Virginia Beach, Virginia: Gerald S. Divaris, Chairman and CEO of Divaris Real Estate, Inc., announced the signing of a lease with Children’s Hospital of The King’s Daughters (CHKD) for 10,400 square feet of retail space in the Divaris leased Giant Square Shopping Center located at 737 Independence Boulevard in Virginia Beach.
The space will be used as a CHKD thrift store to raise money for the Hospital. Since 1896, the Children’s Hospital of The King’s Daughters has been Virginia’s only free-standing, full-service, not-for-profit pediatric hospital – treating children from birth through age 21. Children’s Hospital attends to children’s needs on many levels, such as developmental, psychological, physical and social, and supports pediatric education and research. With this lease, CHKD opens the 20th store in the Hospital’s chain of thrift stores.
Anne Millar and Lori Campbell of DRE’s Virginia Beach office represented the Landlord, Rite Aid of Virginia, Inc., in the lease negotiation and Jay Couch of DRE’s Virginia Beach office represented CHKD.
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 21 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 75 major markets throughout the United States. DRE is also the Virginia affiliate for The CORE Network, a national group of full-service commercial 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.
December 26, 2002