Johnny Rockets Signs Lease at The Town Center of Virginia Beach

Posted on December 12, 2005  /  in News Releases  /  No Comments

Virginia Beach, Virginia: Gerald S. Divaris, Chairman/CEO of Divaris Real Estate, Inc., announced the signing of a lease with Johnny Rockets for 2,289 square feet in the highly successful Town Center of Virginia Beach, located in the heart of Virginia’s largest city.

Johnny Rockets is the latest retail tenant to lease space in Block 10 in The Town Center of Virginia Beach.  The block, which was recently completed, includes the 11-story, deluxe Cosmopolitan Apartments, first-floor retail and an 800-car parking garage.

Johnny Rockets boasts 176 restaurant locations, globally.  It features simple, great-tasting food from a menu of all-American favorites, including juicy hamburgers, hand-dipped shakes and malts and freshly-baked apple pie.

The lease was negotiated by Mary McGovern, of Divaris Real Estate, Inc., representing the Landlord.  The Tenant was represented by Jay Burnell and Levi Thomson, of DRE’s Virginia Beach office.  The Town Center of Virginia Beach is leased by Divaris Real Estate, Inc., and is managed by Divaris Property Management Corp.  The project is being developed by Armada Hoffler Holding Company.

The Town Center of Virginia Beach is located at the core of the City’s Central Business District.  Once complete, The Town Center will span over 17 city blocks and provide a mix of Class A office, multilevel upscale retail, deluxe residential, the Sandler Center for the Performing Arts and an array of cafes and restaurants and deluxe business hotels.  Other tenants in The Town Center include:  Ann Taylor Loft; Bravo! Cucina Italiana; Brooks Brothers; California Pizza Kitchen; Cold Stone Creamery; Dick’s Sporting Goods; Eclectic Design; Ficarra Jewelers; Hilton Garden Inn; Irving’s Detailing Salon; Jones Art Gallery; Keagan’s Irish Pub & Restaurant; Morgan Stanley; P.F. Chang’s China Bistro; Red Star Tavern; Ruth’s Chris Steak House; Stanley Adams Stationery; Sumatra Salon & Spa; The Cheesecake Factory; The Funny Bone Comedy Club & Restaurant; The Men’s Warehouse; Town Center City Club; and Town Center Fitness.

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 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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