RICHMOND, VIRGINIA: Michael B. Divaris, president of Divaris Real Estate, Inc. (DRE), announced the signing of four leases and one sale totaling 20,329 square feet of commercial space in Richmond, Virginia. Negotiations were handled by the agents of DRE’s Richmond office.
Ron Keidel Engineering purchased a 11,756-square-foot office/warehouse building located at 126 Agency Avenue in Richmond for $430,000. The electrical engineering, design and programming company specializes in city and state utility engineering projects. DRE’s John Madures represented the seller, DBK Properties, LLC, in the sale.
Bowen, Champlin & Foreman, PLLC leased 2,698 square feet of office space in the Divaris-leased Landmark Office Park located at 8716 Landmark Road in Richmond. Since 1997, the firm has offered legal representation in many and varied areas of law, including criminal and traffic charges, juvenile and domestic, civil litigation, business, contract law, personal injury law, creditors’ rights advocacy, real estate, and estate planning. Madures represented the landlord, Scott Douglas Corp., in the lease negotiations.
T-Mobile leased 2,600 square feet of retail space in the Divaris-leased property located at 11591 West Broad Street in Glen Allen, Virginia. Headquartered in Bellevue, Washington, T-Mobile USA is a national provider of wireless voice, messaging, and data services capable of reaching over 308 million Americans where they live, work, and play. This location, along with co-tenant For Eyes Optical, is ideally situated across from Short Pump Town Center. Divaris’ Zachary Means handled the lease on behalf of the landlord, TF, LP.
AMC Technology leased 1,676 square feet of office space in the Divaris-leased Chesterman Place located at 100 West Franklin Street in Richmond. The historic property in downtown Richmond is also the site of VirginiaSAVES; Duane, Hauck, Davis & Gravatt, PC; Richmond Center for Tax Relief and the Virginia League of Conservation Voters. The landlord, Douglas Development, was represented by DRE’s Brett McNamee and Ali Newton, in the lease negotiations.
Tom Pearson State Farm Insurance leased 1,599 square feet of office space in the Divaris-leased and –managed Fountain Park located at 9321 Midlothian Turnpike in Richmond. Tom Pearson’s combination of experience and access to the best products and services, backed by the number one insurance company in the U.S helps clients meet financial goals, estate strategies and insurance needs. The company offers property and casualty, life, disability and long-term care, and health insurance, automotive loans, mortgages, checking and savings. DRE’s Madures and Steven Lindsay represented the landlord, Midlothian Partners of Virginia LLC, 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 in excess of 26 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.
