Harbor Freight Tools Leases 15,000 Square Feet in Lynchburg, VA

Posted on October 25, 2005  /  in News Releases  /  No Comments

Lynchburg, Virginia: John Wingfield, Principal of the Richmond office of Divaris Real Estate, Inc., announced the signing of a lease with Harbor Freight Tools for 15,000 square feet of retail space in Timberlake Station in Lynchburg, Virginia.  The tenant will occupy half of the vacant Winn Dixie store on Timberlake Road.

Harbor Freight Tools is now the largest tool and equipment catalog retailer in the country, providing quality tool-related products to over 5 million customers nationwide, via direct mail, through its many retail stores, and the Internet.  Based in Camarillo, California, Harbor Freight’s retail supply store consists of over 7,000 brand name tools and machinery, making up a full line of home workshop, professional and industrial tools.

Brett Womack, Senior Vice President of DRE’s Richmond office, represented the tenant in the lease negotiations.  The landlord of Timberlake Station is Phillips Edison.

Divaris Real Estate, Inc., is headquartered in Virginia Beach, Virginia with offices in Chesapeake, Newport News, and Richmond, Virginia; Charlotte, North Carolina; Atlanta, Georgia; and Rockville, Maryland.  It is an international real estate brokerage and property management company that currently manages and/or leases in excess of 24 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 United States.  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.

 

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