Divaris Real Estate Announces $38 Million and 259,826 Square Feet in Completed Transactions for May 2020

VIRGINIA BEACH, VIRGINIA (June 15, 2020) – Divaris Real Estate, Inc. (DRE) announces the completion of 56 transactions totaling $38,480,958 and 259,826 square feet of sold, leased and renewed commercial property throughout Virginia, Maryland, and North and South Carolina in May 2020.

Sale Transactions

Vikramaditya Railan purchased the 53,430-square-foot Boulevard Medical Center medical office building at 8301 Arlington Blvd. in Fairfax, Va from HSRE-CAPMED Fairfax PC, LLC for $4.6 million. Joe Farina and Amit Grover represented the buyer.
Capital Square Development, LLC purchased 1.32 acres of land at 320 and 328 West South Street in Raleigh, NC from Victory Tabernacle Church of Raleigh, NC, Inc. for $4.2 million. Zach Means represented the buyer.

Transform SHS Properties, LLC sold the 22,180-square-foot former Sears HomeCentral Parts & Repair Center industrial building at 102 South Witchduck Road in Virginia Beach to Michael D. Sifen, Inc. for $3,000,000. Dave Redmond represented the seller.
Corporate Park Associates 8, LC purchased six acres of land at 220 Corporate Blvd. in Norfolk, Va. from FHC Property Holdings, LLC for $2,250,000. Vivian Turok and Jason Oliver represented the buyer. Corporate Park Assoc. 8 is an affiliate of Robinson Development Group.
Harbourview Partners sold five acres of land at 1030 Champions Way in Suffolk, Va. to Upstate Ent Properties, LLC for $1,050,000. Levi Thomson and Dave Redmond represented the seller.
Mid-Atlantic IRA, LLC sold a 4,840-square-foot medical office building at 3204 Churchland Blvd. in Chesapeake, Va. to Summerb, LLC for $705,000. Jason Oliver CCIM, Vivian Turok, Amit Grover and Elizabeth Napolitano represented the seller.
Thomas L. Jackson sold three parcels at 11 and 15 East Mellen St. and 14 East County St. in Hampton to Clark Building, LLC for $625,000. Missy Martinovich represented the buyer. The buildings at 11 and 15 East Mellen St. are two stories totaling 6,877 square feet. The building at 14 East County St. is one story with 1,472 square feet.
Bruhl Chemical Trade, Inc. purchased a 1,500-square-foot office suite at 8819 University East in Charlotte, NC, from Gang Wu and Yue Xiong for $173,000. Charles Neil and Logan Winslow represented the buyer.
MP of Clarksburg LLC, doing business as Manhattan Pizza, purchased 1,290 square feet of retail space in Highlands at Clarksburg at 23221 Stringtown Road in Clarksburg, Md from Pizza 500, LLC for $159,000. Robert Gray and Tony Thur represented the seller.

