VIRGINIA BEACH, VIRGINIA: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced the signing of a lease with Mrs. Bones Bowtique for 633 square feet of retail space in the Town Center of Virginia Beach. The dog collar, leash and accessories store will be located between Sumatra Salon & Spa and P.F. Chang’s Chinese Bistro on the first floor of the Armada Hoffler tower block on Central Park Avenue. The store’s anticipated opening date is October 1, 2014.
Mrs. Bones sells decorative dog collars for discriminating dog owners. Since 1988, Mrs. Bones has been creating custom dog collars and leashes from more than 500 brocade, tapestry, velvet, tartan and jacquard woven trims, all of which are handmade in the United States. Its collections feature the most unique collars that reflect a pet owner and their dog’s personality with every consideration given to the comfort of their pet. Matching or color-coordinating leashes are available. Previously, the popular Mrs. Bones Bowtique was located for 12 years in the Hilltop section of Virginia Beach.
This is the ninth new tenant to reveal its opening in the fifth phase at the Town Center of Virginia Beach. Recent announcements of new retailers to join the mixed-use development include Anthropologie, Free People, lululemon athletica, francesca’s, West Elm, Paper Source, Tupelo Honey Cafe and Twist Martini.
Erica Rorrer, vice president of retail leasing in the Virginia Beach office of DRE, handled the lease negotiations on behalf of the landlord, Armada Hoffler Properties, Inc. The Town Center of Virginia Beach is leased by Divaris Real Estate, Inc., and managed by Divaris Property Management Corp.
Other noted retailers in The Town Center include Brooks Brothers, LOFT, Origins, Cache’, Johnston & Murphy, Sunglass Hut, Men’s Wearhouse, bevello, Louis Jones Art Gallery, and Dick’s Sporting Goods. Recent openings include Destination Maternity and IT’SUGAR. Spanning over 17 city blocks, the highly successful, mixed-use Town Center is the core of the City’s Central Business District. The project is being developed by Armada Hoffler Properties, Inc. The Town Center provides a mix of multilevel upscale retail, Class A office, luxury residential, The Sandler Center for the Performing Arts and an array of cafes, restaurants and deluxe business hotels.
About Divaris Real Estate
Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in Newport News, Norfolk, Richmond and Roanoke, VA; Charlotte, NC; and Washington, DC. 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 approximately 23 million square feet of prime office, retail and industrial space from New Jersey to Florida. Gerald S. Divaris is Chairman of the Board, and Michael B. Divaris is President of Divaris Real Estate, Inc.
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, management, sales and acquisitions.
About Armada Hoffler Properties, Inc.
Armada Hoffler Properties, Inc. is a full service real estate company with extensive experience developing, building, owning and managing high-quality, institutional-grade office, retail and multifamily properties in attractive markets throughout the Mid-Atlantic United States. The Company has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.