Divaris Real Estate Announces $16 Million and 153,757 Square Feet in Completed Transactions for December 2018

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of 38 transactions totaling $16,038,543 and 153,757 square feet of sold, leased and renewed commercial property in the Hampton Roads and Richmond, Virginia, Charlotte, North Carolina and metropolitan Washington, DC markets in December 2018.

 

    • Building, LLC purchased a 29,466-square-foot industrial building at 2800 Ackley Avenue in Richmond from Big 2800 Ackley, LLC for $2 million.  Peter Vick and Harrison Hall represented the seller.
    • Elite Force Holdings, Inc. purchased a 9,281-square-foot multi-tenant retail property at 12131 South Chalkley Road in Chester, Va from Chester Square, LLC for $1 million.  Sara Goodall and Laikyn Severson represented the seller while Peter Vick and Harrison Hall represented the buyer.
    • Dental Solution Sunny Lab Inc. purchased 2,370 square feet of office space at 901 Russell Avenue in Gaithersburg, Maryland from 901 Russell Ave, LLC for $415,000.  Amit Grover represented the seller.
    • Town of Indian Head purchased a 1,305-square-foot former PNC Bank at 1 North Prospect Avenue in Indian Head, Md from PNC Bank, NA for $265,000.  Joe Farina and Amit Grover represented the seller.

     

    Lease Transactions

     

    • Quantitative Medical Systems leased 10,539 square feet of office space in Premier Tech Center at 2810 North Parham Road in Richmond.  Eric Hammond and Brett McNamee represented the tenant.
    • The International Brotherhood of Teamsters leased 5,071 square feet of office space in Courthouse Tower at 1515 North Courthouse Road in Arlington, Va.  Joe Farina represented the tenant.
    • CareConnect Health leased 3,600 square feet of retail space in Parkway Centre at 378 North Veterans Parkway in Moultrie, Georgia.  Gerald Divaris and Ackerman & Co. represented the landlord.
    • Better Floors Incorporated leased 3,500 square feet of industrial/warehouse space at 3813 Hendricks Road in Midlothian, Va.  Cheryle Toy represented the tenant.
    • JPMorgan Chase Bank, NA leased 3,080 square feet of retail space at 21111 Frederick Road in Germantown, Md.  Joe Farina represented the landlord.
    • Planet Depos leased 2,221 square feet of office space at 411 East Franklin Street in Richmond.  Ali McCrickard and Brett McNamee represented the landlord.
    • DBA Academy leased 2,019 square feet of retail space in 21st Pavilion at 222 West 21st Street in Norfolk.  Missy Martinovich represented the landlord.
    • Eastern Millwright Regional Council leased 1,975 square feet of office space at 4808 Radford Avenue in Richmond.  Eric Hammond and Dean Foster represented the landlord.
    • Kumon Learning Center leased 1,626 square feet of retail space in Pembroke Meadows at 750 Independence Boulevard in Virginia Beach.  Mary McGovern represented the tenant.
    • Reinhold Chiropractic leased 1,603 square feet of office space in Harbour View Professional Center at 1510 Breezeport Way in Suffolk, Va.  Krista Costa and Nicole Campbell represented the landlord.
    • Smoothie King leased 1,400 square feet of retail space at 11419-B Midlothian Turnpike in Richmond.   Peter Vick and Harrison Hall represented the landlord.
    • Bishop’s Cuts and Colors leased 1,374 square feet of retail space at 1100 Second Place, Southeast in Washington, DC.  Rob Gray represented the tenant.
    • Massage Century leased 1,200 square feet of retail space in Old Ashburn Square at 20630 Ashburn Road in Ashburn, Va.  Susan McGee represented the landlord.
    • Liquid Talent Agency leased 1,187 square feet of office space at 5310 Markel Road in Richmond.  Sara Goodall represented the tenant.
    • Jackson Hewitt leased 998 square feet of retail space in Broad Creek Shopping Center at 1261 North Military Highway in Norfolk.   Kris Fuller and George Fox represented the landlord.
    • Mi2 Studio leased 900 square feet of retail space in Rockville City Centre at 615 Hungerford Drive in Rockville, Md.  Susan McGee and Joe Farina represented the landlord.
    • Jesy’s Boutique leased 632 square feet of retail space in Sterling Park Shopping Center at 325 South Sterling Boulevard in Sterling, Va.   Chris Saa and Joe Farina represented the landlord.

