Divaris Real Estate’s Washington, DC Office Completes Five Transactions Totaling 18,888 Square Feet

Posted on November 16, 2018  /  in News Releases  /  No Comments

TYSONS CORNER, VIRGINIA: Divaris Real Estate, Inc. (DRE), announced the completion of five transactions in the greater Washington, DC metropolitan market, totaling 18,888 square feet of new and renewed commercial space.

Lease Transactions

The Learning Experience Academy of Washington, DC leased 9,930 square feet of retail space in the Divaris-leased former Montessori School of Washington located at 4380 MacArthur Boulevard, NW in Washington, DC. Brandon Howard represented the landlord in the lease negotiations.

Divaris Real Estate leased 4,105 square feet of office space located at 8150 Leesburg Pike in Vienna, Va. Joe Farina and Charlie Webb represented the tenant in the lease negotiations. This lease represents the relocation of DRE’s Washington, DC office from Tysons Corner to Vienna, Va.

Hobby Lobby, Laurel Glen Shopping Center, California, MD

Hobby Lobby, Laurel Glen Shopping Center, California, MD

ABC Cabinet and Granite leased 1,750 square feet of retail space in the Divaris-leased Laurel Glen Shopping Center located at 45315 Alton Lane in California, Maryland. Susan McGee represented the landlord in the lease negotiations. Other tenants in Laurel Glen include: Weis Market, Advance Auto, Hobby Lobby and PetSmart.

Poke Papa Foggy Bottom leased 1,154 square feet of Divaris-leased retail space located at 1919 Pennsylvania Avenue in Washington, DC. Joe Farina represented the landlord in the lease negotiations.

Lease Renewal

School of Rock renewed its lease for 1,949 square feet of retail space in the Divaris-leased Ashburn Square Shopping Center located at 20660 Ashburn Road in Ashburn, Va. Susan McGee represented the landlord in the lease negotiations. Other tenants in the shopping center include: Vocelli’s, Cook 365, T-Mobile, 7-11 and Studio Bleu.

About Divaris Real Estate
Divaris Real Estate, Inc. 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 37 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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