Virginia Beach, Virginia: Gerald Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced the signing of a lease with Firehouse Subs for 2,400 square feet of retail space in Acredale Shoppes, located at 5224 Indian River Road, in Virginia Beach, Va.
Firehouse Subs, with more than 350 restaurants in 17 states has been in the sub business for 14 years. This will be their second location in Virginia Beach; their first, in Landstown Commons, is the single highest grossing restaurant in the Firehouse chain.
The Tenant was represented in the lease negotiations by David Redmond and Levi Thomson, both retail leasing agents in DRE’s Virginia Beach office. Thomson and Redmond, together with Debbie Wake of DRE’s Richmond office, represent Firehouse Subs in its search for new locations in Hampton Roads, Central and Western, VA.
Divaris Real Estate Inc. is headquartered in Virginia Beach, Va. with offices in Chesapeake, Newport News, and Richmond, Va.; Charlotte, N.C.; and Rockville, Md. 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 25 million square feet of prime office, retail and industrial space throughout the Mid-Atlantic and Southeastern states.
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, as well as tenants and buyers in all aspects of leasing, development and managing properties, acquisitions and land sales. Gerald S. Divaris is chairman of the Board, and Michael B. Divaris is president of Divaris Real Estate Inc