Divaris Real Estate’s Hampton Roads Office Negotiates Eight Transactions Totaling 31,669 SF

7/21/17

California Pizza Kitchen

Divaris Real Estate, Inc. (DRE) announces the completion of the following eight transactions totaling 31,669 square feet of new and renewed commercial space.

New Transactions

ASI Security leased 4,000 square feet of office/warehouse in Oyster Point Industrial Park located at 300 Ed Wright Lane in Newport News, Va. DRE’s George Fox represented the tenant in the lease negotiations.

Zabb Restaurant leased 2,400 square feet of retail space in the Divaris-leased 5th Street Station located at 335 Merchant Walk Square in Charlottesville, Va. The Southeast Asian restaurant joins Wegmans, Field & Stream and Dick’s Sporting Goods in 5th Street Station. This will be Agile Hospitality’s second restaurant in Charlottesville. DRE’s Mary McGovern, Erica Rorrer, Larry Agnew and Zach Means represented the landlord in the lease negotiations.

Opus Wealth Strategies leased 2,293 square feet of office space in the World Trade Center located at 101 West Main Street in Norfolk, Va. DRE’s Jason Oliver and Alex Divaris represented the tenant in the lease negotiations.

A-Tech Systems leased 1,702 square feet of office space in the Divaris-leased Southport Trade Center located at 349 Southport Circle in Virginia Beach. DRE’s Vivian Turok and Elizabeth Napolitano represented the landlord in the lease negotiations.

H&R Block leased 1,400 square feet of retail space in the Divaris-leased Ahoskie Commons located at 1434 East Memorial Drive in Ahoskie, North Carolina. Fox represented the landlord in the lease negotiations. Other tenants in the center include Food Lion, Belk and Tractor Supply.

Lease Renewals

Vanasse Hangen Brustlin renewed its lease for 12,823 square feet of office space in the Divaris-leased and -managed Two Columbus Center located at 4500 Main Street in the Town Center of Virginia Beach. Michael Divaris, Vivian Turok, and Krista Costa represented the landlord in the lease negotiations.

California Pizza Kitchen renewed its lease for 5,402 square feet of retail space in in the Town Center of Virginia Beach located at 200 Central Park Avenue. Gerald Divaris, Erica Rorrer and Sezin Cortinas represented the landlord in the lease negotiations.

Applied Research Associates renewed its lease for 1,649 square feet of office space in the Divaris-leased Harbour Breeze Professional Center located at 1500 Breezeport Way in Suffolk, Va. DRE’s Krista Costa and Katherine Olson 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 31 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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