VIRGINIA BEACH, VIRGINIA: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced the addition of four properties to its leasing and management portfolio.  The total space includes 33,646 square feet of retail and office space and .33 acres of vacant land located throughout Hampton Roads, Virginia.

The new properties in the company’s portfolio consist of:

Chesapeake Square Medical Plaza, an 11,526-square-foot, single-story medical office building located at 4020 Raintree Road in Chesapeake, VA has 1,200 to 4,800 square feet available for lease.  A convenient regional location across from Chesapeake Square Mall, this medical office building is a short distance from the intersection of Portsmouth Boulevard and Interstate 664.  This property’s sale and leasing will be handled by Chris Bendit and Eric Hammond of DRE’s Virginia Beach office.

Former Sears Automotive Service Center, an 11,200-square-foot, freestanding auto repair facility is located at 12263 Hornsby Lane in Newport News, VA across from Patrick Henry Mall and the Marketplace at Tech Center.  Sandy Cohen, chief operating officer for Divaris Real Estate, and Eric Hammond will be in charge of selling or leasing this property.

Sherwin-Williams Center, a 10,920-square-foot retail center located at 3800 Holland Road in Virginia Beach.   Tenants of the shopping center include:  Sherwin-Williams, Liberty Tax and Liberty Pawn Shop.  Eric Hammond will handle the leasing of the available space.

Hammond will also handle the sale of .33 acres of vacant land located at 436 Fox Hill Road in Hampton, Va.  The land is owned by The Southland Corp. and is zoned for retail/commercial development as it is adjacent to an existing 7-Eleven convenience store.

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 in excess of 26 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, ( 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.