Divaris Signs Three Leases for Approximately 14,000 SF in Richmond, Va

Posted on August 04, 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 14,000 square feet of commercial space in Richmond, Va.

Dollar General renewed its lease for 8,000 square feet of retail space in the Divaris-leased and –managed 360 West Shopping Center, located at 7218 Hull Street Rd. The lease negotiations were handled on behalf of the landlord by Sara Goodall of DRE’s Richmond office. Dollar General Corporation is the nation’s largest small-box discount retailer with more than 11,000 stores in 40 states.

The Dolan Company signed a lease for 3,120 square feet of office space, located at 411 E. Franklin St. The lease negotiations were handled on behalf of the landlord, Jemal’s 411, LLC, by Debbie Wake and Brett McNamee of the Richmond office of Divaris Real Estate. Headquartered in Minneapolis, Minn., the Dolan Company is a leading provider of business information and professional services to legal, financial and real estate sectors in the United States.

Liquid Glass Kustomz, automotive customizing, signed a lease for 2,856 square feet of flex space in the Divaris-leased and –managed Belt Trade Center, located at 113 E. Belt Blvd. The lease negotiations were handled on behalf of the landlord, South Belt Flex LLC, by John Madures of the Richmond office. Other tenants in the center include Jamacas Automotive, Universal Auto Repair, and Unique Auto.

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, 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.

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