Divaris Real Estate Leases More Than 11,000 SF of Retail Space in the Greater Richmond Area

Posted on March 26, 2014  /  in News Releases  /  No Comments

VIRGINIA BEACH, VA – Gerald S. Divaris, chairman and chief executive officer of Divaris Real Estate, Inc., announced the signing of a two leases for 7,700 square feet and one lease renewal for 3,612 square feet of retail space in the greater Richmond area.

Sherwin Williams signed a lease for 6,000 square feet in the Town Hall Shopping Center, located in Colonial Heights, Virginia. The lease negotiations were handled on behalf of the tenant, by Debbie Wake of the Richmond office of Divaris Real Estate. Sherwin Williams was founded in 1866 and has more than 4,100 company-operated stores and facilities worldwide.

The Parlor signed a lease for 1,700 square feet of retail space at 115 West Broad Street. The lease negotiations were handled on behalf of the tenant by Brett McNamee of the Richmond office of Divaris Real Estate. The Parlor is a hair salon and spa opening on the first floor of the newly renovated Class A apartment building in Richmond’s Arts District.

Premier Audio renewed its lease for 3,612 square feet of retail space in the Divaris-leased and –managed 360 West Shopping Center, located at 7112 Hull Street. The lease negotiations were handled on behalf of the landlord, by Sara Goodall of DRE’s Richmond office.

Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in Newport News, Norfolk, Richmond and Roanoke, VA; Charlotte, NC; and metropolitan 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 approximately 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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