Divaris Completes Three Retail Leases for Over 11,000 Square Feet in Hampton Roads

Posted on March 25, 2013  /  in News Releases  /  No Comments

Virginia Beach, Virginia:  Gerald S. Divaris, Chairman/CEO of Divaris Real Estate, Inc. (DRE), announced the completion of three leases for retail space at Lynnhaven East Shopping Center and North Mall Shops in Virginia Beach, and Broad Creek Phase I in Norfolk.  All of the leases were handled on behalf of the landlords by David Redmond and Melinda Simons in the Virginia Beach office of Divaris Real Estate.

Clothes Mentor signed a lease for 4,091 square feet of retail space at Lynnhaven East Shopping Center, located at 2701 North Mall Drive in Virginia Beach.  Opening its first Hampton Roads location, this tenant is a women’s resale store for all women’s sizes, including petites and maternity.

nTelos signed a lease for 3,147 square feet of retail space at North Mall Shops, located at 2704 North Mall Drive in Virginia Beach.  nTelos is a leading provider of wireless communications services to consumers and businesses in select areas of Virginia, West Virginia, Maryland, Ohio, Kentucky and North Carolina.

Sleepy’s, LLC signed a lease for 4,000 square feet of retail space at Broad Creek Phase I, located at 1241 North Military Highway in Norfolk, VA.  With this its second location in Norfolk, Sleepy’s offers the largest selection of name brand mattresses in over 800 showrooms across the country.

Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in Chesapeake, 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 30 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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