Divaris Real Estate Announces $10.5 Million and 98,094 Square Feet in Completed Transactions for March 2020

VIRGINIA BEACH, VIRGINIA (March 6, 2020) – Divaris Real Estate, Inc. (DRE) announces the completion of 25 transactions totaling $10,476,256 and 98,094 square feet of sold, leased and renewed commercial property throughout Central and Southeast Virginia and North Carolina in March 2020.

Lease Transactions

  • Old Navy leased 15,000 square feet of retail space in Settlers Market at 4645 Casey Blvd. in Williamsburg, Va.  Mary McGovern represented the tenant.
  • Therapeutic Alliance leased 3,637 square feet of office space in Windwood Centre at 780 Lynnhaven Parkway in Virginia Beach.  Vivian Turok and Elizabeth Paasch represented the landlord.
  • Home Infusion Richmond leased 3,200 square feet of office space in Fountain Park at 9327 Midlothian Turnpike in Richmond.  Madeleine Alderman represented the landlord and Laikyn Severson represented the tenant.
  • Mr. Pepe Mexican Restaurant leased 3,007 square feet of retail space in Woodlake Commons at 7020 Woodlake Commons Loop in Midlothian, Va.  Sara Goodall, Laikyn Severson and Madeleine Alderman represented the landlord.
  • Vectrus Systems Corp. leased 2,810 square feet of office space in Northampton Executive Center at 1300 Diamond Springs Road in Virginia Beach. Krista Costa and Nicole Campbell represented the landlord.
  • Hand & Stone Massage and Facial Spa leased 2,675 square feet of retail space in Columbus Village at Town Center at 4485 Virginia Beach Blvd. in Virginia Beach. Gerald Divaris, Erica Rorrer and Sezin Cortinas represented the landlord and George Fox represented the tenant.
  • Gaia, LLC leased 2,459 square feet of office space at 1108 East Main St. in Richmond.  Madeleine Alderman represented the tenant.
  • Blue Raven Solar leased 2,305 square feet of office space in Fountain Park at 9327 Midlothian Turnpike in Richmond. Laikyn Severson and Madeleine Alderman represented the landlord.
  • Chipotle Mexican Grill leased 2,239 square feet of retail space in Ironwill Centre at 9801 Iron Bridge Road in Chesterfield, Va. The Richmond office of DRE represented the landlord.
  • Pure Royal Finesse leased 2,050 square feet of retail space in Academy Crossing at 3244 Academy Ave. in Portsmouth, Va. David Bickford represented the landlord.
  • Richard B. Campbell, PLC leased 1,835 square feet of office space in Churchland Professional Center at 3000 Tyre Neck Road in Portsmouth. Vivian Turok and Casey Kimmel represented the tenant.
  • Merriment on Main, The Beaufort Bonnet Company Signature Store leased 1,830 square feet of retail space in Town Center of Virginia Beach at 4546 Main St. Gerald Divaris, Erica Rorrer and Sezin Cortinas represented the landlord.
  • Domino’s leased 1,500 square feet of retail space in the Las Gaviotas Shopping Center at 1245 Cedar Road in Chesapeake, Va. George Fox and Kris Fuller represented the landlord.
  • Stubborn Aquatics leased 1,400 square feet of retail space in Oyster Point Plaza at 11824 Fishing Point Drive in Newport News, Va. George Fox represented the landlord.
  • Groundgame Innovations leased 1,400 square feet of office space at 3507 Blvd. in Colonial Heights, Va. Laikyn Severson represented the landlord.
  • European Wax leased 1,366 square feet of retail space in Columbus Village at Town Center at 4485 Virginia Beach Blvd. Gerald Divaris, Erica Rorrer and Sezin Cortinas represented the landlord.
  • Eugene J. Seitz leased 1,357 square feet of retail space at 7 South 10th St. in Richmond. Laikyn Severson represented the landlord.
  • The Bronze Bar leased 1,309 square feet of retail space in Providence Plaza at 2935 Providence Road in Charlotte. Charles Neil represented the landlord.
  • Swivel Barber Shop leased 1,174 square feet of retail space in Wendover Village at 4203 West Wendover Ave. in Greensboro, NC. Charles Neil and Logan Winslow represented the landlord.
  • George W. Jones Company leased 994 square feet of office space in Landmark Office Center at 8754 Landmark Road in Richmond. John Madures represented the tenant.

Lease Renewals

 

  • Office Depot renewed its lease for 27,600 square feet of retail space in South Square Shopping Center at 4001 Chapel Hill Blvd. in Durham, NC. Charles Neil and Diana Teitsma represented the landlord.
  • Total Wine renewed its lease for 12,000 square feet of retail space in Robious Hall Shopping Center at 10064 Robious Road in Bon Air, Va. Brett McNamee represented the tenant.
  • Inner Strength Pilates renewed its lease for 3,687 square feet of retail space in Harper Hill Commons at 4983 Martin View Lane in Winston-Salem, NC. Charles Neil represented the landlord.
  • The UPS Store renewed its lease for 1,260 square feet of retail space in Victory Crossing at 4006 Victory Blvd. in Portsmouth. George Fox represented the landlord.
  • WAVY-TV10 renewed its lease for rooftop space on One Columbus Center at 283 Constitution Drive in the Town Center of Virginia Beach.  Michael Divaris, Vivian Turok and Krista Costa represented the landlord.

 

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, 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 30 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.