Lease Transactions

Valkyrie leased 29,448 square feet of office space in Park West at 2877 Guardian Lane in Virginia Beach. Vivian Turok, Mary McGovern and Casey Kimmel represented the tenant.
Nobel Learning Communities leased 11,500 square feet of retail space in Loudoun Station at 43805 Central Station Drive in Ashburn, Va. Brandon Howard represented the tenant.
Tidewater Physicians Multispecialty Group leased 6,211 square feet of medical office space in Harbour Breeze Professional Center, Building Five, at 1500-1540 Breezeport Way in Suffolk, Va. Krista Costa and Nicole Campbell represented the landlord.
Insignia Technology Services leased 5,800 square feet of office space in Cross Creek Commons at 45150 Russell Branch Parkway in Ashburn, Va. Joe Farina and Amit Grover represented the landlord.
Image Business Interiors leased 5,641 square feet of office space in Five Columbus Center at 4525 Columbus St. in Virginia Beach’s Town Center. Michael Divaris and Jason Oliver represented the landlord.
Health Educators leased 5,453 square feet of office space in Parham East Office Park at 2201 East Parham Road in Richmond. John Madures represented the landlord.
Performance First leased 4,000 square feet of industrial space at 2517 Squadron Court in Virginia Beach. Missy Martinovich represented the tenant.
Phit Shop leased 3,200 square feet of retail space in Newport Crossing Shopping Center at 439-467 Oriana Road in Newport News, Va. Caroline Zarpas and George Fox represented the landlord.
Cary Bowen, Esquire law firm leased 2,698 square feet of office space in Landmark Office Park at 8716 Landmark Road in Henrico, Va. John Madures represented the landlord.
The LAB leased 2,375 square feet of industrial space at 1009 Scenic Parkway in Chesapeake, Va. Krista Costa and Nicole Campbell represented the tenant.
Game City leased 2,200 square feet of retail space at 2320 Oaklawn Blvd. in Hopewell, Va. John Madures represented the landlord.
Medical Transport Co. leased 2,115 square feet of office space at 314 Exchange Alley in Petersburg, Va. John Madures represented the landlord.
Electric Unicorn leased 2,000 square feet of retail space in Church Road Plaza at 4665 Church Road in Sterling, Va. Robert Gray and Tony Thur represented the landlord.
Stemtree of Lake Ridge leased 2,000 square feet of retail space at 12371 Dillingham Square in Lake Ridge, Va. Robert Gray and Tony Thur represented the tenant.
AMG National Trust Bank leased 1,970 square feet of office space in Windwood Centre at 780 Lynnhaven Parkway in Virginia Beach, Va. Elizabeth Paasch represented the landlord.
Beyond Beauty Bridal leased 1,770 square feet of office space in Technology Center at 613 Diligence Drive in Newport News, Va. Karen Beale, SIOR represented the landlord.
Blazing Cuts & Styles leased 1,440 square feet of retail space in Broad Creek Shopping Center at 1261 North Military Highway in Norfolk, Va. Caroline Zarpas, George Fox and Kris Fuller represented the landlord.
Verizon Wireless leased 1,414 square feet of retail space in East Beach Marketplace at 4227 East Little Creek Road in Norfolk. George Fox and Kris Fuller represented the landlord.
Tobacco & Vape leased 1,306 square feet of retail space in Lake Shores Plaza at 5193 Shore Drive in Virginia Beach. David Bickford represented the landlord.
Sun Collectors subleased 1,222 square feet of office space in ThExchange at 5601 77 Center Drive in Charlotte. Charles Neil and Logan Winslow represented the tenant.
Liberty Wireless of NC leased 1,200 square feet of retail space at 4203 1120 West Sugar Creek Road in Charlotte. Charles Neil and Logan Winslow represented the landlord.
Mr. Fix leased 1,071 square feet of retail space in Chesapeake Commons at 4107 Portsmouth Blvd. in Chesapeake, Va. Levi Thomson and Kris Fuller represented the landlord.
Nalu Boutique leased 1,000 square feet of retail space in Gaitherstowne Plaza at 206-300 North Frederick Ave. in Gaithersburg, Md. Joseph Farina and Cassandra Maloney represented the landlord.
Reverend Derrick Fontenot, Sr. leased 1,000 square feet of retail space in South Crater Road Plaza at 2733 South Crater Road in Petersburg. John Madures represented the landlord.
Liberty Tax leased 750 square feet of retail space in West Little Creek Shoppes at 129-143 West Little Creek Road in Norfolk. Kris Fuller and George Fox represented the landlord.
Refuel, LLC leased 525 square feet of office space in 29 South Mallory St. in Hampton, Va. Missy Martinovich represented the landlord.
Virginia Southeast Church of Christ leased 379 square feet of office space in Fort Monroe Building 268 at 102 Pratt St. in Fort Monroe, Va. Elizabeth Napolitano represented the landlord.
Harris Teeter leased space for a fuel center in Alexander Pointe at 850 Jake Alexander Blvd. in Salisbury, NC. Charles Neil represented the tenant.
Golden Child Enterprises leased 167 square feet of second-floor office space at 29 South Mallory Street in Hampton, Va. Missy Martinovich represented the landlord.

