Divaris Real Estate’s Washington, D.C. Office Completes Four transactions Totaling 10,759 Square Feet

Posted on May 31, 2019  /  in News Releases  /  No Comments

TYSONS CORNER, VIRGINIA: Divaris Real Estate, Inc. (DRE), announced the completion of four transactions for leased retail properties in the metropolitan Washington, DC region, totaling 10,759 square feet.

Sales Transaction

1249 Bladensburg, LLC purchased a 3,459-square-foot retail property located at 3220 Old Lee Highway in Fairfax, Virginia from Roger Dodger II, LLC for $875,000.   Rob Gray, Joe Farina and Tony Thur brokered the sale on behalf of the seller.

Lease Transactions

Marlow Heights Shopping Center, Temple Hills, MD

Marlow Heights Shopping Center, Temple Hills, MD

Shoe Trends leased 4,500 square feet of retail space in the Divaris-leased Marlow Heights Shopping Center located at 4005 Branch Avenue in Temple Hills, Maryland.  Joe Farina and Chris Saa represented the landlord in the lease negotiations.  Marlow Heights is anchored by Macy’s, Giant and Dollar Tree.  Other tenants in the shopping center include Advance Auto Parts, Catherines, Marlow 6 Theater and Sports Zone.

Stem Tree Learning leased 1,600 square feet of retail space in The Heights at Goose Creek located at Sycolin Road Building 3 in Ashburn, Va.  Rob Gray and Tony Thur represented the tenant in the lease negotiations.

Kavacha Hair Salon leased 1,200 square feet of retail space in the Divaris-leased freestanding retail property located at 5600 Ager Road in Hyattsville, Md.  Joe Farina and Amit Grover represented the landlord 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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