Jessica Sabbath// October 24, 2014//
The brokerage and consulting firm USI Insurance Services is leasing 19,335 square feet of office space in the Town Center of Virginia Beach.
The Virginia Beach-based commercial real estate firm Divaris Real Estate Inc. said USI is moving to newly renovated space at 4605 Columbus St. The company currently has Hampton Roads offices in Norfolk and will retain a presence there.
USI will bring about 150 employees to Virginia Beach. The New York-based company has more than 4,000 employees at more than 140 offices throughout the U.S.
The lease negotiations were handled on behalf of the landlord, Armada Hoffler Properties, by Michael Divaris, Vivian Turok and Krista Costa of Divaris Real Estate’s Virginia Beach office. Cushman & Wakefield Thalhimer represented USI in the transaction. According to Thalhimer, the company relocate from from Main Street Tower in Norfolk and will occupy 12,949 square feet within the World Trade Center in Norfolk, in addition to its new space at Town Center of Virginia Beach.
The center is leased by Divaris Real Estate, Inc., and managed by Divaris Property Management Corp.