Lease Renewals

Planet Fitness renewed its lease for 16,900 square feet of retail space in East Beach Marketplace at 4227 East Little Creek Road in Norfolk. George Fox and Kris Fuller represented the landlord.
National Car Care renewed its lease for 4,000 square feet of retail space in Diamond Springs North at 1948 Diamond Springs Road in Virginia Beach. George Fox and Kris Fuller represented the landlord.
Rent-A-Center renewed its lease for 4,000 square feet of retail space in Victory Crossing at 4000 Victory Blvd. in Portsmouth. George Fox and Caroline Zarpas represented the landlord.
Fidelity National Title Insurance Company renewed its lease for 3,039 square feet of office space at 4525 Main Street in the Town Center of Virginia Beach. Michael Divaris, Krista Costa and Vivian Turok represented the landlord.
H&R Block Eastern Enterprises, Inc. renewed its lease for 2,350 square feet of office space in Six Columbus Center at 4505 Columbus Street in the Town Center of Virginia Beach. Erica Rorrer and Elizabeth Paasch represented the landlord.
Chipotle renewed its lease for 2,291 square feet of retail space in La Plata Village Square at 105 Drury Drive in La Plata, Md. Joe Farina represented the landlord.
Hammer Law, P.C. renewed its lease for 2,185 square feet of office space in Liberty III at 1317 Executive Blvd. in Chesapeake. Brian Devlin represented the landlord.
Telesense renewed its lease for 2,000 square feet of retail space at 130 East Belt Blvd. in Richmond. John Madures represented the landlord.
I-Mazing Solutions, Inc. renewed its lease for 1,872 square feet of office space in Lake Center I at 501 Independence Parkway in Chesapeake. Brian Devlin represented the landlord.
Caliber Mortgage renewed its lease for 1,650 square feet of office space at 1325-1327 14th Street NW in Washington, DC. Rob Gray represented the landlord.
Bravo Dance Academy renewed its lease for 1,507 square feet of retail space in Renaissance Square at 11124 Renaissance Drive in Davidson, North Carolina. Charles Neil and Cabell Sheild represented the landlord.
Ultimate Tan renewed its lease for 1,500 square feet of retail space in Cypress Run Plaza at 13412 Benns Church Road in Smithfield, Va. George Fox represented the landlord.
Jimmy John’s renewed its lease for 1,485 square feet of retail space in Two Columbus Center at 4500 Main Street in the Town Center of Virginia Beach. Gerald Divaris, Erica Rorrer and Sezin Cortinas represented the landlord.
Super China renewed its lease for 1,200 square feet of retail space in Oyster Point Square at 11710 Jefferson Ave. in Newport News. George Fox and Caroline Zarpas represented the landlord.
T-Mobile South renewed its lease for 1,200 square feet in North Hampton Market at 60150A Wade Hampton Blvd. in Taylors, South Carolina. Charles Neil, Diana Teitsma and Logan Winslow represented the landlord.
Score More Sports Collectibles renewed its lease for 1,052 square feet of retail space in Harper Hill Commons at 5049 Country Club Rd in Winston-Salem, NC. Charles Neil represented the landlord.

Harvesttime Office Furniture renewed its lease for 1,007 square feet of office space in Harbour Breeze Professional Center, Building Five, at 1500-1540 Breezeport Way in Suffolk, Va. Krista Costa and Nicole Campbell represented the landlord.

Innovative Vision Technologies renewed its lease for 696 square feet of office space in Oxford Plaza at 1 Enterprise Parkway in Hampton, Va. Brian Devlin 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 and Raleigh, NC; Charleston, SC; 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.