Prime Time Rentals Leases 10,000 Square Feet in Charlotte

Posted on July 13, 2005  /  in News Releases  /  No Comments

Charlotte, North Carolina:  Gerald S. Divaris, Chairman/CEO of Divaris Real Estate, Inc. announced the signing of a lease with ABC TV & Appliance, Inc., doing business as Prime Time Rentals for 10,000 square feet of retail space in  Eastland Mall located on Central Avenue in Charlotte, North Carolina.   The rent-to-own appliance dealer joins Fred’s and Burlington Coat Factory in Eastland Mall.

Prime Time Rentals is based in Roanoke, Virginia and operates over 40 stores in Virginia, North Carolina, Maryland and West Virginia.

DRE’s Charlotte office, along with Brenda Martin of DRE’s Richmond, Virginia office,  represented the tenant in the lease negotiations.  The landlord of the shopping center is Cameron Group, LLC.

Divaris Real Estate, Inc. is headquartered in Virginia Beach, Virginia with offices in  Chesapeake, Newport News, and Richmond, Virginia; Charlotte, North Carolina; Atlanta, Georgia; Rockville, Maryland; and Boca Raton, Florida. 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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