Richmond, Virginia: Gerald S. Divaris, Chairman/CEO of Divaris Real Estate, Inc. (DRE), announced the lease renewal with CitiTrends at Brookhill Azalea Shopping Center, located at 5206 Azalea Avenue in Richmond, VA. The transaction was handled on behalf of the landlord, BSV Premier Brookhill LLC, by Sara Goodall, in the Richmond office of Divaris Real Estate, Inc.
CitiTrends, who renewed its12,000 square-foot retail space, specializes in low-priced, urban brands and urban-style for the whole family. Their location at Brookhill is one of six locations operating in Richmond.
Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in Chesapeake, Newport News, Norfolk, Richmond and Roanoke, VA; Charlotte, NC; 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 in excess of 30 million square feet of prime office, retail and industrial space throughout the Mid-Atlantic and Southeast. 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.