Divaris Real Estate’s Charlotte Office Completes Five Transactions Totaling 32,074 Square Feet

Posted on October 15, 2019  /  in News Releases  /  No Comments

CHARLOTTE, NORTH CAROLINA: Divaris Real Estate, Inc. (DRE), announced the completion of five lease transactions totaling 32,074 square feet of new and renewed retail space in North Carolina.

Lease Renewals

DSW renewed its lease in Patterson Place in Durham, NC

DSW renewed its lease in Patterson Place in Durham, NC

DSW Shoe Warehouse renewed its lease for 25,119 square feet of retail space in the Divaris-leased and -managed Patterson Place located at 3615 Witherspoon Blvd. in Durham, NC.  Diana Teitsma and Charles Neil represented the landlord in the lease negotiations.  Other tenants in Patterson Place include One Main Financial, F45 Training, Panera Bread, Park’s Barber Shop and Salon Centric Nail Spa.

GameStop renewed its lease for 2,100 square feet of retail space in the Divaris-leased and -managed South Square located at 3415 Westgate Drive in Durham, NC.  Charles Neil and Diana Teitsma represented the landlord in the lease negotiations.  Other tenants in the shopping center include Target, Ross Dress for Less, Merle Norman, Office Depot, Wells Fargo, Great Clips and Mattress Warehouse.

Sunny’s Dry Cleaning renewed its lease for 1,635 square feet of retail space in the Divaris-leased and -managed Providence Plaza located at 2935 Providence Road in Charlotte.   Charles Neil represented the landlord in the lease negotiations.   Other tenants in Providence Plaza include Metropolitan Ballroom, Ballantyne Nail Spa, The Little Gym, Fresh Chef Kitchen, Pink Hanger Boutique and Secret Chocolatier.

Truliant Federal Credit Union renewed a lease for an Automated Teller Machine in the Divaris-leased and -managed Wendover Village located at 4217 West Wendover Avenue in Greensboro, NC.  Charles Neil represented the landlord in the lease negotiations.  Other tenants in Wendover Village include Bed Bath & Beyond, Golf Galaxy, Petco, Moe’s Southwest Grill, Marios’s Pizza and More.

Lease Transactions

Harris Teeter leased retail space for a fuel center in the Divaris-leased and -managed Alexander Pointe located at 850 Jake Alexander Blvd, in Salisbury, NC.  Charles Neil represented the landlord in the lease negotiations.  Other tenants in the shopping center include Jersey Mike’s Subs, Great Clips and Farrington Family Medical.

About Divaris Real Estate

Divaris Real Estate, Inc. (http://www.divaris.com/) is headquartered in Virginia Beach, VA with offices in Newport News, Norfolk, Richmond and Roanoke, VA; Charlotte, NC; Beverly Hills, CA; 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 over 31 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, (http://www.realtyresources.org/) 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, (http://www.corenetworkcre.org/) 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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