Divaris Real Estate, Inc. (DRE) announces the completion of two transactions totaling 10,300 square feet of new and renewed commercial space in Suffolk and Newport News, Virginia.

MOD Super Fast Pizza leased 2,800 square feet of retail space in Hampton Roads Crossing Shops located at 1013 University Boulevard in Suffolk. Levi Thomson represented the landlord in the lease negotiations. Other tenants in the Kroger Marketplace-anchored Hampton Roads Crossing include: DSW, ULTA, Petco, Five Below, Michael’s, Texas Roadhouse, The Village Inn, Zaxby’s and Freddy’s Frozen Custard and Steakburgers.

Lease Renewal

Capitol Lighting & Supply renewed its lease for 7,500 square feet of office space in the Divaris-leased Technology Center located at 813 Diligence Drive in Newport News. Karen Beale, SIOR represented the landlord in the lease negotiations. Other tenants in Technology Center include: Casey Auto Group, Newport News Schools, Kelly Services and Hutco, Inc.

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 over 36.8 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.