About Divaris Real Estate: Moving Commercial Real Estate Forward
Divaris Real Estate stands as one of the Eastern seaboard’s most established and comprehensive commercial real estate firms. Headquartered in Virginia Beach, Virginia, with offices in Newport News, Norfolk, Richmond, Roanoke, Tysons, Charlotte, Raleigh, Beverly Hills, and Rockville, Divaris has built a reputation for excellence in commercial real estate services spanning over five decades.
Comprehensive Commercial Real Estate Services
Full-Service Platform
Divaris Real Estate provides a complete spectrum of commercial real estate services designed to meet the diverse needs of property owners, tenants, and investors. The company represents many national retail and office tenants, and leases and manages approximately 31 million square feet of commercial property in the Mid-Atlantic and Southeast.
Core Service Offerings
Divaris offers comprehensive services including Brokerage/Leasing, Tenant Representation, Property Management, Investment Sales, Development, Surplus Dispositions, Asset Management, Consulting/Merchandising, Facility Management, and Receivership Services.
Property Management Excellence
Extensive Portfolio Management
Divaris Property Management Corp. oversees a substantial portfolio of commercial properties across multiple markets. Their property management services encompass day-to-day operations, maintenance coordination, tenant relations, and financial management for property owners seeking professional oversight of their real estate investments.
Specialized Property Management Services
The company’s property management division handles various property types including office buildings, retail centers, industrial facilities, and mixed-use developments. Their experienced property managers ensure optimal performance and value preservation for each asset in their portfolio.
Technology-Driven Management
Divaris utilizes advanced property management technology to provide real-time reporting, efficient maintenance coordination, and enhanced tenant communication. Property owners benefit from detailed financial reporting and transparent management processes. 
Leasing and Tenant Representation
National Tenant Representation
Divaris Real Estate represents numerous national retail and office tenants in their expansion and relocation efforts across the Eastern seaboard. Their tenant representation services include site selection, lease negotiation, and market analysis to help businesses make informed real estate decisions.
Retail Leasing Expertise
The company’s retail leasing specialists understand the complexities of modern retail real estate, including changing consumer behaviors, e-commerce impacts, and evolving retail formats. They work with both landlords and tenants to create successful retail environments.
Office Leasing Solutions
Divaris provides comprehensive office leasing services, helping businesses find suitable workspace solutions while assisting property owners in maximizing occupancy and rental income. Their market knowledge spans traditional office buildings to modern flexible workspace solutions.
Investment Sales and Capital Markets
Investment Property Sales
Divaris Real Estate’s investment sales team specializes in the disposition and acquisition of commercial properties across multiple asset classes. They provide comprehensive market analysis, valuation services, and transaction management for property investors.
Capital Markets Expertise
The firm’s capital markets professionals assist clients with complex real estate transactions, including sale-leaseback arrangements, portfolio sales, and institutional investment opportunities. Their extensive market knowledge helps clients achieve optimal transaction outcomes.
Market Analysis and Valuation
Divaris provides detailed market analysis and property valuation services to support investment decisions. Their research capabilities and market intelligence help clients understand local market conditions and investment opportunities.
Development and Project Management Services
Commercial Development Expertise
Divaris Real Estate’s portfolio of repositioning projects runs the gamut from converting a one million square foot mall into a full-service corporate center, to repositioning grocery-anchored shopping centers into regional power centers.
Build-to-Suit Solutions
The development team provides build-to-suit services for businesses requiring customized facilities. From land acquisition, entitlements, build to suit, fee development or lease purchase; they can customize an approach to meet specific client needs.
Project Management Services
Divaris offers comprehensive project management services for commercial real estate developments, renovations, and repositioning projects. Their experienced team manages all aspects of project delivery from conception to completion.
Consulting and Strategic Services
Retail Consulting Expertise
Divaris Consulting Services focuses on market analysis, customer demographics, psychographics, merchandising, pricing analysis, and cutting-edge sales and marketing services for the increasingly competitive brick-and-mortar retail industry.
Asset Management Solutions
The firm provides strategic asset management services to help property owners optimize their real estate investments. This includes repositioning strategies, capital improvement planning, and long-term value enhancement initiatives.
Receivership and Troubled Asset Recovery
Divaris offers specialized receivership services for distressed commercial properties, helping owners and lenders recover value from troubled assets through professional management and strategic repositioning.
Market Presence and Geographic Coverage
Multi-State Operations
Divaris Real Estate’s geographic footprint spans key commercial real estate markets throughout Virginia, North Carolina, Maryland, Washington DC, and California. This extensive coverage allows them to serve clients with multi-market real estate needs.
Regional Market Leadership
In each market they serve, Divaris has established itself as a market leader through deep local knowledge, strong relationships, and proven track record of successful transactions and property management.
Strategic Location Advantages
The company’s office locations are strategically positioned in major commercial centers, providing convenient access for clients and enabling effective coverage of primary and secondary markets throughout their service areas.
Industry Recognition and Expertise
Decades of Experience
With over 50 years in the commercial real estate industry, Divaris has weathered multiple market cycles and developed expertise across various economic conditions. This experience provides valuable perspective for clients navigating today’s commercial real estate challenges.
Professional Team Excellence
Divaris employs experienced commercial real estate professionals including brokers, property managers, leasing specialists, and support staff who understand the complexities of modern commercial real estate transactions and management.
Client-Focused Approach
The firm’s success is built on long-term client relationships and a commitment to delivering results that exceed expectations. Their client-first philosophy drives all aspects of their service delivery.
