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March 8, 2002

NEW LIFE ENTERPRISES, CORP. LEASES 
10,000 SQUARE FEET IN RICHMOND

RICHMOND, VIRGINIA:  Brett Womack, Principal of Divaris Real Estate, Inc.'s Richmond office, announced the signing of a lease with New Life Enterprises, Corp. for 10,000 square feet of retail space in the Divaris leased 360 West Shopping Center, located at 7154 Hull Street in Richmond, Virginia.  New Life Enterprises, a thrift store, joins Rite Aid, Auto Zone and Dollar General in the shopping center.  
 
Brenda Martin, of DRE's Richmond, Virginia office, represented the Landlord, 360 West Shopping Center, in the negotiations.  
  
Divaris Real Estate, Inc. is headquartered in Virginia Beach, Virginia with offices in Norfolk, Chesapeake, Newport News, and Richmond, Virginia; Charlotte, North Carolina; Atlanta, Georgia; Rockville, Maryland; and Boca Raton, Tampa, Hollywood and St. Augustine, Florida. It is an international real estate brokerage and property management company that currently manages and/or leases in excess of 28.2 million square feet of prime office, retail, and industrial space throughout the Mid-Atlantic and Southeastern states. 

Divaris Real Estate, Inc. is a member of Realty Resources, a national group of independent retail property brokers and managers covering 75 major markets throughout the United States.  DRE is also the Virginia affiliate for The CORE Network, a national group of full-service commercial 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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DIVARIS REAL ESTATE, INC.
One Columbus Center, Suite 700
Virginia Beach, Virginia 23462
757-497-2113 FAX: 757-497-1338
email: info@divaris.com

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