Divaris’ Richmond Office Completes Eight Retail Leases

Posted on August 22, 2012  /  in News Releases  /  No Comments

Virginia Beach, Virginia: Gerald S. Divaris, chairman and chief executive officer of Divaris Real Estate Inc. (DRE), announced the following lease transactions were completed for more than 81,000 square feet of retail space in central Virginia.

Children’s Museum of Richmond leased 26,060 square feet of retail space in the Divaris-leased Winterpock Crossing Shopping Center, located at 6628 Lake Harbor Drive in Midlothian, Virginia. Zachary Means, Larry Agnew and Sara Goodall of the Richmond office of Divaris Real Estate, Inc. handled the lease for the landlord, JNB Company of Virginia. This lease represents the second location for Children’s Museum of Richmond. Other businesses at Winterpock Crossing include Tractor Supply and Ferguson Enterprises.

K&G Menswear has signed a lease for 22,888 square feet of retail space in White Oak Village, located on Laburnum Avenue in Richmond. Brett McNamee handled the lease for the tenant in negotiations with the landlord, Forest City Commercial Group. K&G sells career wear to casual wear and is owned by Men’s Wearhouse. This is its first store in the northeast quadrant of Richmond. The men’s fashion store joins Martin’s, Michael’s, Lowes, Sam’s Club, Office Max and Petsmart in White Oak Village.

Ulta Cosmetics has signed a lease for 12,858 square feet of retail space in Valley View Mall located in Roanoke, Virginia. DRE’s Debbie Wake and McNamee handled the deal for the tenant. This is the first location in the Roanoke Market for Ulta, which specializes in women’s and men’s cosmetics and fragrances. Other tenants at Valley View Mall include JCPenney, Macy’s, Barnes & Noble, Old Navy and Belk.

CareMore Medical Enterprises leased 10,000 square feet of retail space in the Divaris-leased Parkway Shopping Center, located at 6323 Jahnke Road in Richmond. DRE’s John Madures handled the lease for the landlord, Lim Family Partnership. The medical facility joins Rite Aid at Parkway Shopping Center.

Luxottica Retail North America, Inc. renewed its lease for 3,288 square feet of retail space in the Divaris-leased and -managed Parc Place, located at 11740 West Broad Street in Richmond. DRE’s Goodall handled the transaction for the landlord, Gibraltar Virginia S, LLC. The luxury and sports eyewear retailer joined co-tenants Petsmart, Dollar Tree, Jason’s Deli, Sports Clips, Portrait Innovations, Tropical Smoothie and Quizno’s.

Stavna Dance Academy leased 2,986 square feet of retail space at The Shoppes at Belvedere, located at 11420 Belvedere Vista Lane in Richmond. McNamee handled the lease for the landlord, The Shoppes at Belvedere, LLC. The property comprises more than 22,000 square feet of retail and restaurant space, including Firebirds Restaurant and Sushi Box.

Glenn J. Weaver leased 1,920 square feet of retail space at Victorian Square, located at 10813 Hull Street Road in Midlothian. Madures represented the landlord, Wharton Realty Group Inc., in the lease transaction. Wharton Realty Group has been in the property management business for more than 20 years and has acquired over 20 properties in 12 states.

Creative Touch Interiors, Inc. leased 1,750 square feet of retail space at Parkside Marketplace, located at 10821 West Broad Street in Glen Allen, Virginia. The lease was handled by Goodall and McNamee for the landlord, PNK, LLC. Creative Touch Interiors, a flooring design center, joins Starbucks, Smoothie King, Five Guys, Moe’s Southwest Grill, West Marine and Benjamin Moore Paints in Parkside Marketplace.

Divaris Real Estate Inc. is headquartered in Virginia Beach, VA with offices in Chesapeake, downtown and suburban Norfolk, Newport News, and Richmond, VA; Charlotte, NC 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 30 million square feet of prime office, retail and industrial space from New Jersey to Florida.

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 across the country. These organizations represent corporate and institutional clients, 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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