Divaris Real Estate’s Hampton Roads Office Completes Eight Transactions Totaling 19,854 Square Feet

7/2/18

Divaris Real Estate, Inc. (DRE) announces the completion of eight transactions totaling 19,854 square feet of new and renewed commercial space throughout the greater Hampton Roads, Virginia market.

Lease Transactions

Valkyrie Enterprises leased 8,130 square feet of office space located at 390 Camarillo Ranch Road in Camarillo, California. Maria Hammerson, Vivian Turok and Mary McGovern represented the tenant in the lease negotiations.

Boost Mobile leased 1,800 square feet of retail space in the Ocean View Shopping Center located at 167 West Ocean View in Norfolk, Virginia. Eric Hammond and Dean Foster represented the tenant in the lease negotiations.

R&B Asian Food Corporation leased 1,200 square feet of retail space in the Divaris-leased and -managed Fairfield Shopping Center located at 5242 Fairfield Shopping Center in Virginia Beach. George Fox and Kris Fuller represented the landlord in the lease negotiations. Other tenants in Fairfield Shopping Center include: Food Lion, T.J.Maxx, Taylors Do-It Center, Moe’s Southwest Grill, Five Guys Burgers and Fries, AT&T, Hardee’s, SunTrust, Starbucks, and Dominos.

Next Barber Shop leased 1,000 square feet of retail space in the Divaris-leased Crossways Shopping Center located at 1412 Greenbrier Parkway in Chesapeake, Va. David Redmond represented the landlord in the lease negotiations. Other tenants in Crossways Shopping Center include: Ross Dress for Less, Marshalls, T.J.Maxx, ULTA, Value City Furniture, Michael’s, Rack Room Shoes, Panera and Kirklands.

Branscome Incorporated leased 736 square feet of office space in the Divaris-leased Kempsville Road Office building located at 1446 Kempsville Road in Virginia Beach. Krista Costa and Katherine Olson represented the landlord in the lease negotiations.

Lease Renewals

Mattress Firm renewed its lease for 3,982 square feet of retail space in Crossways Shopping Center. David Redmond represented the landlord in the lease negotiations.

Insight Technology Solutions renewed its lease for 1,670 square feet of office space in the Divaris-leased Harbour Breeze Professional Center located at 1530 Breezeport Way in Suffolk, Va. Krista Costa, Katherine Olson and Nicole Campbell represented the landlord in the lease negotiations.

Cold Stone Creamery renewed its lease for 1,336 square feet of retail space in the Divaris-leased and -managed Town Center of Virginia Beach located at 228 Central Park Ave. Erica Rorrer, Sezin Cortinas and Gerald Divaris represented the landlord 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 over 36.7 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.

Recent Deals

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