Ross Stores Leases 27,689-Square-Feet in Virginia’s Waynesboro Town Center

Posted on January 10, 2007  /  in News Releases  /  No Comments

Waynesboro, Virginia  Gerald S. Divaris, chairman/CEO of Divaris Real Estate Inc. (DRE), announced the signing of a lease with Ross Stores Inc. for 27,689 square feet of retail space in Waynesboro Town Center in Waynesboro, Va.

Located midway between Harrisonburg and Charlottesville, Va., Waynesboro TownCenter opened fall of 2007 on the former Waynesboro Outlet Village.  Ross joins Kohl’s,PetSmart, Target and Michael’s at the 400,000-square-foot mixed-use, “town center-style” development.

Ross Stores Inc., a Fortune 500 and Nasdaq 100 (ROST) company headquartered inPleasanton, Calif., is the nation’s second largest off-price clothing company.  As of Feb. 3, 2007, the company operates 771 Ross Dress for Less stores and 26 dd’s discount stores.

Gerald Divaris and Senior Vice Presidents Brett Womack and Debbie Wake, of DRE’sRichmond office, represented the Tenant and Landlord in the lease negotiations.  Divaris Real Estate exclusively represents Ross Stores Inc. in Hampton Roads, Richmond andWestern Virginia.  In the past two years, DRE has secured sites for Ross Stores inChesapeake, Christiansburg, Danville, Lynchburg, Newport News, Roanoke, andRichmond, Va.  DRE is exclusive leasing agent for the landlord, Collett Development Co.

Divaris Real Estate Inc. is headquartered in Virginia Beach, Va. with offices in Chesapeake, Newport News, and Richmond, Va.; Charlotte, N.C.; Atlanta, Ga.; and Rockville, Md.  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 in excess of 25 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 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, 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.

    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, 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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