     

    Lease Renewals

     

    • Good Wood Furniture and Mattress renewed its lease for 16,000 square feet of retail space in Todd Shopping Center at 2124 West Mercury Boulevard in Hampton, Va.  Aeri Jai and Mary McGovern represented the landlord.
    • Community Alternatives renewed its lease for 10,835 square feet of office space at 5700 Thurston Avenue in Virginia Beach.  Krista Costa and Nicole Campbell represented the landlord.
    • The Greene Turtle renewed its lease for 7,511 square feet of retail space in Stone House Square at 1218 Shank Farm Way in Hagerstown, Md.  Susan McGee represented the landlord.
    • Bank of America, NA renewed its lease for 5,880 square feet of retail space in the Bank of America Center at 1111 East Main Street in Richmond.  Harrison Hall and Peter Vick represented the landlord.
    • Rio Grande renewed its lease for 3,308 square feet of retail space in 360 West Shopping Center at 7128 Hull Street Road in Richmond.  Sara Goodall and Laikyn Severson represented the landlord.
    • Boost Mobile renewed its lease for 2,361 square feet of retail space in 360 West Shopping Center at 7102 Hull Street Road in Richmond.  Sara Goodall and Laikyn Severson represented the landlord.
    • Novant Health Farrington Family Medicine renewed its lease for 5,000 square feet of retail space in Alexander Pointe at 860 Jake Alexander Boulevard West in Salisbury, NC.   Charles Neil represented the landlord.
    • Williamsburg Area, LLC renewed its lease for 3,123 square feet of office space in Courthouse Green at 4097 Ironbound Road in Williamsburg, Va.  Karen Beale, SIOR represented the landlord.
    • Al Fresco renewed its lease for 2,400 square feet of retail space in Oyster Point Square at 11710 Jefferson Avenue in Newport News, Va.  George Fox represented the landlord.
    • Hot Pho renewed and expanded its retail space to 2,200 square feet in Fairfield Shopping Center at 5242 Fairfield Shopping Center in Virginia Beach.  Kris Fuller and George Fox represented the landlord.
    • EZ Pass renewed its lease for 2,120 square feet of retail space in Victory Crossing at 4006-A Victory Boulevard in Portsmouth, Va.  George Fox represented the landlord.
    • Sterner’s Tae Kown Do Academy renewed its lease for 1,800 square feet of retail space in Old Ashburn Square Shopping Center at 20630 Ashburn Road in Ashburn, Va.  Susan McGee represented the landlord.
    • Monroe Capital Partners renewed its lease for 1,755 square feet of office space in Courthouse Green at 4097 Ironbound Road in Williamsburg, Va.  Karen Beale, SIOR represented the landlord.
    • Cold Stone Creamery renewed its lease for 1,448 square feet of retail space in Lynnhaven Square at 2077 Lynnhaven Parkway in Virginia Beach. George Fox and Kris Fuller represented the landlord.
    • Sani e Felici renewed its lease for 1,000 square feet of retail space in Liberty Commons at 12695 McManaus Boulevard in Newport News, Va.  Karen Beale, SIOR represented the landlord.
    • M2 Hair Systems renewed its lease for 840 square feet of retail space in Fairfield Shopping Center at 5242 Fairfield Shopping Center in Virginia Beach.   Kris Fuller and George Fox represented the landlord.
    • Shaffer Realty renewed its lease for 830 square feet of office space in the Union Bank Building at 603 Pilot House Drive in Newport News.   Karen Beale, SIOR represented the landlord and Krista Costa represented the tenant.

     

    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 and/or leases over 37 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.