shopping center

COMMERCIAL REAL ESTATE SPECIALISTS

NEWMARKET SOUTH SHOPPING CENTER IS SOLD TO THE DILWEG COMPANIES

Posted on December 22, 2003  /  in News Releases  /  No Comments

Newport News, Virginia:  Michael B. Divaris, President of Divaris Real Estate, Inc. announced the sale of Newmarket South Shopping Center located at 5100 Mercury Boulevard in Newport News, Virginia to The Dilweg Companies.   The 391,785-square-foot shopping center is anchored by Food Lion, The Dump, Goodwill Super Thrift Store and A&N Superstore.  It is leased by Divaris Real Estate.

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Coliseum Corner is Sold to Ziff Properties, Inc.

Posted on December 16, 2003  /  in News Releases  /  No Comments

Hampton, Virginia:  Michael B. Divaris, President of Divaris Real Estate, Inc. announced the sale of Coliseum Corner shopping center located at 2165 Cunningham Drive in Hampton, Virginia to Ziff Properties, Inc. The 49,444-square-foot shopping center is anchored by Rugged Wearhouse and Washington Mutual Finance and is leased and managed by Divaris Real Estate.

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DOMINION MARKETPLACE IS SOLD TO FOCUSED RETAIL PROPERTY FUND 1, LLC

Posted on November 10, 2003  /  in News Releases  /  No Comments

Chesapeake, Virginia:  Michael B. Divaris, President of Divaris Real Estate, Inc. announced the sale of Dominion Marketplace shopping center located at 910 Great Bridge Boulevard in Chesapeake, Virginia to Focused Retail Property Fund I, LLC.    The 75,506-square-foot shopping center is anchored by Food Lion and Family Dollar and leased by Divaris Real Estate.

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WAL-MART REAL ESTATE PURCHASES 7.87 ACRES AT JANAF SHOPPING CENTER, IN NORFOLK

Posted on December 05, 2002  /  in News Releases  /  No Comments

Norfolk, Virginia:  Gerald S. Divaris, Chairman and CEO of Divaris Real Estate, Inc., announced the sale of 7.87 acres of commercial-zoned land, located at Military Highway and Lowery Road in Norfolk, Virginia to Wal-Mart Real Estate Business Trust in the Janaf Shopping Center.  The Janaf Shopping Center houses T.J. Maxx, Marshall’s, Circuit City, Sports Zone and other various stores.

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T.J. Maxx Leases 30,000 Square Feet in Crossways Shopping Center

Posted on September 12, 2002  /  in News Releases  /  No Comments

Chesapeake, Virginia:  Gerald S. Divaris, Chairman/CEO of Divaris Real Estate, Inc., announced the signing of a lease with T.J. Maxx for 30,000 square feet of retail space in the Divaris leased Crossways Shopping Center, located at 1412 Greenbrier Parkway in Chesapeake, Virginia.  T.J. Maxx joins Ross Dress For Less, DSW Shoe Warehouse, Marshall’s, Value City Furniture and Dress Barn in Crossways Shopping Center.

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