Crusader Rent-To-Own Joins East Towne Plaza

Posted on February 26, 2009  /  in News Releases  /  No Comments

Richmond, Virginia: John Wingfield, principal of the Richmond office of Divaris Real Estate Inc. (DRE), announced the signing of a lease with Crusader Rent-to-Own of Virginia for 5,250 square feet of retail space in the Divaris–leased-and-managed East Towne Plaza, located at 2821 Williamsburg Road in Richmond, Va.

Crusader Rent-to-Own offers name brand products such as appliances, electronics, furniture and computers. Crusader began as a Cash Advance chain and in November 2002, they opened their first Rent-To-Own Store. In the past five years they have opened 21 Rent-To-Own stores. Crusader joins Food Lion, Advance Auto Parts and Jackson Hewitt in East Towne Plaza.

The landlord, Peck-East Towne, LLC was represented in the lease negotiations by Mollie Willey and Sara Goodall, retail leasing associates in the Richmond, Va office of DRE.
Divaris Real Estate Inc. is headquartered in Virginia Beach, Va. with offices in Chesapeake, Newport News, and Richmond, Va.; Charlotte, N.C.; and Rockville, Md.  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 25 million square feet of prime office, retail and industrial space throughout the Mid-Atlantic and Southeastern states.

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, 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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