Virginia Beach, VA-based Divaris Real Estate has acquired The McGarey Group, which is now operating as a division of the Divaris Group. The team from Coronado, CA-based The McGarey Group will maintain their current.

The McGarey Group is led by 40-year industry veteran Denver McGarey. According to Divaris Real Estate, The McGarey Group is regarded as a leading expert in the field of mixed-use retail development, leasing, and advisory services, with a national reputation for delivering award-winning projects.

“The McGarey Group has played a vital role in transforming numerous communities through landmark developments, spurring economic and social renewal,” said Gerald Divaris, chairman of the Divaris Group, CEO of Divaris Real Estate. “Denver and his team have ambitious work ethic, unwavering commitment to integrity and an impressive track record of delivering exceptional results, enabling them to forge powerful strategic alliances across all areas of mixed-use development.”

The acquisition expands Divaris Real Estate’s services, and further solidifies its footprint regionally throughout the Mid-Atlantic and nationally in Arizona, Michigan, California, and beyond.

Since its inception, The McGarey Group has been involved in 65 projects equaling 41 million square feet across 22 US states, China and Japan, for 33 institutional clients and 37 private development clients.

Photo, l-r: Gerald Divaris, chairman of Divaris Goup and CEO of Divaris Real Estate; Denver McGarey