Divaris Real Estate, Inc. (DRE), announced the completion of eight transactions totaling 27,928 square feet of commercial space in the central and southwestern Virginia markets.

Sales Transaction

High Summit Partners, LLC purchased a 16,376-square-foot commercial property, located at 1200-1209 Westover Hills Boulevard in Richmond from Joginder P. Jassal for $1,411,500. The two-unit strip center is anchored by Family Dollar. John Madures and Eric Hammond represented the seller in the transaction.

Lease Transactions

Michael E. Krone, DDS, PLLC leased 2,190 square feet of office space in the Divaris-leased and -managed Cloverhill Medical Center located at 13841 Hull Street Road in Chesterfield, Va. Eric Hammond, Peter Vick and Harrison Hall represented the landlord in the lease negotiations. Other tenants in the medical office building include: Trawick Family Dentistry, Swift Creek Eye Center, Tyson Anderson Family Dentistry, Pediatric Dentistry & Orthodontics of VA, and Edward Jones.

Solidcore NOVA leased 1,934 square feet of retail space in the Divaris-leased GreenGate located at West Broad Street, Building E in Richmond. Peter Vick and Harrison Hall represented the landlord in lease negotiations.

Hatton Associates leased 1,654 square feet of office space in the Divaris-leased property at 1507 Huguenot Road in Midlothian, Va. Eric Hammond and Dean Foster represented the landlord in the lease negotiations.

BoostMobile leased 1,600 square feet of retail space in Midlothian Crossing located at 8527 Midlothian Turnpike in Richmond. Eric Hammond and Dean Foster handled the lease negotiations on behalf of the tenant.

Joyner Law, PLLC leased 1,574 square feet of office space in the Divaris-leased property located at 16 South 2^nd Street in Richmond. Eric Hammond and Dean Foster represented the landlord in the lease negotiations.

uBREAKiFIX leased 1,400 square feet of retail space in the Short Pump Corner Shopping Center located at 11571 West Broad Street in Richmond. Harrison Hall and Peter Vick represented the tenant in the lease negotiations.

Mochicko Cville leased 1,200 square feet of retail space in the Divaris-leased 5^th Street Station located at 5^th Street in Charlottesville, Va. Larry Agnew 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; 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 36.8 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.