The Divaris Real Estate Richmond Office Reports A Lucrative July

$8.85 million in sales makes this a top month for closings in 2022.

Richmond, Va. (August 5, 2022) Divaris Real Estate announces another successful month in the Richmond market closing $8.85 million in sales for the month of July. Divaris’ Richmond office is located in the heart of Downtown Richmond in the Williams Mullen Center, and provides full service commercial real estate services covering The Greater Richmond Region and Central Virginia including Colonial Heights, Colonial Heights, and Charlottesville.

The Richmond team is led by Principal Loretta Cataldi, who concluded July’s sales streak with a $2.3 million sale. Cataldi represented 571 Branchlands Charlottesville LLC in the sale of 4,921 square feet of retail property. The  former restaurant space was purchased by El Imperio LLC. 

“We’re on track for a big year, and I’m proud of all that our team has accomplished. John Madures continues his sale -streak and will have a very successful year,” said Cataldi.

Throughout July, John Madures, vice president at Divaris’ Richmond Office, represented NAHIL LLC on the sale of two of its properties. WMD Construction purchased 4,200 square feet of industrial property located at 2614 Lancelot Ave. in Richmond for $600,000. GT Tracs Inc purchased 1.54 acres of retail property located at 2320 Oaklawn Blvd. in Hopewell for $500,000.  

Madures also represented Q&L Realty LLC in the purchase of the $5.45 million Southpark Shopping Center in Colonial Heights. Land Associates Limited Partnership sold the 34,705 square-foot shopping center located at 1829-1865 Southpark Blvd, Colonial Heights. 

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 and Raleigh, 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 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 CEO, and Michael B. Divaris is President and Chief Operating Officer of Divaris Real Estate, Inc. 

Divaris Real Estate is a member of Realty Resources, ( 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, ( 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.

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