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R
E T A I L

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| Johnny Rockets'
new location in The Town Center of Virginia Beach has built-in
customers from the Cosmopolitan apartments above. |
DRE’s Recipe for
Restaurant Site Selection Success
VIRGINIA BEACH, VIRGINIA – From a rack of rib-eye
to spoonfuls of shrimp
fried rice to a cup of Joe on the go, Divaris Real Estate Inc. (DRE)
has some
food for thought. As specialists in
tenant representation of restaurant operators of all cuisines, DRE has
completed a plate full of transactions for food service tenants in
Divaris-leased and –managed properties as well as in multiple other
locations in
2005.
In the hub of Virginia’s largest city, the menu
was enhanced
when three more restaurant chains leased space in The Town Center of
Virginia
Beach. Two
restaurants moved into the recently
completed Block 10, which incorporates first-floor retail with the
11-story,
deluxe Cosmopolitan Apartments and 800-car parking garage.
Adding some all-American fare is Johnny
Rockets with its 2,289-square-foot restaurant. And,
Vie de France, the nation’s premier baker
of authentic European breads, will feature a first-class, fast-casual
concept
in its new 4,049-square-foot location.
Down Central Ave to Block 3, The
Cheesecake Factory
and Keagan’s Irish Pub have a new neighbor, Gordon Biersch Brewery
Restaurant. With on-site brewing and food
made fresh,
from scratch, the beverage and cuisine restaurant is another great
dining
experience, joining Ruth’s Chris Steakhouse, Bravo! Cucino Italiana,
P.F.
Chang’s China Bistro, California Pizza Kitchen, Sonoma Wine Bar &
Bistro,
Funny Bones Comedy
Club and Restaurant,
Red Star Tavern, Town Center
City Club, Zushi and Cold Stone Creamery. Each
member of the Town Center’s tenant mix was secured
by DRE’s Virginia Beach office.
Similar to the Southside
of Hampton Roads, the Peninsula carte de jour was
enhanced by some
eatery openings. Italian restaurant Mama
Lina’s signed a lease for 3,738 square feet of retail space in Newport News’ Denbigh Village Shopping Center. Lynn
Dunagan and Kathy Anderson of DRE’s Newport News office handled the lease
negotiations for the landlord.
If spaghetti and
meatballs isn’t what the city’s residents
crave, they can now indulge in new age Irish dishes.
Keagan’s Irish Pub and Restaurant expanded
its locality list with the opening of a 4,412-square-foot site in Jefferson Commons Shopping Center. Jay
Burnell, of DRE's Virginia Beach office, represented the
landlord,
The Goodman Co., in this lease.

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Keagan's
Irish Pub and Restaurant opens in Newport News' Jefferson Commons
Shopping Center.
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For
the stomachs that are really grumbling,
a buffet of Chinese food is ready and waiting in Ashland, Va. Shu
Juan Liu signed one of the year’s most prominent
leases, occupying an
11,109-square-foot space of retail space in Ashland Hanover Shopping Center. Lease
negotiations for that site were handled by the Richmond office’s senior vice
president
Debbie Wake and Brenda Martin, on behalf of the landlord.
Families in Ashburn, Va. can spend quality time
as they
enjoy a good meal at Beef O’Brady’s in Cameron Chase Village. Operating
more than 160 stores nationwide, the neighborhood
sports pub just
opened a 3,850 restaurant next door to Ashburn Ice Rink, with the
help of
DRE’s Rockville office.
While Virginia continues to boost its
dining
options, new sites weren’t bound by state lines. Up
north in Maryland, the Rockville office
cooked up deals for ideal destinations for various restaurants: Primo Italiano, signed a lease for 2,221
square feet in Rockville Town Center; Washington Bagel Company, leased
3,200
square
feet in Randolph Hills Shopping Center; Black Steer Family Steak House
opened
a 4,500-square-foot location in Valley Park Commons; and Hot Noodle
found a
steaming site situated in San Souci Plaza in California, Md.
And, when the post-meal
sleepiness starts to set in or at
early morning rise, how about a cup of Joe on the go?
In North Carolina’s Belmont Square, Java Jo’z Drive-Thru
coffee shop
leased space for a double drive-though unit to provide consumers with a
convenient
cup of coffee.
No matter what’s dished
up – international delight or
down-home cooking -- Divaris Real Estate provides restaurant clients
with
the
ingredients they need to select the perfect site. That
recipe for success is available from
DRE’s Virginia Beach corporate headquarters
office and on its website at www.divaris.com.
Divaris Real
Estate, Inc.
One Columbus Center,
Suite
700
Virginia Beach, VA
23462
TEL: 757.497.2113
FAX: 757.497.1338
info@divaris.com
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