Southport Trade Center in Virginia Beach sells for $3.3 million

Paula C. Squires// June 15, 2016//

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A local investor in Virginia Beach has purchased the Southport Trade Center there for $3.3 million. Divaris Real Estate Inc. represented Southport Elizabeth Investors Inc. in the sale of the property at 349 Southport Circle to Adrianos Touzos, a Virginia Beach-based investor.

Michael Divaris, Alex Divaris, and Jason Oliver comprised the team from Divaris Real Estate’s Investment Sales Group.

Southport Trade Center is a single-story, office/flex building located within the Central Business District, about one mile south of the Town Center of Virginia Beach. According to the company, the property was fully leased at the time of the sale. Tenants in Southport Trade include Pennoni, Mosquito Joe and Tradesmen. The property is leased by Divaris Real Estate.

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