T.J. Maxx Leases 30,000 Square Feet in Crossways Shopping Center

Posted on September 12, 2002  /  in News Releases  /  No Comments

Chesapeake, Virginia:  Gerald S. Divaris, Chairman/CEO of Divaris Real Estate, Inc., announced the signing of a lease with T.J. Maxx for 30,000 square feet of retail space in the Divaris leased Crossways Shopping Center, located at 1412 Greenbrier Parkway in Chesapeake, Virginia.  T.J. Maxx joins Ross Dress For Less, DSW Shoe Warehouse, Marshall’s, Value City Furniture and Dress Barn in Crossways Shopping Center.

T.J. Maxx opened its first stores on March 31, 1977 in Worcester and Auburn, Massachusetts and has grown to be the nation’s largest off-price retailer with over 700 stores in 47 states.  T.J. Maxx sells brand name items for the home and designer fashions for the entire family at up to 60 percent less than department and specialty store prices, every day.  T.J. Maxx defines true value as fashionable, quality brand name and designer merchandise at affordable prices.  T.J. Maxx does not have “sales? but offers terrific savings every day, with over 10,000 new items received each week.

Gerald Divaris and Mary McGovern, Transaction Director of DRE’s Virginia Beach office, represented the Landlord, JLP-Chesapeake, LLC, 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 and Tampa, Florida. It is an international real estate brokerage and property management company that currently manages and/or leases in excess of 21 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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