Divaris Real Estate’s Charlotte Office Completes Two Transactions Totaling 32,026 Square Feet

Posted on April 08, 2019  /  in News Releases  /  No Comments

CHARLOTTE, NORTH CAROLINA: Divaris Real Estate, Inc. (DRE), announced the completion of two lease transactions totaling 32,026 square feet of new and renewed retail space in North Carolina.

Lease Renewal

South Square, Durham, NC

South Square, Durham, NC

Ross Dress For Less renewed its lease for 30,187 square feet of retail space in the Divaris-leased and -managed South Square located at 4001 Durham Chapel Hill Boulevard in Durham, NC.  Diana Teitsma and Charles Neil represented the landlord in the lease negotiations.  Other tenants in the Target and Sam’s anchored shopping center include:  Petco, Office Depot, Wells Fargo, Firestone and Mattress Warehouse.

Lease Transaction

The Good Book Company leased 1,839 square feet of retail space in The Colonnade located at 1805 Sardis Road North in Charlotte.  Charles Neil represented the tenant in the lease negotiations.

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 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, (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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