VIRGINIA BEACH, VIRGINIA: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced the signing of a lease with Anthropologie for 9,431 square feet of retail space located at The Town Center of Virginia Beach.
“This is the first of several new and exciting fashion retailers coming to the Town Center of Virginia Beach this fall, each of which will be the first of its kind in all of Hampton Roads, Virginia,” according to Divaris. “Anthropologie will anchor the retail in the newly built Main Street Tower on the corner of Main and Town Center Drive across the street from the only Destination Maternity in the market.”
Anthropologie is expected to host its grand opening in Town Center during the Fourth Quarter of 2014. Main Street Tower in The Town Center of Virginia Beach is comprised of a 15-story office building, 4525 Main Street, with Clark Nexsen as its major tenant, approximately 27,000 square feet of retail space, the 288 luxury Encore apartments and an 890-car covered, structured parking garage. Additional new tenants will be announced in the near future, primarily fashion and soft furnishing retailers that will open their first and only stores in the region.
“We are extremely excited that Anthropologie has selected the Town Center for its Hampton Roads location. Also, we’ve been seeing tremendous interest from other unique and desirable retailers with announcements of their openings to come soon,” says Divaris.
The lease was handled on behalf of the landlord, Armada Hoffler Properties, Inc., by Gerald Divaris and Sezin Cortinas, in the Virginia Beach office of Divaris Real Estate. The tenant was represented by Elliott Kyle with The McDevitt Company. The Town Center of Virginia Beach is leased by Divaris Real Estate, Inc., and managed by Divaris Property Management Corp.
The highly successful, mixed-use Town Center is the core of the City’s Central Business District. The project is being developed by Armada Hoffler Properties, Inc. Spanning over 17 city blocks, The Town Center provides a mix of multilevel upscale retail, Class A office, luxury residential, The Sandler Center for the Performing Arts and an array of cafes, restaurants and deluxe business hotels. Other noted retailers in The Town Center include Brooks Brothers, LOFT, Origins, Cache’, Johnston & Murphy, Sunglass Hut, Destination Maternity and Dick’s Sporting Goods.
Twenty years after being founded in Wayne, PA, Anthropologie remains a destination for women seeking a curated mix of clothing, accessories, gifts and home décor that reflects their personal style and fuels their passions, from fashion to art to entertaining. The company offers its customers signature products and unmatched service from its 187 stores throughout the United States, Canada and United Kingdom.
About Divaris Real Estate
Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in Chesapeake, Newport News, Norfolk, Richmond and Roanoke, VA; Charlotte, NC; and Washington, DC. Divaris Real Estate and Divaris Property Management Corp. are divisions of The Divaris Group, an international real estate brokerage and property management company that currently manages and/or leases in excess of 30 million square feet of prime office, retail and industrial space from New Jersey to Florida. Gerald S. Divaris is Chairman of the Board, and Michael B. Divaris is President of Divaris Real Estate, Inc.
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 U.S. 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, tenants and buyers in all aspects of leasing, development, management, sales and acquisitions.