Divaris Real Estate’s Hampton Roads Office Negotiates Three Transactions Totaling 19,941 Square Feet

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of the following three transactions totaling 19,941 square feet of new and renewed commercial space.

New Transactions

Team Fishel Engineering of Virginia leased 8,723 square feet of office space at the Divaris-leased 130 Research Drive in Hampton, Va.  DRE’s Chris Bendit represented the landlord while Krista Costa and Katherine Olson of the Virginia Beach office of Divaris represented the tenant in the lease negotiations.


Lease Renewals

Town Center City Club renewed its lease for 8,368 square feet of retail space in Town Center of Virginia Beach located at 222 Central Park Avenue in Virginia Beach.  DRE’s Erica Rorrer, Sezin Cortinas and Gerald Divaris represented the landlord in the lease negotiations.  Town Center of Virginia Beach is leased and managed by Divaris Real Estate.   Other restaurant tenants in the mixed-use Town Center include:  Ruth’s Chris Steak House, The Cheesecake Factory, P.F. Chang’s China Bistro, California Pizza Kitchen, McCormick & Schmick’s, Yard House and Tupelo Honey Café.


Select Resource Group renewed its lease for 2,850 square feet of office space in the Divaris-leased Parkway 4 Building located at 2697 International Parkway in Virginia Beach.  Bendit represented the landlord in the lease negotiations.


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 over 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.