VIRGINIA BEACH, VA – Michael B. Divaris, President of Divaris Real Estate, Inc., announced that Armada Hoffler Properties has sold the Sentara New Town Medical Office Building to an undisclosed purchaser for $15.45 million ($314 per square foot).
Divaris Leases 136,000 SF to Sam’s Club at Marquis Shopping Center in Williamsburg, Va
VIRGINIA BEACH, VIRGINIA: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced that Sam’s Club has leased 136,454 square feet of retail space in The Marquis at Williamsburg, located at 500 Marquis Parkway, in Williamsburg, Virginia. The lease negotiations were handled on behalf of the landlord, Marquis Williamsburg Real Estate Holdings, LLC, by Zach Means and Larry Agnew of DRE’s Richmond office, and Mary McGovern of DRE’s Virginia Beach office. Other tenants at The Marquis include Target, Dick’s Sporting Goods, Best Buy, Kohl’s and J.C. Penney.
Tags: marquis shopping center, retail leasing, richmond, williamsburg
Divaris Completes Four Transactions Totaling More Than 21,000 SF in Southeastern Virginia
VIRGINIA BEACH, VIRGINIA: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced the completion of four retail transactions, totaling 21,688 square feet.
Tags: Newport News, retail leasing, virginia beach, williamsburg
DRE Appointed to Lease and Manage The Marquis in Williamsburg
Virginia Beach, Virginia: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc., announced that DRE has been appointed the exclusive leasing and management firm for The Marquis, located at Route 199 and I-64 in Williamsburg, Virginia. The Marquis is a 750,000-square-foot, regional power center. At its completion, The Marquis will be the largest retail development in Williamsburg, featuring specialty retailers and restaurants and several big-box retailers including Target, Kohl’s, Dick’s Sporting Goods, Best Buy and JCPenney.
Tags: retail leasing, the marquis, williamsburg
DRE Appointed to Lease and Manage The Marquis in Williamsburg
Virginia Beach, Virginia: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc., announced that DRE has been appointed the exclusive leasing and management firm for The Marquis, located at Route 199 and I-64 in Williamsburg, Virginia. The Marquis is a 750,000-square-foot, regional power center. At its completion, The Marquis will be the largest retail development in Williamsburg, featuring specialty retailers and restaurants and several big-box retailers including Target, Kohl’s, Dick’s Sporting Goods, Best Buy and JCPenney.
Tags: development, power center, retail, williamsburg