Divaris Signs Three Retail Leases for More Than 13,000 SF In Richmond, VA

Posted on May 30, 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 13,374 square feet of retail space in Richmond, Virginia.

Family Dollar renewed its lease for 7,150 square feet of retail space in the Divaris-leased and –managed Midlothian Crossing, located at 8501 Midlothian Turnpike. The lease negotiations were handled on behalf of the landlord, Midlothian Associates, L.P., by Sara Goodall of the Richmond office of DRE.

Hanako, a Japanese steak house, renewed its lease for 4,625 square feet in the Divaris-leased and –managed Parc Place at Short Pump, located at 11740 West Broad Street. The lease negotiations were handled on behalf of the landlord, Gibraltar Virginia S, LLC, also by Sara Goodall. Other tenants at Parc Park at Short Pump include PetSmart, Dollar General, Tropical Smoothie, Jason’s Deli and Destination XL.

Wilson Lee Interiors signed a lease for 1,599 square feet of retail space in The Shoppes at Belvedere, located at 11400 Robious Road. The lease negotiations were handled on behalf of the landlord, The Bogese Companies, by Brett McNamee of DRE’s Richmond office. Wilson Lee Interiors is relocating from its current location in South Richmond. Other tenants in the shopping center include Firebird’s Restaurant, Stavna Ballet, Mater Yi’s Taekwondo, Argyle Bakery and Nationwide Insurance.

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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