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David S Divine, SIOR

NC License: 190963

David S Divine
SIOR

Senior Director

Lee & Associates

6781 Parker Farm Rd Suite 1B #140, Wilmington, NC 28405

Market
Wilmington
Specialty
Office Specialist
Member Since
2021
Chapter
SIOR Carolinas Chapter
Areas of Practice
Investments, Sale/Leasing, Consulting
Accreditations
SIOR
David is a very knowledgeable and well respected veteran of the NC Commercial real estate industry. He has been practicing commercial real estate for over 29 years, and has developed many strong relationships and a deep market knowledge during that time. He specializes in representing sellers in the disposition of Income-Producing Commercial Real Estate assets and land. David has joined the Lee & Associates team in the Wilmington, NC office. He has been involved in close to $1 billion in commercial real estate transactions in his career. Year-in and year-out, since 2012, he has consistently been one of the top producers in the Raleigh office of Colliers Int and APG Advisors. David was the top producer in 2014, 2019, 2020, 2021, and runner up in 2022 and 2023, and top producer in 2024. Now with Lee & Associates as a Senior Director of brokerage in Wilmington, NC, David will continue the excellence of teamwork, relationships and investments. He received the prestigious SIOR Designation in 2021.

David is very active in the community. He is a past Chairman of the board of directors and board member of the Raleigh Rescue Mission, and past committee member of Raleigh’s Young Life. He also enjoyed being a head coach and assistant for many seasons in the City of Raleigh’s recreational football and basketball leagues. He is married to Susan, and has three wonderful children.
David S. Divine, SIOR

307 Park Ave Ext

Southport, NC 28461

Mobile (919) 669-4931

david.divine68@gmail.com

Professional Summary

An accomplished Commercial Real Estate Professional with over 28 years of experience in Raleigh, NC and the surrounding area. Consistently one of the top producers at the Colliers International Raleigh office in 2014, 2019 & 2020. Winner of the Everest Award as top 10% producer for Colliers International nationwide, years 2014 & 2019.

Top Producer with APG Advisors in 2021, 2024. SIOR Designation in 2021.

Recently joining Lee & Associates in the Wilmington area as Senior Director in 2025 to continue providing excellent client representation.

Active Real Estate license in NC 190963.

SIOR designation in 2021.

Core Qualifications

Investment Services: Has represented both buyers and sellers in the acquisition and disposition of close to a billion dollars in commercial real estate throughout his twenty-nine year career.

Land Brokerage: Represents landowners and developers in the sale of land tracts, primarily for residential and retail development

Corporate Solutions: Represents select corporations in the administration of their corporately owned and leased real estate portfolios

Advisory/Consulting/ Negotiation/Leasing/ Sales/ Portfolio Administration/ Project Management: Has developed and maintained strong interpersonal communication and negotiation skills, project management, team building, personnel management, accounting, and closing skills over a twenty year real estate career, which includes owning and operating his own full service real estate company from 2007 to 2011 (Divine Stoltz Realty, Divine Stoltz Building & Development).

Notable Recent Sale Transactions

High Point Medical office building - 105,000 square-foot medical office building (sold for $24.75 million)

Marketfair Mall- a 250,000 square foot (SF) retail development in Fayetteville, NC anchored by HH Gregg, Gander Mountain, and Carmike Cinema (sold for $13.25MM)

Ferguson Enterprises Bldg- a 70,000 SF Industrial, single tenant, net leased (STNL) asset located in Wilmington, NC (sold for $5.6MM)

PBM Graphics Bldg.- a 135,000 SF STNL, Industrial asset located in Greensboro, NC (sold for $5MM)

Interstate Commerce Park- a 225,000 SF Multi-tenant Industrial asset located in Greensboro, NC (sold for $4MM)

Golden Gate Shopping Center- a 150,000 SF neighborhood shopping center anchored by Food Lion and Staples located in Greensboro, NC (sold for $7.15MM)

Caterpillar Bldg- a 90,000 SF STNL, Industrial asset located in Smithfield, NC

GSA Federal Govt. Bldg.- a 28,000 SF office building asset located in Raleigh, NC

5101 Nelson Drive- a 75,000 SF Multi-tenant, Industrial asset located in Morrisville, NC

Experience

Lee & Associates

Wilmington, NC

Senior Director

2025-current

APG Advisors

Raleigh/Durham area

Director of Investment Sales

2020-2025

Colliers International-Raleigh, NC

Director of Commercial Investment Sales

February 2011-2020

Divine Stoltz Realty

Owner, Broker in Charge

2007-2011

York Properties

Vice President, Brokerage

1997-2007

Education

University of North Carolina

at Chapel Hill

BA, Communications

Graduated 1992

Phi Gamma Delta fraternity

Football, 1986

R.J. Reynolds High School

Diploma

Graduated 1986

Varsity Football

Professional Organizations

SIOR 2021

Carolinas Chapter

Community Service

Raleigh Rescue Mission

Board of Directors 2007-2012

Chair of the Board 2010-2012

Young Life

Committee Member 2006-2010

City of Raleigh Football and Basketball Coach

Coached football (head coach two seasons/assistant three seasons) and basketball (head coach one season/assistant two seasons)

for the City of Raleigh athletics department.

Finding Purpose Ministry

Small Group Bible Study Leader

Edenton Street United Methodist Church (2004-2011) serving in many different capacities.

Hope Community Church (2012-2020)

Providence Baptist (2021-2024)

Beach Road Baptist (2024-Current)
  • Crexi Power Broker 2024
  • Colliers Top Producer 2014, 2019, 2020
  • APG Advisors Top Producer 2021, 2024
  • Colliers International's Everest Award 2014 & 2019
  • University of North Carolina at Chapel Hill - BA in Communications
David Stroud, SIOR
APG Advisors
Raleigh, NC
David Divine, SIOR
Lee & Associates
Wilmington, NC
Industrial Sale
$24,600,000
309,940 Sq. Ft. / 30 Acres
January 17, 2025 Greensboro, NC

There is no committee participation shown within the last five years. For questions or concerns, please contact membership at 202.449.8200.
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