Divaris Real Estate Announces $30 Million and 222,095 Square Feet in Completed Transactions for July 2019

Divaris Real Estate Announces $30 Million and 222,095 Square Feet in Completed Transactions for July 2019

 

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of 52 transactions totaling $30,159,701 and 222,095 square feet of sold, leased and renewed commercial property throughout Virginia; North and South Carolina and metropolitan Washington, DC markets in July 2019.

 

Sales Transactions

• T.D. Olney, LLC purchased a 3,802-square-foot office property at 2901 Olney Laytonsville Road, Olney, Maryland from MIMA Associates, LLP for $1,375,000.   Joe Farina represented the buyer.
• Justin T. Bush purchased the 5,191-square-foot Virginia Eye Consultants office building at 2463 Pruden Boulevard in Suffolk, Virginia from Virginia Eye Suffolk, LLC for $1,050,000.  Vivian Turok and Jason Oliver represented the seller, George Fox represented the buyer.
• Hooked Group, LLC purchased 3.457 acres of land on Independence Parkway in the Battlefield Corporate Center in Chesapeake, Virginia from Interstate Land, LC for $830,000.  George Fox represented the buyer.
• Elizabeth Tanglewood, LLC purchased 1.49 acres of land on the northeast corner of the intersection of Route 344 and Tanglewood Parkway in Elizabeth City, North Carolina from TGW 1 North, LLC for $700,000.  David Redmond and David Bickford represented the seller.

 

Lease Transactions

• dd’s DISCOUNTS leased 23,031 square feet of retail space in Todd Shopping Center at 2330 Mercury Boulevard in Hampton, Va.  Aeri Jai represented the landlord and Mary McGovern represented both the tenant and the landlord
• UZURV Holdings leased 7,954 square feet of office space in One Monument Avenue at 413 Stuart Circle in Richmond.  Eric Hammond represented the landlord.
• Suds n More leased 7,851 square feet of retail space in Sterling Park at 421 South Sterling Boulevard in Sterling, Va.  Joe Farina and Chris Saa represented the landlord.
• Dermalogica leased 7,288 square feet of office space at 70 University Avenue in Toronto, Ontario, Canada.   Michael Divaris and Krista Costa represented the tenant.
• Buffalo Distro Group leased 5,575 square feet of office space in James River Petroleum Building at 10487 Lakeridge Parkway in Ashland, Va.  Eric Hammond represented the landlord.

• Sentara Medical Group leased 4,821 square feet of retail space in Columbus Square at 4445 Virginia Beach Boulevard in Virginia Beach.  Kayla Olson represented the landlord.
• Truebay Kitchen Bath Solutions leased 4,000 square feet of retail space in Todd Shopping Center at 2322 Mercury Boulevard in Hampton.  Aeri Jai and Mary McGovern represented the landlord.
• Baker’s Crust leased 3,977 square feet of retail space in Landstown Commons at 3388 Princess Anne Road in Virginia Beach.  Levi Thomson and Kris Fuller represented the landlord.
• Scents of Serenity Organic Spa leased 3,859 square feet of retail space in West Broad Village III at 4001 Whittall Way in Glen Allen, Va.  Harrison Hall and Peter Vick represented the tenant.
• Turpin For Senate Campaign Office leased 3,600 square feet of retail space in Executive Cove at 5606 Virginia Beach Boulevard in Virginia Beach.   Kayla Olson represented the landlord.
• Rinker Design Associates leased 3,079 square feet of office space in Two Columbus Center at 4500 Main Street in the Town Center of Virginia Beach.  Michael Divaris, Vivian Turok and Krista Costa represented the landlord.
• Moe’s Southwest Grill leased 3,000 square feet of retail space in Fairfield Shopping Center at 5242 Fairfield Shopping Center in Virginia Beach.   George Fox and Kris Fuller represented the landlord.
• Hand & Stone leased 2,855 square feet of retail space in Landstown Place at 1909 Landstown Centre Way in Virginia Beach.  George Fox represented the tenant.
• Hygenia Kitchen & Wine Bar leased 2,786 square feet of retail space at 3 East Mellen Street in Hampton, Va.  Missy Martinovich represented the landlord.
• Old Dominion Pediatrics leased of 2,645 square feet of office space in Fountain Park at 9323 Midlothian Turnpike in Richmond.  Eric Hammond, Laikyn Severson and John Madures represented the landlord.
• Phoebus Dive Bar leased 2,600 square feet of retail space in 31 East Mellen Street in Hampton, Va.  Missy Martinovich represented the landlord.
• Lolita’s leased 2,568 square feet of retail space at 2929 West Cary Street in Richmond.  Peter Vick and Harrison Hall represented the landlord.
• Row House leased 2,240 square feet of retail space in Winterfield Crossing at Midlothian Turnpike and Winterfield Road in Midlothian, Va.  Peter Vick and Harrison Hall represented the landlord.
• Summit Funding leased 2,153 square feet of office space in the Armada Hoffler Tower at 222 Central Park Avenue in the Town Center of Virginia Beach.  Michael Divaris, Vivian Turok and Krista Costa represented the landlord.
• Lily of the Valley leased 2,125 square feet of retail space in Foxfire Center at 2401 Seaboard Road in Virginia Beach.   Kayla Olson represented the landlord.
• Chesapeake Bay ENT leased 2,011 square feet of office space in One Columbus Center at 283 Constitution Drive in the Town Center of Virginia Beach.  Michael Divaris, Vivian Turok and Krista Costa represented the landlord.
• Armor Insurance Group leased 2,007 square feet of office space in Reflections III at 208 Golden Oak Court in Virginia Beach.   Elizabeth Paasch represented the tenant.
• Carytown Bicycle Company leased of 2,000 square feet of retail space in Winterfield Crossing at Midlothian Turnpike and Winterfield Road in Midlothian, Va.  Peter Vick and Harrison Hall represented the landlord.

