Divaris to Manage Norfolk’s Town Point Center Office Building

NORFOLK, VIRGINIA: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced that CIG Town Point Center, LLC has hired Divaris Property Management Corp to manage Town Point Center located at 150 Boush Street in Norfolk, Virginia. The day-to-day property management will be handled by Tazewell Rinehart, senior property manager with DPMC.

The 131,259-square-foot, 12-story, Class A office building is situated in Downtown Norfolk in the heart of the Central Business District.  It is located across from the USS Wisconsin battleship and Half Moone cruise ship terminal and offers extensive water views from its penthouse conference center and penthouse lounge.

Town Point Center is currently 95 percent leased with tenants that include: BDO USA, LLP; The Up Center; Witt Mares, PLC; MCI Communications; Virginia Symphony Orchestra; Goodman Allen Donnelly; and RCMA Americas, Inc.

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; 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 in excess of 29 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.