Divaris Real Estate, Inc. Announces the Completion of Seven Transactions Totaling 14,372 Square Feet of Property
Virginia Beach, Va. (June 30, 2022) – Divaris Real Estate, Inc., headquartered in Virginia Beach, Va. is pleased to announce the completion of seven transactions totaling 14,372 square feet and 9.49 acres of property.
SALES:
LVTC Two, LLC sold 9.49 acres of land located at 7521 Burbage Drive in Suffolk to James River Crossing, Inc. for $2.5 million. David Redmond and Levi Thomson of Divaris Real Estate represented the seller.
LEASES:
Cold Stone Creamery leased 1,250 square feet of retail space located at 550 Oyster Point Road in Newport News. Missy Martinovich of Divaris Real Estate represented the landlord in this transaction.
CMG Mortgage, Inc. leased 3,981 square feet of office space in Reflections III located at 208 Golden Oak Ct. in Virginia Beach. Brian Devlin of Divaris Real Estate represented the landlord in this transaction.
Rosy’s Barbershop leased 1,000 square feet of retail space in Mt. Pleasant Village Shopping Center located at 1457 Mount Pleasant Road in Chesapeake. Lindsay Bangel and Elizabeth Napolitano of Divaris Real Estate represented the landlord in this transaction.
Saturn Return, LLC leased 1,719 square feet of retail space located at 2239 W. Broad Street in Richmond. Madeleine Alderman of Divaris Real Estate represented the tenant in this transaction.
Strayer University, LLC leased 5,000 square feet of office space in Cross Creek Commons located at 45150 Russell Branch Pkwy in Ashburn. Joe Farina, Principal of Divaris’ D.C. regional office, represented the landlord in this transaction.
Ash + Willow Co leased 1,422 square feet of retail space in Pender Village Center located at 3903 Fair Ridge Drive in Fairfax. Joe Farina, Principal of Divaris’ D.C. regional office, represented the landlord 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.