Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced the completion of four transactions totaling the leasing of 10,018 square feet of commercial space and the sale of 10 acres of land in central Virginia. Negotiations were handled by DRE’s Richmond office.

East End Resources Group 111, LLC purchased 10 acres of land located at 11519 and 11551 Hull Street Road in Richmond from U.B. Properties, Inc. The land will be developed for medical space and flex space office buildings. The ten-acre parcel is located in a commercial retail and office area off Hull Street Road near the Interstate 288 exchange in Midlothian. Divaris’ John Madures represented the buyer in the sale.

O’Hagan Law Offices leased 6,364 square feet of office space in the Divaris-leased and -managed 411 East Franklin Street office building in Richmond. This is a new office in Richmond for the law practice that operates offices in Chicago, Philadelphia, Scranton, PA and Wilmington, DE. Other tenants in 411 East Franklin Street include Hourigan Construction, Virginia Commonwealth University Health Services, US Armed Forces Recruiting, Astyra, and Isler Law Firm. DRE’s Brett McNamee and Ali Newton represented the landlord, Douglas Development, in the lease negotiations.

Kelso and Easter leased 2,054 square feet of office space in the Divaris-leased Chesterman Place located at 100 West Franklin Street in Richmond. The architecture firm joins Hauck, Davis & Gravatt PC and the League of Conservation Voters in the historic downtown Richmond property. McNamee and Newton represented the landlord, Douglas Development, in the lease negotiations.

Ameritel of Lucy Lane leased 1,600 square feet of retail space in the Divaris-leased Coyner Park Shopping Center located at 125 Lucy Lane in Waynesboro, Virginia. The cellular retailer joins Batteries Plus, Virginia ABC store, EBF Smokehouse, A Little Something Sweet, and Lendmark Financial in Coyner Park. DRE’s Zachary Means, Larry Agnew and Pat Dudley represented the landlord, O’Haver Waynesboro LLC 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 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.