DRE Leases 20,000 SF To Northern Tool in Charlotte, NC

Posted on June 20, 2014  /  in News Releases  /  No Comments

CHARLOTTE, NORTH CAROLINA:  Gerald S. Divaris, chairman/CEO of Divaris Real Estate, Inc. (DRE), announced the signing of a lease with Northern Tool + Equipment Company, Inc., for 20,000 square feet of retail space in Crown Point Plaza Shopping Center, located at 2516 North Sardis Road in Charlotte.   Northern Tool joins Burlington Coat Factory in the Divaris-leased shopping center.

Northern Tool + Equipment is based in Burnsville, Minnesota. Northern Tool’s professional staff provides in-depth knowledgeable and exceptional personal assistance to customers worldwide. Northern Tool offers a wide selection of products — from consumer goods to industrial and construction equipment — to do-it-yourselfers, contractors and professional shops.

Diana Teitsma, principal in the Charlotte office of Divaris, represented Burlington Coat Factory in the negotiations for this sub-leased space.
 
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; 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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