Divaris Completes More Than 7,500 SF of Lease Transactions in Maryland

Posted on October 15, 2014  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Gerald S. Divaris, chairman and chief executive officer of Divaris Real Estate, Inc., announced the completion of two retail leases by the Washington DC Regional office, totaling 7,560 square feet.

The Mattress Connection of Rockville leased 5,160 square feet of retail space at 11760 A Parklawn Drive, in Rockville, Maryland. The lease negotiations were handled on behalf of the tenant by Susan McGee of the Washington D.C. Regional office. The mattress retailer offers mattresses to suit all shapes, sizes and comfort levels, plus many bedding essentials.

Hookah Time leased 2,400 square feet of retail space in the McCain Center, located at 4 South McCain Drive, in Frederick, Maryland. The lease negotiations were handled on behalf of the landlord, Lara Bay Investments, LLC, by Brandon Howard of DRE’s Washington D.C. Regional office. Hookah Time joins Liberty Tax, Valley Chiropractic and International Bazaar.

Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in 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 23 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.

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