Divaris Signs Best Buy to 30,000 SF Lease in Colonial Heights, VA

Posted on September 15, 2014  /  in News Releases  /  No Comments

RICHMOND, VIRGINIA: Gerald S. Divaris, Chairman/CEO of Divaris Real Estate, Inc. (DRE), announced the signing of three leases totaling approximately 35,000 square feet of retail space in the greater Richmond area.

Best Buy renewed its lease of 30,000 square feet in Dimmock Square shopping center in Colonial Heights, Va. Divaris has represented Best Buy in several leases for big box space throughout the Commonwealth of Virginia.  Gerald Divaris and Debbie Wake, senior leasing agent in DRE’s Richmond office, represented the tenant in the lease negotiations.

Cricket Wireless signed a lease for 2,544 square feet of retail space in the Divaris-leased Brookhill Azalea Shopping Center located at 5214 Chamberlayne Avenue in Richmond.  The cellular telephone retailer joins Food Lion, Cititrends, Rainbow, Sally Beauty, and Jackson Hewitt in the neighborhood center. Sara Goodall represented the landlord, BSV Premier Brookhill, LLC, in this lease.

New Beginning Bible Church signed a lease for 2,350 square feet of space in the Divaris-leased Parham Road East Office Park located at 2221 East Parham Rd in Henrico, Va. The lease negotiations were handled on behalf of the landlord, 4421 Dale LLC, by John Madures of the Richmond office of 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; and metropolitan 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 23 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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