RICHMOND, VA — Michael B. Divaris, president of Divaris Real Estate, Inc. (DRE), announced the signing of three leases totaling 22,399 s/f of office space in the greater Richmond metropolitan area. All leases were handled out of DRE’s Richmond office.
Park Group leased 15,865 s/f of office space at 1207 North Blvd. in Richmond. Other tenants in the property include Cort Furniture. DRE’s senior vice president Brett McNamee represented the landlord, BHL, LC, in the lease negotiations.
Vanguard Utility Services leased 4,782 s/f of office/warehouse space in the Divaris-leased property located at 126 Agency Ave. John Madures of the Richmond office of DRE represented the landlord, DBK Properties, LLC.
Gillman Services leased 1,752 s/f of office space in the Divaris-leased and –managed Fountain Park located at 9321 Midlothian Turnpike in Midlothian, Virginia. Madures handled the negotiations on behalf of the landlord, Midlothian Partners of Virginia, LLC.
VIRGINIA BEACH, VA — Divaris Real Estate, Inc. announced the signing of four leases totaling approximately 19,500 s/f of office space across the Hampton Roads area. Negotiations were handled through the Virginia Beach office of DRE.
Morgan Stanley Smith Barney Financing renewed its lease for 9,310 s/f of office space at the Armada Hoffler Tower in the Town Center of Virginia Beach, located at 222 Central Park Ave. The lease negotiations with the landlord, Armada Hoffler Tower 4, LLC, were handled by Michael Divaris, Vivian Turok and Krista Costa of DRE’s Virginia Beach office. The Town Center of Virginia Beach is leased by Divaris Real Estate and managed by Divaris Property Management Corp.
The Oozlefinch Craft Brewery leased 4,662 s/f of office/warehouse space in Building 12 located at 81 Patch Rd. in the historic former army base Fort Monroe. The 565-acre National Historic Landmark District is being leased by DRE and managed by Divaris affiliate Old Point Comfort Real Estate Services, LLC. The lease negotiations with the landlord, Fort Monroe Authority, were handled by DRE’s Sandy Cohen, Chris Bendit and Elizabeth Greer.
Care Advantage signed a lease for 3,025 s/f of office space at 611 Lynnhaven Parkway in Virginia Beach. Greer and Bendit represented the tenant in the lease negotiations with the landlord, McCormack Enterprises, LLC.
State Farm Insurance leased 2,500 s/f of office space in the Divaris-leased Lynnhaven Commons Office Complex at 562 Lynnhaven Parkway in Virginia Beach. The landlord, Lynnhaven Commons, LLC was represented by DRE’s Paasch and Greer.