Divaris Real Estate’s Hampton Roads Office Negotiates Ten Transactions Totaling 29,410 Square Feet

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of the following ten transactions totaling 29,410 square feet of new commercial space.

New Transactions

Heartland Dental leased 4,068 square feet of retail space in Hanbury Village Shopping Center located at 249 Hanbury Road East in Chesapeake, Va.  DRE’s Levi Thomson represented the landlord in the lease negotiations.

Magellan HRSC leased 3,024 square feet of office space in the Divaris-leased and -managed One Columbus Center in the Town Center of Virginia Beach.  The Divaris team of Michael Divaris, Vivian Turok and Krista Costa represented the landlord in the lease negotiations.

Ocean Crab leased 3,004 square feet of retail space in the Divaris-leased and -managed Salem Crossing Shopping Center located at 2029 South Lynnhaven Parkway in Virginia Beach.  Thomson represented the landlord in the lease negotiations.  Tenants in Salem Crossing include SkyZone, Cato, Sally Beauty, and Bangkok Garden. Outparcels include McDonalds, Chick-Fil-A, Taco Bell, and Starbucks.

NNE Group leased 1,541 square feet of office space in the Divaris-leased Windwood Centre located at 780 Lynnhaven Parkway in Virginia Beach.  Turok and Elizabeth Paasch represented the landlord in the lease negotiations.

Cricket Wireless leased 1,200 square feet of retail space in St. John’s Plaza located at 3261 Garden Street in Titusville, Florida. Gerald Divaris represented the landlord in the lease negotiations.

Rhoad & Company leased 1,150 square feet of office space in Orchard Square Shopping Center located at 1400 Kempsville Road in Chesapeake.  Turok represented the tenant in the lease negotiations.

Kappatal Cuts Barbershop leased 1,000 square feet of retail space in the Divaris-leased Victory Crossing located at 4000 Victory Boulevard in Portsmouth, Va.  DRE’s George Fox represented the landlord in the lease negotiations.

Lease Renewals

Bon Secours Maryview Medical Center renewed its lease for 8,323 square feet of office space located at 5551 Portsmouth Boulevard in Portsmouth.  DRE’s Eric Hammond and David Bickford represented the landlord in the lease negotiations.

Rack Room Shoes renewed its lease for 4,800 square feet of retail space in the Divaris-leased Crossways Shopping Center located at 1412 Greenbrier Parkway in Chesapeake.  DRE’s Dave Redmond represented the landlord in the lease negotiations.   Other tenants in the shopping center include:  DSW, Ross Dress for Less, T.J.Maxx, Marshall’s, ULTA, Value City Furniture, Michael’s, Panera and Kirklands.

J&H Nail renewed its lease for 1,300 square feet of retail space in the Divaris-leased and -managed Glenwood Shopping Center located at 8401 Hampton Boulevard in Norfolk, Va.  Bickford represented the 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, 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 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 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.