greenbrier Tower II at 870 Greenbrier Circle in Chesapeake. Rachel Salasky represented the tenant in this transaction.

 

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; 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 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 CEO, 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.