RICHMOND, VA (December 17, 2019) — Divaris Real Estate, Inc. (DRE), announced the completion of three transactions for sold, leased and renewed commercial properties in Central Virginia.
Sales Transaction
Barter Town, LLC purchased a 4,970-square-foot office building located at 12205 Gayton Road in Henrico, Va, from Blair and Blair Properties, LLC for $805,000. Sara Goodall represented the buyer in the transaction.
The property is a single-story structure with two existing occupants, West End pediatric dentistry and Shield Martial Arts.
Lease Transaction
Old Navy leased 12,850 square feet of retail space in the Divaris-leased Waynesboro Town Center located at 831 Town Center Drive in Waynesboro, VA. This is Old Navy’s first location in the Waynesboro/Staunton market. Brett McNamee, Ali McCrickard and Laikyn Severson represented the landlord in the lease negotiations. Other tenants in Waynesboro Town Center include: Ross Dress for Less, Michael’s, PetSmart, Target, Bed Bath & Beyond, Rack Room Shoes, Books-A-Million, Bath & Body Works, LOFT and America’s Best Contacts & Eyeglasses.
Lease Renewal
Here2Hear renewed its lease for 1,447 square feet of office space in the Divaris-leased and -managed Fountain Park located at 9327 Midlothian Turnpike in Richmond. Laikyn Severson and Madeleine Alderman represented the landlord in the lease negotiations.
About Divaris Real Estate
Divaris Real Estate, Inc. (http://www.divaris.com) 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 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.
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