DIVARIS REAL ESTATE ANNOUNCES A TOTAL OF 247,296 SQUARE FEET AND 4.93 ACRES OF COMPLETED TRANSACTIONS

Virginia Beach, VA (December 18, 2023) – Headquartered in Virginia Beach, Divaris Real Estate is pleased to announce the completion of the following transactions totaling 247,296 square feet and 4.93 acres in Hampton Roads and Richmond:

SALES

Richard G. Levin Properties purchased a 214,845 square foot retail center on 4.93 acres located at 104 E. Little Creek Road from Midtown Development Corporation in Norfolk. Missy Martinovich represented the buyer.

LEASES

Etuk Americas leased 13,000 square feet of industrial space located at 1710 MacTavish Ave. in Richmond. Cheryle Toy represented the landlord.

Marine Solutions leased 2,722 square feet of office space in Reflections III located at 208 Golden Oak Court in Virginia Beach. Brian Devlin represented the landlord.

Find the Balance Chiropractic & Wellness Center leased 1,200 square feet of office space located at 700 Independence Blvd. in Virginia Beach. Krista Costa, Nicole Campbell and Rachel Salasky represented the landlord.

Taylor Enterprises leased 735 square feet of retail space located at 309 North 2nd St. in Richmond. Loretta Cataldi and Chris Messersmith represented the landlord.

Lava the Label leased 557 square feet of retail space located at 305 North 2nd St. in Richmond. Loretta Cataldi and Chris Messersmith represented the landlord.

RENEWALS/EXPANSIONS

Anne Arundel Dermatology renewed its lease for 5,971 square feet of retail space in Town Center located at 125 Market St. in Virginia Beach. Sezin Cortinas and Gerald Divaris represented the landlord.

Brooks Brothers renewed its lease for 5,656 square feet of retail space in Town Center located at 4554 Virginia Beach Blvd. in Virginia Beach. Gerald Divaris and Sezin Cortinas represented the landlord.

CVR Management renewed its lease for 2,610 square feet of office space in Harbour Breeze Professional Center located at 1500 Breezeport Way in Suffolk. Krista Costa and Nicole Campbell represented the landlord.

 

About Divaris Real Estate

Divaris Real Estate, Inc. is headquartered in Virginia Beach, Va. with offices in Tysons, Newport News, Norfolk, Richmond and Roanoke, Va.; Charlotte and Raleigh, N.C.; Beverly Hills, Calif.; and Rockville, MD. Divaris Real Estate and Divaris Property Management Corp. are divisions of The Divaris Group, an international fully integrated real estate services, brokerage, and property management company that currently manages and/or leases over 39.3 million square feet of prime office, retail, and industrial space throughout the US. Gerald S. Divaris is Chairman of the Board and CEO, Michael B. Divaris is President, and Tony Divaris is Chief Operating Officer of the Divaris Group.

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.