Divaris Real Estate’s Richmond Office Completes Two Transaction Totaling 8,700 SF

3/9/18

Divaris Real Estate, Inc. (DRE), announced the completion of two transactions totaling 8,700 square feet of commercial property in the metropolitan Richmond, Virginia market.

Lease Transactions

Burn Boot Camp/Midlothian Fitness leased 5,700 square feet of retail space in the Divaris-leased Woodlake Commons located at 6800 Woodlake Commons Loop in Midlothian, Virginia. DRE’s Peter Vick and Harrison Hall represented the landlord in the lease negotiations. The fitness center joins: Virginia ABC Store, Shogun Steak and Sushi, Allstate Insurance, Spotlight Studio of Dance and Fest Restaurant in Woodlake Commons.

Park Group leased 3,000 square feet of office space in the Divaris-leased Exchange Alley Building located at 23-25 South 13th Street in Richmond. Eric Hammond and Dean Foster represented the landlord in the lease negotiations. This lease represents an expansion of Park Group’s existing premises in Exchange Alley to a total of 17,040 square feet of office space.

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; Washington, DC; and Beverly Hills, CA. 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 approximately 34 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.

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