DRE Leases 25,924 Square Feet in netp@rk.tampabay

Posted on November 09, 1999  /  in News Releases  /  No Comments

Tampa, Florida: Gerald S. Divaris, Chairman/CEO of Divaris Real Estate, Inc., announced the signing of three leases totaling 25,924 square feet in the Divaris leased and managed netp@rk.tampabay in Tampa, Florida.  Henry McClure, of DRE’s Tampa office, represented the Landlord, the John Hancock Mutual Life Insurance Company, in the first two negotiations, and John Wingfield, DRE’s Senior Vice President handled the negotiations for the third.

The first lease was signed with The Temple Gym, for 11,200 square feet.  The Temple Gym is a newly formed corporation with several locations throughout the Bay area.  The health club will be available to employees of netp@rk.tampabay, as well as to visitors of to complex.  The club’s features include an aerobics room, weight training room, free weights, cardiovascular enhancing exercise equipment, a running/walking trail within the park’s perimeter, and a Vitamin Bar which will provide members with nutritional drinks and snacks at reasonable prices.  The gym also offers members  a pro shop which sells fitness apparel, nutrition supplements, equipment and health and fitness books.

The second lease was signed with WFS Financial, Inc. for 7,500 square feet.  WFS is a federally chartered and insured savings and loan company with assets of $4.3 billion (as of September 30, 1999).  Headquartered in Irvine, California, WFS is a principal subsidiary of Westcorp.  They offer a wider range of depository, investment, commercial banking, equity and other lending programs in 25 offices located throughout California.

The third lease was signed with the Hillsborough County Building Services Department  for 7,224 square feet.  The department  will be providing a satellite office for subcontractors and other various trades to obtain specialty permits.  This office also provides a wide range of other governmental required services and documents pertaining to building construction.

Formerly Eastlake Square Mall, the one million square foot netp@rk.tampabay has undergone a multi-million dollar renovation to become America’s first corporate supercenter for call centers, back office and high-tech R & D companies.   With individual suites from 5,000 to 150,000  square feet, netp@rk.tampabay is ideally suited to the needs of large call, customer service and data processing centers. Spacious, open floor plates and 18-foot ceilings allow suites to be configured to virtually any specification.  Tenants of netp@rk include:  General Motors, New Horizons, Creative World, and Eurest Dining.

Divaris Real Estate, Inc. is headquartered in Virginia Beach, Virginia with offices in Norfolk, Chesapeake, Newport News, and Richmond, Virginia; Bethesda, Maryland, Charlotte, North Carolina; Atlanta, Georgia; Jackson, Mississippi; and Tampa, Miami, and St. Augustine, Florida. It is an international real estate brokerage and property management company that currently manages and/or leases in excess of 21,000,000 square feet of prime office, retail, and industrial space throughout the Mid-Atlantic and Southeastern states. Divaris Real Estate, Inc. is a member of Realty Resources, a national group of independent retail property brokers and managers covering seventy-five major markets throughout the United States. This organization represents corporate and institutional clients, as well as tenants and buyers in all aspects of leasing, development, and managing properties, as well as in acquisitions and land sales. Gerald S. Divaris is Chairman of the Board and Michael B. Divaris is President of Divaris Real Estate, Inc.


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