Divaris adds three retail shopping centers to its Hampton Roads portfolio
- October 23, 2017
Divaris Real Estate Inc. will lease and manage several large retail shopping centers in Hampton Roads.
The company announced that George Fox has been selected to lease three grocery-anchored neighborhood community centers. They are:
Lightfoot Marketplace, 6485 Centerville Road in Williamsburg. The 124,588 square-foot center is anchored by a Harris Teeter grocery store. Harrison Hall and Peter Vick are co-listing the center from DRE’s Richmond office,
Roosevelt Gardens, 2300 East Little Creek Road in Norfolk. The 109,185-square-foot center is anchored by Save-a-Lot,
Oyster Point Square, 11710 Jefferson Ave. in Newport News. Food Lion anchors the 87,800-square-foot center.
Altogether, Divaris reports that it picked up a total of 387,597 new square feet of properties in the Hampton Roads market, including a 57,024-square-foot industrial property at 5200 City Line Road in Hampton. It will be leased by Divaris’ Chris Bendit and managed by the Peninsula office of Divaris Property Management Corp.
In the Richmond market, DRE reports that it will be leasing or managing a total of 154,646 new square feet.
One of the largest deals there was a 63,820-square-foot lease for Warsaw Village, a shopping center, in Warsaw. The center at 4665 Richmond Road is anchored by a Food Lion.
With the new assignments in Hampton Roads and Richmond totaling more 540,000 square feet, Divaris reports that the total of all the properties leased by the company and managed by Divaris Property Management Corp. is more than 32 million square feet in the mid-Atlantic and Southeastern U.S.