• JS Held leased 1,850 square feet of office space in the Russo Building at 4669 South Boulevard in Virginia Beach.  Krista Costa and Nicole Campbell represented the landlord.
• Smooth Downtown leased 1,600 square feet of retail space at 2397 Liberty Way in Virginia Beach.  Kayla Olson represented the landlord.
• Regional Finance leased 1,588 square feet of office space in Windwood Centre at 780 Lynnhaven Parkway in Virginia Beach.  Elizabeth Paasch and Vivian Turok represented the landlord.
• Bold Realty leased 1,586 square feet of retail space in Executive Cove at 5608 Virginia Beach Boulevard in Virginia Beach.   Kayla Olson represented the landlord.
• Chanello’s Pizza leased 1,500 square feet of retail space in Lynnhaven Square at 2077-2085 Lynnhaven Parkway in Virginia Beach.  George Fox and Kris Fuller represented the landlord.
• Bel Pre #1 Pharmacy leased 1,440 square feet of retail space in Layhill Shopping Center at 14446 Layhill Road in Silver Spring, Md.  Susan McGee represented the landlord.
• EZ Cash Depot leased 1,200 square feet of retail space at 1752 Columbia Road NW in Washington, DC.  Rob Gray and Joe Farina represented the landlord.
• Aqua S leased 1,073 square feet of retail space in the Hickman Place Shopping Center at 2204 General Booth Boulevard in Virginia Beach.   Aeri Jai represented the tenant.
• Sunrise Counseling and Psychological Services leased 1,019 square feet of office space in Windwood Centre at 780 Lynnhaven Parkway in Virginia Beach.  Elizabeth Paasch represented the landlord.
• Worldship leased 1,007 square feet of office space in the Hampton Ritchie Business Center at 704 Ritchie Road in Capitol Heights, Md.  Joe Farina and Tony Thur represented the landlord.
• Dermalogica leased 446 square feet of office space at 70 University Avenue in Toronto, Ontario, Canada.  Michael Divaris and Krista Costa represented the tenant.

 

Lease Renewals

• Food Lion renewed its lease for 38,307 square feet of retail space in Spruce Street Station at 1101 Brookdale Street in Martinsville, Va.  David Bickford represented the landlord.
• Food Lion renewed its lease for 29,000 square feet of retail space in Glenwood Square at 8401 Hampton Boulevard in Norfolk.  David Bickford represented the landlord.
• Bravo! Cucina Italiano renewed its lease for 7,946 square feet of retail space in the Town Center of Virginia Beach at 193 Central Park Avenue.  Gerald Divaris, Erica Rorrer and Sezin Cortinas represented the landlord.
• Leslie’s Pool Supplies, Service & Repair renewed its lease for 5,200 square feet of retail space in Academy Crossing at 3200 Academy Avenue in Portsmouth, Va.  David Bickford represented the landlord.
• America’s Best Contacts & Eyeglasses renewed its lease for 3,150 square feet of retail space in Waynesboro Town Center at 831 Town Center Drive in Waynesboro, Va.  Brett McNamee, Ali McCrickard and Laikyn Severson represented the landlord.
• The Royal Chocolate renewed its lease for 1,729 square feet of retail space in the Town Center of Virginia Beach at 164 Central Park Avenue.  Gerald Divaris, Erica Rorrer and Sezin Cortinas represented the landlord.
• A Tech Systems renewed its lease for 1,702 square feet of office space in Southport Trade Center at 349 Southport Circle in Virginia Beach.  Vivian Turok and Elizabeth Napolitano represented the landlord.
• Metro PCS renewed its lease for 1,575 square feet of retail space in Victory Crossing at 4006 Victory Boulevard in Portsmouth.  George Fox represented the landlord.
• Sally Beauty Supply renewed its lease for 1,400 square feet of retail space in Waynesboro Town Center at 740 Town Center Drive in Waynesboro.  Brett McNamee, Ali McCrickard and Laikyn Severson represented the landlord.
• Todds Lane Grocery renewed its lease for 1,210 square feet of retail space in Todd Shopping Center at 2314 Mercury Boulevard in Hampton.  Aeri Jai and Mary McGovern represented the landlord.
• Bioscrip Infusion Services renewed its lease for 1,124 square feet of office space in Liberty Commons at 12695 McManus Boulevard in Newport News, Va.   Karen Beale, SIOR represented the landlord.

• Made Men Barber Shop renewed its lease for 1,044 square feet of retail space in Lake Shores Plaza at 5193 Shore Drive in Virginia Beach.  David Bickford represented the landlord.
• Eclectic Design Florist and Gifts renewed its lease for 777 square feet of retail space in the Town Center of Virginia Beach at 222 Central Park Avenue.  Gerald Divaris, Erica Rorrer and Sezin Cortinas represented the landlord.

• Tidewater Counseling Group renewed its lease for 600 square feet of office space in Liberty Commons at 12695 McManus Boulevard in Newport News.   Karen Beale, SIOR 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 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 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.