Michael B. Divaris, president of Divaris Real Estate, Inc. (DRE), announced the renewal of two leases for office space totaling 5,004 square feet. Negotiations were handled through the Virginia Beach, Virginia, office of DRE.

Dermalogica renewed its lease for 3,104 square feet of office space located at 1177 West Hastings Street in Vancouver, British Columbia, Canada. Michael Divaris, Vivian Turok and Krista Costa of Divaris Real Estate represented the tenant in the negotiations with the landlord, Golden Properties, Ltd.

Dermalogica also renewed its lease for 1,900 square feet of office space in Northwest Park located at 131 Middlesex Turnpike in Burlington, Massachusetts. Divaris, Turok and Costa also represented the tenant in the negotiations with the landlord, N.W. Building 34 Trust.

Divaris has been the exclusive real estate representative of Dermalogica for over 15 years for its real estate requirements in the U.S. and Canada. DRE has completed over 30 transactions including securing business unit offices in major cities across the country, placement of a distribution center on the East Coast, and relocation of Dermalogica’s global operations headquarters and distribution facility in Los Angeles.

Dermalogica’s products are found in more than 6,500 preferred skin treatment centers, salons and spas around the world. Over 20 years ago, Dermalogica entered the skin care industry to shift the focus of care and products towards skin health and away from esthetic beauty, emphasizing personalized results through prescribed home care, rather than luxury, indulgence and pampering.

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 in excess of 26 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.