Virginia Beach, Virginia: Gerald Divaris, chairman and CEO of Divaris Real Estate Inc. (DRE), announced the signing of a lease with G-Mart Virginia Beach for 33,963 square feet of retail space in the Lynnhaven Green Shopping Center located at 1505 Lynnhaven Parkway in Virginia Beach. The shopping center is being leased by DRE and managed by Divaris Property Management Corp. (DPMC). Other tenants in the shopping center include Dollar General and China Wok.
Starting with its first store in Buford, Georgia, G-Mart is an international grocery store specializing in Latin and Asian foods, fresh fish and produce. The Virginia Beach location will be the first G-Mart in the Hampton Roads region, with four more opening in the next several months. The grocery store will primarily serve the Green Run neighborhood.
The lease was handled on behalf of the landlord, Lone Ranger, LLC, by Gerald Divaris and David Bickford, sales and leasing associate in the Virginia Beach office.
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 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.