ALFRED ANGELO AND LIFE IS GOOD JOIN DIVARIS-LEASED SHORT PUMP STATION

Posted on January 22, 2010  /  in News Releases  /  No Comments

Richmond, Virginia:  John Wingfield, principal of the Richmond, Va. office of Divaris Real Estate Inc. (DRE), announced the signing of two leases for retail space in the Divaris-leased Short Pump Station located at the intersection of West Broad Street and John Rolfe Parkway in Henrico County, Va.  AA Bridal, LLC, doing business as Alfred Angelo, will occupy 4,440 square feet in the lifestyle center.   Jake & Friends, LLC, trading as Life is Good, has leased 1,600 square feet of retail space in Short Pump Station.

Trader Joe’s specialty grocery anchors the 91,369-square-foot Short Pump Station.  Other tenants include ULTA Cosmetics, Five Below, Petco, Longhorn Steakhouse, Omaha Steaks and Vitamin Shoppe.  Located in the heart of Short Pump, the center is adjacent to West Broad Village, a 115-acre mixed-use development currently under construction. Short Pump Station boasts high visibility from West Broad Street and close proximity to both I-64 and I-295.

Alfred Angelo is a 68-unit retail chain specializing in custom wedding apparel and formalwear.   This is the first Alfred Angelo store in the metropolitan Richmond area.   For 75 years, the company has been dressing wedding parties in elegant and affordable designer gowns from its stores in California, Florida, Louisiana, Maryland, Nevada, Ohio, Oklahoma, New York, Pennsylvania and Texas.

This is also the region’s first “Life is good” store — a nationally branded gift, clothing and accessory retailer famous for its stick figure character “Jake”.   Fifteen years after the company’s inception, Life is good has recently surpassed $100 million in annual revenue. The original flagship store on Newbury Street in Boston has been joined by 130 dedicated shops and retailers nationwide.

Debbie Wake and Brett Womack McNamee, both senior vice presidents of retail sales and leasing for the Richmond office of DRE, represented the landlord, Retail South in the negotiations for both leases.

Divaris Real Estate Inc. and Divaris Property Management Corp. comprise one of the largest commercial and industrial property management, leasing and brokerage groups on the U.S. eastern seaboard, servicing client needs in the Mid-Atlantic and Southeastern states. Founded in 1974, the Divaris Group maintains offices in Virginia Beach, Chesapeake, downtown and suburban Norfolk, Newport News, and Richmond, Va.; Charlotte, N.C.; and Rockville, Md.  It currently manages and/or leases in excess of 24 million square feet of prime office, retail and industrial space.

Divaris Real Estate is a member of Realty Resources, a national group of independent retail property brokers and managers covering 91 major markets throughout the United States.  DRE is also the Virginia affiliate for The CORE Network, a national group of office and industrial brokers with affiliates throughout the U.S., Canada, Mexico, Asia and Europe.  These organizations represent corporate and institutional clients, as well as tenants and buyers in all aspects of leasing, development and managing properties, acquisitions and land sales. Gerald S. Divaris is chairman of the Board, and Michael B. Divaris is president of Divaris Real Estate Inc.

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