Virginia Beach, Virginia: Gerald S. Divaris, Chairman of Divaris Real Estate Inc. (DRE), announced the following lease transactions were completed for approximately 34,000 square feet of retail space in the Divaris leased and –managed Brenneman Farm Shopping Center.
Marshalls of MA, Inc. leased 26,000 square feet of retail space located at 4540 Princess Anne Road in Virginia Beach, VA. The discount department store joins other tenants in the Harris Teeter-anchored shopping center include, Petco, CVS, Primo Pizzeria and Massage Luxe.
Other new leases signed in Brenneman Farm include Sleepy’s, LLC, a mattress retailer, for 5,573 square feet and Deluxe Nails & Spa for 2,400 square feet of retail space. The shopping center is strategically located on Princess Anne Road at the intersection of South Plaza Trail/Providence Road.
The landlord, Brenneman Farm Retail Associates was represented in each of the transactions by Jay Burnell and Levi Thomson, both vice presidents of the Retail Division in DRE’s Virginia Beach office.
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 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 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.