Posted on July 07, 2003  /  in News Releases  /  No Comments

Roanoke, Virginia: Brett Womack, Principal of the Richmond office of Divaris Real Estate, Inc. announced the signing of a lease with Bed Bath & Beyond Inc. for 22,272 square feet of retail space in the Towne Square Shopping Center located on Towne Square Boulevard in Roanoke, Virginia.  Founded in 1971, the nationwide chain of Bed Bath & Beyond Inc. sells high quality merchandise and furnishings for the home.

This is Bed Bath & Beyond Inc.’s first location in the Roanoke market.  Bed Bath & Beyond will be taking a portion of the former Phar Mor site at Towne Square Shopping Center.  Towne Square Shopping Center is a 301,563 square foot center that is anchored by  Sam’s Club, Michaels, Office Max, Heironimus, Fashion Bug and A&N Sporting Goods.

Brenda Martin, Debbie Wake and Brett Womack of DRE’s Richmond office represented the landlord, Kimco Realty Corporation, in the negotiations.

Divaris Real Estate, Inc. is headquartered in Virginia Beach, Virginia with offices in Norfolk, Chesapeake, Newport News, and Richmond, Virginia; Charlotte, North Carolina; Atlanta, Georgia; Rockville, Maryland; and Boca Raton and Tampa, Florida. It is an international real estate brokerage and property management company that currently manages and/or leases in excess of 22 million square feet of prime office, retail, and industrial space throughout the Mid-Atlantic and Southeastern states.  Divaris Real Estate, Inc. 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.

July 7, 2003

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