Frequently Asked Questions (FAQs)
Company Overview
Q: What makes Divaris Real Estate different from other commercial real estate firms? A: Divaris Real Estate combines over 50 years of industry experience with comprehensive service offerings across multiple markets. Unlike firms that focus on single services, Divaris provides full-service commercial real estate solutions including brokerage, property management, development, and specialized consulting services across the Eastern seaboard.
Q: How long has Divaris Real Estate been in business? A: Divaris Real Estate was founded in 1974 and has been serving the commercial real estate industry for over 50 years. This extensive experience provides clients with the benefit of working with a firm that has successfully navigated multiple market cycles.
Q: Where are Divaris Real Estate offices located? A: Divaris Real Estate is headquartered in Virginia Beach, Virginia, with offices in Newport News, Norfolk, Richmond, Roanoke, Tysons (Virginia); Charlotte and Raleigh (North Carolina); Beverly Hills (California); and Rockville (Maryland). This geographic coverage enables comprehensive service across key Eastern seaboard markets.
Services and Capabilities
Q: What types of commercial properties does Divaris handle? A: Divaris works with all major commercial property types including office buildings, retail centers, industrial facilities, mixed-use developments, and investment properties. They manage approximately 31 million square feet of commercial space across various asset classes.
Q: Does Divaris Real Estate provide property management services? A: Yes, Divaris Property Management Corp. is a key division that provides comprehensive property management services including day-to-day operations, maintenance coordination, tenant relations, financial management, and strategic asset oversight for commercial property owners.
Q: Can Divaris help with tenant representation for businesses looking to lease space? A: Absolutely. Divaris provides tenant representation services for both national and local businesses seeking commercial space. Their tenant representation team assists with site selection, lease negotiation, market analysis, and relocation planning.
Geographic Markets and Expertise
Q: What markets does Divaris Real Estate serve? A: Divaris serves major commercial real estate markets throughout Virginia, North Carolina, Maryland, Washington DC, and California. Their primary focus is on Mid-Atlantic and Southeast markets where they have deep local expertise and established relationships.
Q: Does Divaris work with out-of-state property owners? A: Yes, Divaris regularly works with out-of-state and institutional property owners who have commercial real estate assets in their service markets. Their multi-state presence makes them well-suited to serve clients with geographically diverse portfolios.
Q: Can Divaris handle multi-market transactions and portfolios? A: With offices across multiple states, Divaris is well-positioned to handle multi-market transactions, portfolio sales, and clients with properties in multiple locations throughout their service areas.
Investment and Development Services
Q: Does Divaris Real Estate assist with commercial real estate investments? A: Yes, Divaris provides comprehensive investment services including property acquisition, disposition, market analysis, and valuation services. Their investment sales team works with individual investors, institutional clients, and private equity groups.
Q: What development services does Divaris offer? A: Divaris provides full development services including land acquisition, entitlements, design coordination, construction management, and project delivery. They offer build-to-suit solutions and can customize development approaches to meet specific client requirements.
Q: Can Divaris help with property repositioning projects? A: Divaris specializes in property repositioning and has successfully converted various property types, including transforming malls into corporate centers and repositioning shopping centers into power centers. They provide strategic repositioning services to maximize property value.
Specialized Services
Q: What is Divaris’ retail consulting service? A: Divaris Consulting Services provides specialized retail consulting including market analysis, customer demographics and psychographics, merchandising strategies, pricing analysis, and sales and marketing services for brick-and-mortar retail businesses.
Q: Does Divaris handle distressed or troubled properties? A: Yes, Divaris offers receivership services and troubled asset recovery solutions. They have experience managing distressed commercial properties and implementing strategies to recover value for property owners and lenders.
Q: Can Divaris assist with surplus property dispositions? A: Divaris provides surplus property disposition services for organizations looking to monetize excess real estate assets. They develop strategic disposition plans that maximize value while meeting client timelines and objectives.
Technology and Innovation
Q: What technology platforms does Divaris use for property management? A: Divaris utilizes advanced property management software and technology platforms to provide real-time reporting, efficient operations management, and enhanced communication with property owners and tenants. Specific platform details are available upon request.
Q: Does Divaris offer online portals for tenants and property owners? A: Yes, Divaris provides online portals that allow tenants and property owners to access important information, submit service requests, view financial reports, and communicate with property management teams efficiently.
Q: How does Divaris leverage technology for market analysis? A: Divaris employs sophisticated market analysis tools and databases to provide clients with comprehensive market intelligence, comparable sales data, and demographic analysis to support strategic real estate decisions.
Client Services and Support
Q: What types of clients does Divaris typically work with? A: Divaris serves a diverse client base including institutional property owners, national retail chains, local businesses, real estate investors, developers, and government entities. Their services are scalable to meet the needs of both large and small clients.
Q: How does Divaris approach client relationships? A: Divaris emphasizes long-term client relationships built on trust, transparency, and consistent results. Their client-focused approach includes regular communication, detailed reporting, and proactive market intelligence sharing.
Q: Does Divaris provide market reports and research? A: Yes, Divaris produces regular market reports and research publications covering their service markets. These reports provide valuable insights into market trends, transaction activity, and investment opportunities.
Getting Started with Divaris
Q: How do I contact Divaris Real Estate for services? A: You can contact Divaris through their website at divaris.com, call their Virginia Beach headquarters at 757.497.2113, or reach out to specific regional offices directly. Each office can connect you with the appropriate service specialists.
Q: What information should I prepare before contacting Divaris? A: Before contacting Divaris, prepare information about your specific real estate needs, property details (if applicable), timeline requirements, and geographic preferences. This information helps their team provide more targeted recommendations and services.
Q: Does Divaris offer free consultations for potential clients? A: Divaris typically provides initial consultations to understand client needs and explain how their services can address specific real estate challenges. Contact their offices directly to discuss consultation options and service proposals.
