Magazine article Journal of Property Management

Landing the Deals

Magazine article Journal of Property Management

Landing the Deals

Article excerpt

* Divaris Real Estate Inc., which comprises Divaris Property Management Inc., AMO, announced several recent deals:

** Capital Club of Shockoe Slip LLC leased 10,201 square feet of office space in the Bank of America Center office building in Richmond, Va.

** Zaugg Financial leased 1,945 square feet of office space in the Huff, Poole and Mahoney office building in Virginia Beach, Va.

** Terraforms Inc. leased 2,128 square feet of office warehouse space in Independence Business Center in Virginia Beach, Va.

* ContraVest Management Co., AMO, made several recent business trasactions:

** The company sold its 280-unit Courtney Oaks Apartment property in Charlotte, N.C. for $26,650,000 to Sagebrush.

** It also sold its 192-unit Courtney Park Apartment community in Lake Worth, Fla., for $31,070,000 to CAPREIT.

** The company completed its $14.7 million, 238-unit Colonial Grand at Silverado Apartment property in Austin, Texas.

** It also completed its $6. …

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